# Top 50 Startups in Shanghai by Funding (2026)

> The 50 best-funded startups in Shanghai, ranked by total funding raised: $5.8B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/startups-shanghai (Millionrounds; every figure on the page links to its filing or article)

- 1 [**baixing.com** Baixing.com is a prominent online classifieds platform in China, founded in March 2005 and headquartered in Shanghai.](https://millionrounds.com/company/baixing-com) Baixing.com is a prominent online classifieds platform in China, founded in March 2005 and headquartered in Shanghai. *Founded* 2005 Shanghai, China **$510M** last round Jul 2015
- 2 [**WM Motor** WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles.](https://millionrounds.com/company/wm-motor) WM Motor is an automotive company that designs, manufactures, develops, and markets battery-operated electric vehicles. *Founded* 2015 Shanghai, China **$440M** last round Nov 2021
- 3 [**Xiaohongshu** Xiaohongshu, also known as RedNote or Little Red Book, is a prominent Chinese social networking and e-commerce platform founded in 2013 by Miranda Qu and Charlw](https://millionrounds.com/company/xiaohongshu) Xiaohongshu, also known as RedNote or Little Red Book, is a prominent Chinese social networking and e-commerce platform founded in 2013 by Miranda Qu and Charlw *Founded* 2013 Shanghai, China **$318M** last round Jul 2024
- 4 [**Enovate** ENOVATE天际汽车 is a Chinese brand specializing in new energy vehicles, particularly electric cars.](https://millionrounds.com/company/enovate) ENOVATE天际汽车 is a Chinese brand specializing in new energy vehicles, particularly electric cars. *Founded* 2015 Shanghai, China **$304M** last round Jan 2020
- 5 [**Dianrong** Dianrong, headquartered in Shanghai, China, is a leading online marketplace lending and financial technology company, often referred to as the "Lending Club of](https://millionrounds.com/company/dianrong) Dianrong, headquartered in Shanghai, China, is a leading online marketplace lending and financial technology company, often referred to as the "Lending Club of *Founded* 2012 Shanghai, China **$290M** last round Jan 2018
- 6 [**InventisBio** InventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA.](https://millionrounds.com/company/inventisbio) InventisBio is a clinical-stage biopharmaceutical company based in Shanghai, China, with operations in New Jersey, USA. *Founded* 2013 Shanghai, China **$236M** last round Sept 2020
- 7 [**Medbanks** Medbanks develops customized medical service and health care based on self-built medical expert network and drugstore network, providing enterprises with a new](https://millionrounds.com/company/medbanks) Medbanks develops customized medical service and health care based on self-built medical expert network and drugstore network, providing enterprises with a new *Founded* 2014 Shanghai, China **$201M** last round Feb 2021
- 8 [**NeueHCT** neueHCT, formerly known as Zhijia Dalu and now branded as Zhijia Xincheng, is a global supplier of intelligent driving systems.](https://millionrounds.com/company/neuehct) neueHCT, formerly known as Zhijia Dalu and now branded as Zhijia Xincheng, is a global supplier of intelligent driving systems. *Founded* - Shanghai, China **$200M** last round Dec 2025
- 9 [**Harmay** HARMAY is a Chinese beauty and lifestyle retailer that combines an online and offline shopping experience.](https://millionrounds.com/company/harmay) HARMAY is a Chinese beauty and lifestyle retailer that combines an online and offline shopping experience. *Founded* 2008 Shanghai, China **$200M** last round Jan 2022
- 10 [**Zhenkunhang** Zhenkunhang is an E-commerce distribution platform that allows users to buy lubricants, adhesives, fasteners and industrial products.](https://millionrounds.com/company/zhenkunhang) Zhenkunhang is an E-commerce distribution platform that allows users to buy lubricants, adhesives, fasteners and industrial products. *Founded* 1996 Shanghai, China **$193M** last round Jun 2019
- 11 [**Jia.com** Jia.com is an information technology and services company based out of Jiading, Shanghai, China.](https://millionrounds.com/company/jia-com) Jia.com is an information technology and services company based out of Jiading, Shanghai, China. *Founded* 2007 Shanghai, China **$168M** last round Mar 2015
- 12 [**Aiwujiwu** 爱屋吉屋 is an internet-based real estate intermediary platform based in Shanghai, China.](https://millionrounds.com/company/aiwujiwu) 爱屋吉屋 is an internet-based real estate intermediary platform based in Shanghai, China. *Founded* 2014 Shanghai, China **$155M** last round May 2015
- 13 [**Transwarp** Transwarp Technology (Shanghai) Co., Ltd., also known as Transwarp, is a prominent Chinese provider of enterprise-grade AI infrastructure software and big data platforms.](https://millionrounds.com/company/transwarp) Transwarp Technology (Shanghai) Co., Ltd., also known as Transwarp, is a prominent Chinese provider of enterprise-grade AI infrastructure software and big data platforms. *Founded* 2013 Shanghai, China **$151M** last round Dec 2020
- 14 [**Peilian.com** Peilian is an online music education platform based in Shanghai.](https://millionrounds.com/company/peilian-com) Peilian is an online music education platform based in Shanghai. *Founded* 2014 Shanghai, China **$150M** last round Nov 2018
- 15 [**Aiways** AIWAYS is a manufacturer of smart electric car, based in Shanghai.](https://millionrounds.com/company/aiways) AIWAYS is a manufacturer of smart electric car, based in Shanghai. *Founded* 2017 Shanghai, China **$145M** last round May 2019
- 16 [**Haoqipei** Haoqipei is an online B2B marketplace that allows users to trade auto parts.](https://millionrounds.com/company/haoqipei) Haoqipei is an online B2B marketplace that allows users to trade auto parts. *Founded* 2016 Shanghai, China **$120M** last round Jun 2019
- 17 [**Elpiscience Biopharmaceuticals** Elpiscience Biopharmaceuticals is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017.](https://millionrounds.com/company/elpiscience-biopharmaceuticals) Elpiscience Biopharmaceuticals is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017. *Founded* 2017 Shanghai, China **$105M** last round May 2021
- 18 [**FineEx** FineEx is a domestic e-commerce warehouse integration services and provides a professional omnichannel logistics service platform.](https://millionrounds.com/company/fineex) FineEx is a domestic e-commerce warehouse integration services and provides a professional omnichannel logistics service platform. *Founded* 2006 Shanghai, China **$90M** last round May 2018
- 19 [**Yaoyanshe** Yaoyanshe is a clinical research technology company based in Shanghai, specializing in the pharmaceutical R&D ecosystem.](https://millionrounds.com/company/yaoyanshe) Yaoyanshe is a clinical research technology company based in Shanghai, specializing in the pharmaceutical R&D ecosystem. *Founded* 2015 Shanghai, China **$86M** last round Aug 2020
- 20 [**MAXIEYE** MAXIEYE Automotive Technology (Ningbo) Co., Ltd.](https://millionrounds.com/company/maxieye) MAXIEYE Automotive Technology (Ningbo) Co., Ltd. *Founded* 2016 Shanghai, China **$80M** last round Oct 2024
- 21 [**Taimei Medical Technology** Zhejiang Taimei Medical Technology Co., Ltd.](https://millionrounds.com/company/taimei-medical-technology) Zhejiang Taimei Medical Technology Co., Ltd. *Founded* 2013 Shanghai, China **$80M** last round Jan 2019
- 22 [**eCheng** ECheng is a big data-driven recruitment platform that provides HR matching and resume screening services for enterprises.](https://millionrounds.com/company/echeng) ECheng is a big data-driven recruitment platform that provides HR matching and resume screening services for enterprises. *Founded* 2013 Shanghai, China **$80M** last round Mar 2019
- 23 [**Zentera Therapeutics** Zentera Therapeutics, also known as 正腾康生物科技, is a clinical-stage biopharmaceutical company based in Shanghai, China.](https://millionrounds.com/company/zentera-therapeutics) Zentera Therapeutics, also known as 正腾康生物科技, is a clinical-stage biopharmaceutical company based in Shanghai, China. *Founded* 2020 Shanghai, China **$75M** last round Aug 2021
- 24 [**Xingbianli** Xingbianli is a cashier-free convenience store operator which offers snack bars for offices.](https://millionrounds.com/company/xingbianli) Xingbianli is a cashier-free convenience store operator which offers snack bars for offices. *Founded* 2017 Shanghai, China **$72M** last round Jun 2018
- 25 [**BUY QUICKLY** 百秋尚美 - BUY QUICKLY,专注国际时尚领域国内领军的数字化零售综合运营服务商](https://millionrounds.com/company/buy-quickly) 百秋尚美 - BUY QUICKLY,专注国际时尚领域国内领军的数字化零售综合运营服务商 *Founded* 2010 Shanghai, China **$71M** last round Dec 2019
- 26 [**NASN Automotive Electronics** NASN Automotive Electronics is a manufactures automotive electronics and driving related core technology products.](https://millionrounds.com/company/nasn-automotive-electronics) NASN Automotive Electronics is a manufactures automotive electronics and driving related core technology products. *Founded* 2001 Shanghai, China **$69M** last round Dec 2024
- 27 [**ThinkForce** Founded in 2017, ThinkForce is a AI chip high-tech startup based in Shanghai, China.](https://millionrounds.com/company/thinkforce) Founded in 2017, ThinkForce is a AI chip high-tech startup based in Shanghai, China. *Founded* 2017 Shanghai, China **$68M** last round Jan 2026
- 28 [**Abiochem Biotechnology** Abiochem Biotechnology is a genetic and enzyme engineering technology company.](https://millionrounds.com/company/abiochem-biotechnology) Abiochem Biotechnology is a genetic and enzyme engineering technology company. *Founded* 2015 Shanghai, China **$63M** last round Jul 2025
- 29 [**Alpha Biopharma** Alpha Biopharma is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017.](https://millionrounds.com/company/alpha-biopharma) Alpha Biopharma is a clinical-stage biopharmaceutical company based in Shanghai, China, founded in 2017. *Founded* 2017 Shanghai, China **$61M** last round Jun 2024
- 30 [**VelaVigo** VelaVigo is a biotech company that specializes in the discovery and development of multi-specific antibodies and antibody-drug conjugates (ADCs).](https://millionrounds.com/company/velavigo) VelaVigo is a biotech company that specializes in the discovery and development of multi-specific antibodies and antibody-drug conjugates (ADCs). *Founded* 2021 Shanghai, China **$60M** last round Jul 2025
- 31 [**Epigenic Therapeutics** Epigenic Therapeutics is a biotechnology company based in China, founded in 2021.](https://millionrounds.com/company/epigenic-therapeutics) Epigenic Therapeutics is a biotechnology company based in China, founded in 2021. *Founded* 2021 Shanghai, China **$60M** last round Sept 2025
- 32 [**Moretickets** MoreTickets - offers convenient, secure, and transparent way to buy & sell tickets in a trusted marketplace.](https://millionrounds.com/company/moretickets) MoreTickets - offers convenient, secure, and transparent way to buy & sell tickets in a trusted marketplace. *Founded* 2015 Shanghai, China **$60M** last round Jul 2018
- 33 [**Jinsheng Group** Jinsheng Group is a global industrial group founded in 2000 and based in Changzhou, Jiangsu, China.](https://millionrounds.com/company/jinsheng-group) Jinsheng Group is a global industrial group founded in 2000 and based in Changzhou, Jiangsu, China. *Founded* 2000 Shanghai, China **$60M** last round Feb 2007
- 34 [**Energy Singularity** Energy Singularity is a fusion energy company based in Shanghai, founded in 2021.](https://millionrounds.com/company/energy-singularity) Energy Singularity is a fusion energy company based in Shanghai, founded in 2021. *Founded* 2021 Shanghai, China **$58M** last round Apr 2023
- 35 [**NextVPU** NextVPU offers embedded AI solutions for most of the smart devices and applications.](https://millionrounds.com/company/nextvpu) NextVPU offers embedded AI solutions for most of the smart devices and applications. *Founded* - Shanghai, China **$57M** last round Dec 2023
- 36 [**Liking Fit** Liking Fit is a Chinese franchise smart gym operator.](https://millionrounds.com/company/liking-fit) Liking Fit is a Chinese franchise smart gym operator. *Founded* 2014 Shanghai, China **$54M** last round Jan 2018
- 37 [**BizArk** After our establishment, we quickly began to use the internet to facilitate cooperation with our overseas customers.](https://millionrounds.com/company/bizark) After our establishment, we quickly began to use the internet to facilitate cooperation with our overseas customers. *Founded* 2010 Shanghai, China **$50M** last round Aug 2010
- 38 [**Neukio Biotherapeutics** Neukio Biotherapeutics focuses on development of next generation allogenic cell therapies via the iPSC-CAR-NK axis, through internal discovery and external coll](https://millionrounds.com/company/neukio-biotherapeutics) Neukio Biotherapeutics focuses on development of next generation allogenic cell therapies via the iPSC-CAR-NK axis, through internal discovery and external coll *Founded* 2021 Shanghai, China **$50M** last round Sept 2022
- 39 [**Quyi Network** 趣医网(quyiyuan.com)是一家专注于推进移动互联网医疗服务模式创新的医疗互联网企业,已获得百度(BAIDU)、软银中国资本(SBCVC)、弘晖资本(HighLight Capital)等多家知名机构投资。公司倾力缔造互联网医疗平台"医院+",致力于构建可持续发展的互联网医疗生态圈。 "医院+"平台是趣医网的核](https://millionrounds.com/company/quyi-network) 趣医网(quyiyuan.com)是一家专注于推进移动互联网医疗服务模式创新的医疗互联网企业,已获得百度(BAIDU)、软银中国资本(SBCVC)、弘晖资本(HighLight Capital)等多家知名机构投资。公司倾力缔造互联网医疗平台"医院+",致力于构建可持续发展的互联网医疗生态圈。 "医院+"平台是趣医网的核 *Founded* 2014 Shanghai, China **$50M** last round Sept 2015
- 40 [**Hashgard** Hashgard is a financial services and blockchain company based in Shanghai, specializing in digital asset management and public-chain infrastructure.](https://millionrounds.com/company/hashgard) Hashgard is a financial services and blockchain company based in Shanghai, specializing in digital asset management and public-chain infrastructure. *Founded* 2017 Shanghai, China **$47M** last round May 2018
- 41 [**Allink Biotherapeutics** Founded in 2023 and based in Shanghai, China, Allink Biotherapeutics is a biotech company dedicated to expediting the development of a diverse pipeline of FIC/B](https://millionrounds.com/company/allink-biotherapeutics) Founded in 2023 and based in Shanghai, China, Allink Biotherapeutics is a biotech company dedicated to expediting the development of a diverse pipeline of FIC/B *Founded* 2023 Shanghai, China **$47M** last round Dec 2025
- 42 [**Touchmedia** Touchmedia is a leading in-taxi interactive media provider based in Shanghai, China.](https://millionrounds.com/company/touchmedia) Touchmedia is a leading in-taxi interactive media provider based in Shanghai, China. *Founded* 2003 Shanghai, China **$47M** last round Feb 2012
- 43 [**YolTech Therapeutics** YolTech Therapeutics is a clinical-stage biotechnology company based in Shanghai, China, founded in 2021.](https://millionrounds.com/company/yoltech-therapeutics) YolTech Therapeutics is a clinical-stage biotechnology company based in Shanghai, China, founded in 2021. *Founded* 2021 Shanghai, China **$42M** last round Sept 2025
- 44 [**Nanos Medical** Nanos Medical develops, manufactures and markets disposable medical devices.](https://millionrounds.com/company/nanos-medical) Nanos Medical develops, manufactures and markets disposable medical devices. *Founded* 2015 Shanghai, China **$41M** last round Feb 2025
- 45 [**Argo Biopharma** Argo Biopharma is a clinical-stage biotechnology company based in Shanghai, China, founded in 2021.](https://millionrounds.com/company/argo-biopharma) Argo Biopharma is a clinical-stage biotechnology company based in Shanghai, China, founded in 2021. *Founded* 2021 Shanghai, China **$41M** last round Nov 2023
- 46 [**Cyclone Robotics** Cyclone Robotics is a prominent provider of Robotic Process Automation (RPA) software and hyperautomation solutions, founded in 2015 and based in Shanghai, China.](https://millionrounds.com/company/cyclone-robotics) Cyclone Robotics is a prominent provider of Robotic Process Automation (RPA) software and hyperautomation solutions, founded in 2015 and based in Shanghai, China. *Founded* 2015 Shanghai, China **$40M** last round Aug 2023
- 47 [**Tigerobo** Tigerobo is an artificial intelligence company based in Shanghai, founded in 2017.](https://millionrounds.com/company/tigerobo) Tigerobo is an artificial intelligence company based in Shanghai, founded in 2017. *Founded* 2017 Shanghai, China **$33M** last round Mar 2019
- 48 [**Brite Semiconductor** Brite Semiconductor (Shanghai) Co., Ltd., also known as BriteSemi, is a prominent fabless semiconductor company based in Shanghai, China.](https://millionrounds.com/company/brite-semiconductor) Brite Semiconductor (Shanghai) Co., Ltd., also known as BriteSemi, is a prominent fabless semiconductor company based in Shanghai, China. *Founded* 2008 Shanghai, China **$31M** last round Mar 2015
- 49 [**Choiceform** Choiceform seamlessly integrates customer, employee, brand, and product experiences into profound strategic insights, empowering enterprises to precisely antici](https://millionrounds.com/company/choiceform) Choiceform seamlessly integrates customer, employee, brand, and product experiences into profound strategic insights, empowering enterprises to precisely antici *Founded* 2015 Shanghai, China **$30M** last round Dec 2021
- 50 [**TMiRob** A medical robot developer that works with hospitals and clinics to develop medical robots to improve the work efficiency of medical workers.](https://millionrounds.com/company/tmirob) A medical robot developer that works with hospitals and clinics to develop medical robots to improve the work efficiency of medical workers. *Founded* 2015 Shanghai, China **$30M** last round Mar 2019

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Every startup we hold in Shanghai, ranked by the total it has raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back startups in Shanghai in the app, with filters, lists and exports.

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## More startup lists

[See all](https://millionrounds.com/top-lists?t=All%20startups)

[*O* *A* *X* **Startups in the United States** 42,176 companies · $870B](https://millionrounds.com/top-lists/startups-united-states)[*SC* *N* *F* **Startups in the United Kingdom** 8,355 companies · $79B](https://millionrounds.com/top-lists/startups-united-kingdom)[*O* *D* *TM* **Startups in San Francisco** 4,251 companies · $350B](https://millionrounds.com/top-lists/startups-san-francisco)[*W* *K* *P* **Startups in New York** 3,729 companies · $67B](https://millionrounds.com/top-lists/startups-new-york)[*F* *IL* *PD* **Startups in London** 3,521 companies · $51B](https://millionrounds.com/top-lists/startups-london)[*MA* *M* *TE* **Startups in France** 3,025 companies · $32B](https://millionrounds.com/top-lists/startups-france)[*C* *H8* *AP* **Startups in Canada** 2,950 companies · $38B](https://millionrounds.com/top-lists/startups-canada)[*B* *D* *AF* **Startups in China** 2,168 companies · $163B](https://millionrounds.com/top-lists/startups-china)

## More lists for Shanghai

[See all](https://millionrounds.com/top-lists?r=Shanghai)

[*I* *M* *TM* **Biotech startups in Shanghai** 14 companies · $921M](https://millionrounds.com/top-lists/biotech-startups-shanghai)[*B* *N* *J* **IT Services startups in Shanghai** 14 companies · $1.1B](https://millionrounds.com/top-lists/it-services-startups-shanghai)[*I* *M* *TM* **Healthcare startups in Shanghai** 12 companies · $800M](https://millionrounds.com/top-lists/healthcare-startups-shanghai)