StartupBlink

1582 Top startups in Shanghai for July 2026

We rank UNISOC, ThePaper.cn and Xtransfer in Shanghai along with 1579 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Shanghai startup ecosystem ranks #8 globally and #2 in China.

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Top Unicorn Startups in Shanghai for 2026

Thirty one startups have achieved unicorn status by exceeding USD 1 billion in valuation. Collectively, the top three unicorns in Shanghai have raised more than USD 32.4B.
SB Score:796

Xiaohongshu (Little Red Book) is a popular social media and e-commerce platform in China that combines lifestyle content with user reviews and shopping. It offers a unique blend of shopping inspiration and community-driven recommendations for users.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:667

Ximalaya FM is a leading Chinese podcast platform valued at $3.5B. Despite intense competition, the company has carved out a successful niche in the industry. Engage with a variety of podcasts and content on this popular platform.

Industry:
Software & Data
Subindustry:
Apps

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Huaqin Telecom Technology ranks first in the smartphone and tablet ODM industry globally whose main business covers smartphones, tablets, notebooks, servers, and IoT products. Moreover, Huaqin is a Google ODM partner to provide a way for a brand company to build AndroidTM devices with Google Mobile Services which the Android team at Google certifies to ensure they are secure and ready to run apps from Google and Google Play Store. HQ focuses on the design, development, and production of phones, tablets, and other products, providing competitive products for their customers. Its products are exported to more than 100 countries and regions, covering Asia, Africa, Latin America, Europe, and other areas. By 2015, HQ accumulatively shipped more than 200 million mobile phones. The annual shipment of tablets reached more than 5 million units. And HQ can provide leading 4G products. HQ adheres to the concept of “Integrity, Diligence, Focus, Innovation” and dedicates to providing more advanced and competitive products to create a prosperous sustainable development future.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

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Total amount:31

Best Startups in Shanghai for 2026

SB Score:640

UNISOC is a fabless semiconductor company committed to the independent R&D of core chipsets in mobile communications and IoT. Their products cover mobile chipset platforms supporting 2G / 3G / 4G communication standards, RF chipsets, wireless connection chipsets, security chipsets, TV chipsets, and image sensor chipsets. With more than 4,500 staff, 14 R&D centers and 7 customer support centers around the world(as of Jan 2018), UNISOC has been the top 3 mobile baseband chipsets supplier in terms of global market share, and the largest pan-chip supplier in China.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

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SB Score:634

ThePaper.cn, an online media start-up backed by the Shanghai United Media Group .ThePaper.cn, which was created as a new media start-up under Dongfang Daily, has also launched two new units: an online video platform and an English language online publication Sixth Tone.

Industry:
Social & Leisure
Subindustry:
Digital Media

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SB Score:606

XTransfer is a one-stop financial and risk management service provider committed to making cross-border payment effortless and cost-effective for SME traders. It connects large financial institutions with SMEs worldwide through technology so that SMEs may enjoy the same level of financial services as multinational groups.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:603

ROX Motor specializes in crafting off-road new energy vehicles, focusing on innovative smart car technologies. The company is dedicated to advancing research and development in new energy power, intelligent cockpits, and autonomous driving, delivering exciting solutions for adventurous drivers seeking cutting-edge vehicle performance.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

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SB Score:598

Mabang Technology is a company that specializes in full-process cross-border e-commerce ERP management software solutions. It includes professional ERP, Amazon-specific ERP, Southeast Asia overseas ERP, WMS, cloud warehouse, TMS, cross-border distribution, SCM, and other product modules aimed at serving cross-border e-commerce practitioners at various stages and fields. Foreign sellers create digital technology infrastructure, reengineer processes, reduce costs, and increase efficiency. It primarily offers services to cross-border overseas sellers such as store opening, product selection development, order management, warehousing and logistics, supply chain, finance, and sales channel expansion.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:574

Hozon integrates hardware products and software services through innovative technology research and development, intelligent manufacturing, and multi-channel sales services. Through the development of electricity, intelligence, and connectivity, they are committed to creating cost-effective Intelligent electric vehicles of high quality, providing users with a simple, intuitive, and comfortable travel experience.

Industry:
Transportation
Subindustry:
Automotive

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7th

Soul
SB Score:568

Launched in 2016, Soul App is now one of the leading social networking applications in China. With a robust user base among Chinese Gen Z, Soul was designed to empower self-value expression and foster genuine relationships based on interest graphs and AI algorithms. Soul aspires to build a virtual social playground for its users to socialize, connect and maintain relationships free from the geographic and social constraints. Soul is the first social networking platform in China that requires all users to interact through avatars, and has a unique business model driven by the integration of intensive user interactions and an engaging community. Soul distinguishes itself from other peers with focus on virtual identities, open-ended relationships based on interest graphs, extensive user generated content (UGC), decentralized content distribution and its proprietary technologies. Nowadays, Soul pioneers in embracing the AI technologies in the social networking industry to meet the evolving social demand from the younger generation. In 2020, Soul kicked off its AIGC technology R&D. In 2023, Soul launched a proprietary large language model (LLM), Soul X, and has seamlessly embedded AI capabilities across use cases on its platform, which epitomizes Soul's product philosophy of the “Synergic Model-application Interplay”.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:564

Zhihuishu.com offers a credit course operation service platform that assists member colleges and universities in realizing cross-university course sharing and mutual credit recognition, as well as complete cross-university course selection. With the Zhihuishu.com platform and a three-in-one business model, it assists colleges and universities in completing the introduction of high-quality courses and the implementation of supporting services.

Industry:
Edtech
Subindustry:
Education-Other

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SB Score:560

Zhiji Automobile specializes in the fields of developing and manufacturing electric vehicles. Zhiji Automobile is jointly created by SAIC Group and Alibaba Group. The company was founded in 2020 and is headquartered in Shanghai, China.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

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China UnionPay Merchant Services engages in nationwide payment services for China UnionPay-labeled cards. It provides financial services to clients such as cardholders and companies, particularly in payments. China UnionPay Merchant Services began operation in 2002, with its headquarters in Shanghai in China. China UnionPay Merchant Services operates as a subsidiary of China UnionPay.

Industry:
Fintech
Subindustry:
Online Banking

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Total amount:1582

Top 228 Hardware & IoT Startups in Shanghai for 2026

The top three Hardware & IoT startups in Shanghai have raised more than USD 6.23B. Shanghai startup ecosystem ranks among the top 10 locations in the world for startups in Hardware & IoT, holding the 6th position.
SB Score:640

UNISOC is a fabless semiconductor company committed to the independent R&D of core chipsets in mobile communications and IoT. Their products cover mobile chipset platforms supporting 2G / 3G / 4G communication standards, RF chipsets, wireless connection chipsets, security chipsets, TV chipsets, and image sensor chipsets. With more than 4,500 staff, 14 R&D centers and 7 customer support centers around the world(as of Jan 2018), UNISOC has been the top 3 mobile baseband chipsets supplier in terms of global market share, and the largest pan-chip supplier in China.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

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SB Score:603

ROX Motor specializes in crafting off-road new energy vehicles, focusing on innovative smart car technologies. The company is dedicated to advancing research and development in new energy power, intelligent cockpits, and autonomous driving, delivering exciting solutions for adventurous drivers seeking cutting-edge vehicle performance.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

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Total amount:228

Top 248 Healthtech Startups in Shanghai for 2026

The top three Healthtech startups in Shanghai have raised more than USD 1.16B. Shanghai startup ecosystem ranks among the top 10 locations in the world for startups in Healthtech, holding the 6th position.
SB Score:543

MedSci provides strategies, solutions and services to pharmaceutical, biotech and medical device organization and the consumer healthcare industry

Industry:
Healthtech
Subindustry:
Health Care

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SB Score:542

Yiyao is also knwon as 111.com.cn. Yiyao is an online drug superstore where patients can buy over-the-counter medications, traditional Chinese remedies, and a variety of other health products including everything from sex toys to diet pills. 111.com.cn operates as an online portal for selling pharmaceutical products.

Industry:
Healthtech
Subindustry:
Pharmaceuticals

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SB Score:514

Mabwell Biotech is a Chinese innovative biopharmaceutical company based in Shanghai Zhangjiang Hi-Tech Park. Since its establishment in 2017, it has absorbed and newly established nine biopharmaceutical R&D and production enterprises. At present, the company focuses on the development and manufacturing of macromolecular drugs such as therapeutic monoclonal antibodies and long-acting recombinant proteins. There are more than thirty varieties of drugs at different stages of development covering tumor, autoimmunity, anti-infection and ophthalmic diseases. Among them, six of them have entered the clinical stage, and three of them are in Phase III clinical trials.

Industry:
Healthtech
Subindustry:
Biotechnology

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Total amount:248

Top 131 Ecommerce & Retail Startups in Shanghai for 2026

The top three Ecommerce & Retail startups in Shanghai have raised more than USD 1.16B. Shanghai startup ecosystem ranks #13 globally for the Ecommerce & Retail industry.
SB Score:485

ICkey is an internet company that provides digital and information data services to the domestic electronics manufacturing supply chain. It focuses on providing full-process, one-stop supply chain services for electronic product manufacturing companies, such as product technology solution development, electronic component procurement, and PCBA engineering. The platform's upstream connects over a thousand electronic component suppliers, and dozens of downstream services Wanjia industry registered users have a large data platform for electronic components with extensive application value in the electronics industry, providing industry partners with electronic component product information databases, component transaction information databases, production process optimization databases, domestic electronic components applicability databases, and domestic electronic components applicability databases.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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2nd

D1M
SB Score:483

D1M is a digital retail service provider for global brand owners. They provide digital retail services that include go-to-market consulting, e-commerce IT setup, digital marketing, multi-platform e-store operation, omni-channel CRM integration, logistic planning, and warehouse operation. The company's qualified and multilingual workforce works to enable brand owners to complete their worldwide digital retail footprints.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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3rd

Ehsy
SB Score:479

Ehsy is an e-commerce platform that specializes in digital procurement solutions. It improves service capabilities in all aspects by developing the core competitiveness of "five networks—digital network, product network, logistics network, service network, and talent network. The platform helps customers realize digital procurement and management of MRO non-production materials, shortens supply chain delivery time, ensures genuine licensed products, and reduces procurement costs. Ehsy has provided professional and high-quality MRO digital procurement to over 30,000 domestic and international companies, including 80% of state-owned enterprises and 60% of the world's top 500.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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Total amount:131

Most Funded Startups in Shanghai for 2026

The top three most funded startups in Shanghai have raised total funding of more than USD 8.34B. Hozon has 0.64% more funding than Sunwoda Electric Vehicle Battery.
SB Score:574

Hozon integrates hardware products and software services through innovative technology research and development, intelligent manufacturing, and multi-channel sales services. Through the development of electricity, intelligence, and connectivity, they are committed to creating cost-effective Intelligent electric vehicles of high quality, providing users with a simple, intuitive, and comfortable travel experience.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Shanghai)

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Sunwoda Electric Vehicle Batter provides electric vehicle battery pack solutions for new energy vehicle companies through advanced lithium battery integration technology. They built the BMS with independent intellectual property rights by dedicating their entire ability to the R&D and manufacturing of electric car battery systems, and they also built up automatic production lines for cell sorting, modules, and battery packs.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

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SB Score:640

UNISOC is a fabless semiconductor company committed to the independent R&D of core chipsets in mobile communications and IoT. Their products cover mobile chipset platforms supporting 2G / 3G / 4G communication standards, RF chipsets, wireless connection chipsets, security chipsets, TV chipsets, and image sensor chipsets. With more than 4,500 staff, 14 R&D centers and 7 customer support centers around the world(as of Jan 2018), UNISOC has been the top 3 mobile baseband chipsets supplier in terms of global market share, and the largest pan-chip supplier in China.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

City Rank (Shanghai)

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Total amount:1582

Top Hiring Startups in Shanghai by Employee Number

The top three hiring startups in Shanghai have an median employee size that is between [10001+]
SB Score:603

ROX Motor specializes in crafting off-road new energy vehicles, focusing on innovative smart car technologies. The company is dedicated to advancing research and development in new energy power, intelligent cockpits, and autonomous driving, delivering exciting solutions for adventurous drivers seeking cutting-edge vehicle performance.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Shanghai)

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Sunwoda Electric Vehicle Batter provides electric vehicle battery pack solutions for new energy vehicle companies through advanced lithium battery integration technology. They built the BMS with independent intellectual property rights by dedicating their entire ability to the R&D and manufacturing of electric car battery systems, and they also built up automatic production lines for cell sorting, modules, and battery packs.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

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SB Score:538

Longcheer provides design solutions for mobile telecommunications devices. It offers hardware, software, and system testing and exterior design solutions. The company also manufactures, sells, and trades in mobile handsets, mobile handset printed circuits, data products, and related materials. The company is also involved in property investment activities. Longcheer Holdings Limited was founded in 2002 and is based in Shanghai, China.

Industry:
Software & Data
Subindustry:
Comtech

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Total amount:1582

Explore the Startup Ecosystem of Shanghai

National Rank

(China)

2nd

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Regional Rank

(East Asia)

2nd

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Global Rank

(WorldWide)

8th

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