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Top 43 Startups in Jiangsu in 2024

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There’s no doubt that the startup scene in Jiangsu is unique.

The city has created dozens of successful startups, over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Jiangsu, here’s an extensive list of 43 startups founded there.


43 Startups in Jiangsu

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1) Shein

Shein

Shein works in the women's clothing industry.

Details of the startup:

  • Started in: 2008
  • Founders: Xiaoqing Ren, Yang Pei, Yangtian Xu
  • Industries: Consumer, Fashion, Textiles
  • Number of employees: 1001-5000
  • Funding: $53,426,604
  • Funding rounds: 2
  • Number of investors: 3 (IDG Capital, JAFCO Asia, Greenwoods Asset Management)

You can find their website here.

2) BYTON

BYTON

BYTON is an electric vehicle manufacturer that creates vehicles that are completely connected smart devices on wheels.

Details of the startup:

  • Started in: 2016
  • Founders: Carsten Breitfeld, Daniel Kirchert
  • Industries: Automotive, Autonomous Vehicles, Electric Vehicle
  • Number of employees: 1001-5000
  • Funding: $1,200,000,000
  • Funding rounds: 5
  • Number of investors: 9 (Tencent, Foxconn Technology Group, Suning.com, Contemporary Amperex Technology, Marubeni)

You can find their website here.

3) Yunxuetang

Yunxuetang

Yunxuetang is a corporate training platform with a wide range of features.

Details of the startup:

  • Started in: 2011
  • Founders: Jane Ding, Ruize Lu
  • Industries: Corporate Training, Professional Services, Software
  • Number of employees: 501-1000
  • Funding: $389,035,685
  • Funding rounds: 8
  • Number of investors: 12 (Tencent, Sequoia Capital, Matrix Partners China, Ximalaya FM, YF Capital)

You can find their website here.

4) Huitongda

Huitongda

Huitongda is a Chinese logistics service provider that specializes in the supply chain management of home appliances for the township market.

Details of the startup:

  • Started in: 2010
  • Founders: Xiuxian Xu
  • Industries: E-Commerce, Logistics, Retail, Supply Chain Management
  • Number of employees: 11-50
  • Funding: CN¥6,300,000,000
  • Funding rounds: 5
  • Number of investors: 8 (Alibaba Group, Xiaomi, China Merchants Bank, New Horizon Capital, Addor Capital)

You can find their website here.

5) IntoCare

IntoCare

IntoCare is a high-tech company that focuses on surgical supplies.

Details of the startup:

  • Started in: 2015
  • Industries: Health Care, Medical, Medical Device
  • Number of employees: 11-50
  • Funding: $56,712,780
  • Funding rounds: 5
  • Number of investors: 4 (Qiming Venture Partners, Oriza Holdings, BioVenture, Oriza Fund of Funds)

You can find their website here.

6) Ascentage Pharma

Ascentage Pharma

Ascentage Pharma is a clinical-stage biopharmaceutical business with a global focus.

Details of the startup:

  • Started in: 2009
  • Founders: Dajun Yang, Ming Guo
  • Industries: Biopharma, Biotechnology, Medical, Pharmaceutical
  • Number of employees: 101-250
  • Funding: $237,486,985
  • Funding rounds: 3
  • Number of investors: 13 (Oriza Holdings, ArrowMark Partners, BioVenture, State Development & Investment Corporation (SDIC), Oriza Seed Capital (Oriza Yuandian))

You can find their website here.

7) Iluvatar CoreX

Iluvatar CoreX

Iluvatar CoreX is a high-performance computing solution provider that includes a System-on-a-Chip (SoC) hardware and software platform.

Details of the startup:

  • Started in: 2015
  • Founders: Yunpeng Li
  • Industries: Artificial Intelligence, Cloud Computing, Information Services, Information Technology, Software
  • Number of employees: 101-250
  • Funding: $185,591,883
  • Funding rounds: 2
  • Number of investors: 5 (Princeville Capital, Centurium Capital, Cedarlake Capital, Bangsheng Capital, Guangzhou Yue Min Investment)

You can find their website here.

8) EAVISION

EAVISION

EAVISION is a manufacturer of intelligent gear.

Details of the startup:

  • Started in: 2016
  • Founders: Wang Xinyu, Xuesong Dong
  • Industries: Agriculture, Artificial Intelligence, Drones, Hardware
  • Number of employees: 51-100
  • Funding: $40,614,526
  • Funding rounds: 4
  • Number of investors: 11 (Temasek Holdings, Pagoda, BASF, Oriza Holdings, Continental Grain Company)

You can find their website here.

9) CalmCar Vision System

CalmCar Vision System

CalmCar is a deep learning-based embedded system that can recognize and localize complicated road data.

Details of the startup:

  • Started in: 2016
  • Founders: Xi Wang
  • Industries: Autonomous Vehicles, Computer Vision, Machine Learning
  • Number of employees: 1-10
  • Funding: $18,712,334
  • Funding rounds: 3
  • Number of investors: 3 (SAIC Capital, Shenzhen Guozhong Venture Capital Management, Unicom Venture Capital)

You can find their website here.

10) Carzone

Carzone

Carzone is an auto parts e-commerce marketplace.

Details of the startup:

  • Started in: 1995
  • Industries: Automotive, E-Commerce
  • Number of employees: 5001-10000
  • Funding: $133,933,098
  • Funding rounds: 5
  • Number of investors: 5 (Goldman Sachs, Warburg Pincus, Co-Stone Venture Capital, CICC Alpha, Fude Capital)

You can find their website here.

11) RecBio

RecBio

Concentrating on significant new vaccinations with their own intellectual property rights.

Details of the startup:

  • Started in: 2012
  • Industries: Biotechnology, Health Care, Life Science
  • Funding: CN¥1,000,000,000
  • Funding rounds: 1
  • Number of investors: 7 (Sequoia Capital China, Temasek Holdings, Legend Capital, Boyu Capital, LYFE Capital)

You can find their website here.

12) Tongcheng Shenghuo

Tongcheng Shenghuo

Tongcheng Shenghuo is a platform for community O2O group purchases.

Details of the startup:

  • Started in: 2018
  • Industries: Consumer, E-Commerce, Food and Beverage
  • Number of employees: 11-50
  • Funding: $305,781,754
  • Funding rounds: 7
  • Number of investors: 13 (Tencent, JOYY, ZhenFund, Legend Capital, GSR Ventures)

You can find their website here.

13) GaiaWorks

GaiaWorks

GaiaWorks is a company that creates workforce management software.

Details of the startup:

  • Started in: 2009
  • Founders: Alex Zhang, Simpson Zhang, Steven Wei
  • Industries: Electronics, Information Technology, Software, Virtual Workforce
  • Number of employees: 101-250
  • Funding: $147,181,163
  • Funding rounds: 5
  • Number of investors: 8 (Tencent, GGV Capital, Tiger Global Management, Matrix Partners China, Matrix Partners)

You can find their website here.

14) O'Pay Electronic Payment

O'Pay Electronic Payment

O'Pay Electronic Payment is a payment app for mobile phones.

Details of the startup:

  • Started in: 2011
  • Industries: Mobile Payments
  • Number of employees: 101-250
  • Funding: $30,000,000
  • Funding rounds: 1
  • Number of investors: 5 (Meituan, Sequoia Capital China, IDG Capital, ZhenFund, GSR Ventures)

You can find their website here.

15) YOHO

YOHO

For fashionable brands and resources, YOHO.CN offers integrated various cross-media communication services.

Details of the startup:

  • Started in: 2005
  • Founders: Liang Chao
  • Industries: Internet, Shopping
  • Number of employees: 501-1000
  • Funding: $165,000,000
  • Funding rounds: 7
  • Number of investors: 8 (Vertex Ventures, SAIF Partners, CDH Investments, Fortune Venture Capital, CMC Capital Group)

You can find their website here.

16) Suzhou Kintor Pharmaceuticals

Suzhou Kintor Pharmaceuticals

Kintor is a pharmaceutical research and development firm.

Details of the startup:

  • Started in: 2009
  • Founders: Chuangxin Guo, Youzhi Tong
  • Industries: Biopharma, Biotechnology, Health Care, Life Science, Pharmaceutical
  • Number of employees: 11-50
  • Funding: $99,000,000
  • Funding rounds: 3
  • Number of investors: 8 (Green Pine Capital Partners, Oriza Holdings, Highlight Capital, CCB International, Broad Resources)

You can find their website here.

17) Bioheng

Bioheng

Bioheng is a high-tech research and development firm.

Details of the startup:

  • Started in: 2017
  • Industries: Biopharma, Biotechnology, Clinical Trials, Innovation Management
  • Number of employees: 1-10
  • Funding: $94,766,250
  • Funding rounds: 2
  • Number of investors: 7 (GL Ventures, Shenzhen Capital Group, BlueRun Ventures, Hillhouse Capital Group, Decheng Capital)

You can find their website here.

18) POWER BANK

POWER BANK

POWER BANK is an IoT business committed on resolving the issue of mobile phone battery drain.

Details of the startup:

  • Started in: 2017
  • Industries: Electronics, Internet of Things, Mobile
  • Number of employees: 11-50
  • Funding: CN¥310,000,000
  • Funding rounds: 2
  • Number of investors: 1 (Yancheng Zhengfu Touzi Jijin)

You can find their website here.

19) Snack Is Busy

Snack Is Busy

Brand name for a Chinese snack chain.

Details of the startup:

  • Started in: 2016
  • Industries: Food and Beverage, Food Delivery
  • Funding: CN¥240,000,000
  • Funding rounds: 1
  • Number of investors: 3 (Sequoia Capital China, Gaorong Capital, GenBridge Capital)

You can find their website here.

20) Jianan Nongmu

Jianan Nongmu

Jianan Nongmu specializes in agriculture and animal husbandry logistics and distribution.

Details of the startup:

  • Started in: 2010
  • Industries: Agriculture, Logistics, Supply Chain Management
  • Number of employees: 101-250
  • Funding: $44,977,459
  • Funding rounds: 3
  • Number of investors: 5 (Fortune Venture Capital, Orchid Asia Group Management, Fortune Capital, SDIC Fund Management, Gongyinglian Chanye Fazhan Jijin)

You can find their website here.

21) Saturnbird Coffee

Saturnbird Coffee

Saturnbird Coffee is a brand of ground coffee.

Details of the startup:

  • Started in: 2011
  • Industries: Coffee
  • Number of employees: 1-10
  • Funding: $16,108,518
  • Funding rounds: 3
  • Number of investors: 3 (Sequoia Capital China, FREES FUND, Tiantu Capital)

You can find their website here.

22) Vazyme Biotech

Vazyme Biotech

Vazyme Biotech focuses on the research and development of enzymes and antibodies.

Details of the startup:

  • Started in: 2012
  • Industries: Biotechnology, Life Science
  • Number of employees: 1-10
  • Funding: $78,000,000
  • Funding rounds: 1
  • Number of investors: 1 (China Life Insurance)

You can find their website here.

23) Phylion Battery

Phylion Battery

Phylion Battery is a lithium-ion battery producer for electric vehicles.

Details of the startup:

  • Started in: 2003
  • Founders: Liquan Chen
  • Industries: Battery, Electric Vehicle, Manufacturing
  • Number of employees: 501-1000
  • Funding: $200,216,428
  • Funding rounds: 3
  • Number of investors: 7 (Yingke Capital, Legend Holdings, CCB International, PCCW, Boxin Capital)

You can find their website here.

24) Black Fish

Black Fish

Black Fish is a consumer finance platform that provides services such as personal loans, installment loans, and asset management.

Details of the startup:

  • Started in: 2017
  • Industries: Consumer, Credit, Financial Services, FinTech, Payments
  • Number of employees: 251-500
  • Funding: $195,000,000
  • Funding rounds: 2
  • Number of investors: 10 (Gobi Partners, JAFCO Asia, Rakuten Capital, 5Y Capital, China Growth Capital | CGC)

You can find their website here.

25) Singleron Biotechnologies

Singleron Biotechnologies

Singleron Biotechnologies is a molecular diagnostics company that is cutting-edge.

Details of the startup:

  • Started in: 2018
  • Industries: Biotechnology
  • Number of employees: 101-250
  • Funding: $44,594,492
  • Funding rounds: 2
  • Number of investors: 8 (Tencent, ARCH Venture Partners, Lilly Asia Ventures, CDH Investments, FREES FUND)

You can find their website here.

26) Norman Biological Technology

Norman Biological Technology

Norman Biological Technology is an automated chemiluminescence system manufacturer.

Details of the startup:

  • Started in: 2008
  • Industries: Manufacturing, Medical Device
  • Number of employees: 251-500
  • Funding: CN¥33,000,000
  • Funding rounds: 3
  • Number of investors: 3 (Ruiming Chuangtou, Yunsheng Touzi, Nanjing Xinyuansu Chuangye Touzi)

You can find their website here.

27) IASO Biotherapeutics

IASO Biotherapeutics

IASO Biotherapeutics is a biopharmaceutical business specializing in the development of oncology cell treatments.

Details of the startup:

  • Started in: 2017
  • Industries: Biotechnology, Pharmaceutical
  • Number of employees: 11-50
  • Funding: $60,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Hillhouse Capital Group)

You can find their website here.

28) Innolight

Innolight

InnoLight Technology is a prominent high-speed optical transceiver supplier in China, specializing in research, design, manufacturing, and distribution.

Details of the startup:

  • Started in: 2008
  • Founders: Sheng Liu
  • Industries: Cloud Computing, Market Research
  • Number of employees: 11-50
  • Funding: $39,000,000
  • Funding rounds: 4
  • Number of investors: 6 (CapitalG, The Jordan Company, Lightspeed China Partners, Majuven, China Singapore Suzhou Industrial Park Ventures)

You can find their website here.

29) Zimi

Zimi

Zimi is a Chinese company that makes portable battery chargers. Xiaomi's ecosystem includes Zimi.

Details of the startup:

  • Started in: 2013
  • Industries: Mobile, Mobile Devices
  • Number of employees: 51-100
  • Funding: $117,840,000
  • Funding rounds: 3
  • Number of investors: 3 (GGV Capital, Xiaomi, Shunwei Capital)

You can find their website here.

30) Yunzhangfang

Yunzhangfang

Finance and tax management software from Yunzhangfang is designed to provide integrated and automated finance and tax administration capabilities.

Details of the startup:

  • Started in: 2015
  • Founders: Fischer Lan, Xinghua Xue
  • Industries: Advice, Finance, FinTech, SaaS, Sales Automation, Software
  • Number of employees: 11-50
  • Funding: $144,249,572
  • Funding rounds: 5
  • Number of investors: 5 (Vitruvian Partners, Hillhouse Capital Group, Zhonglu Capital, Shanghai Liuhe Capital, Archipelago Advisa Investment)

You can find their website here.

31) Meipian

Meipian

Meipian is a Chinese social media platform that allows authors and editors to produce and enhance photographs and posts.

Details of the startup:

  • Started in: 2015
  • Founders: Tang Qi
  • Industries: Internet, Mobile, Social Media
  • Number of employees: 11-50
  • Funding: $27,131,301
  • Funding rounds: 5
  • Number of investors: 3 (Matrix Partners China, ZhenFund, Xiamen C&D Corporation)

You can find their website here.

32) GemPharmatech

GemPharmatech

GemPharmatech is a company that specializes in biotechnology.

Details of the startup:

  • Started in: 2017
  • Industries: Biotechnology, Health Care, Pharmaceutical
  • Number of employees: 11-50
  • Funding: CN¥160,000,000
  • Funding rounds: 1
  • Number of investors: 2 (CDH Investments, Sinopharm Holding)

You can find their website here.

33) T3 Mobile Travel Services

T3 Mobile Travel Services

T3 Mobile Travel Services provides renewable energy-powered car-sharing services.

Details of the startup:

  • Started in: 2019
  • Industries: Public Transportation, Renewable Energy, Ride Sharing
  • Number of employees: 251-500
  • Funding: CN¥9,760,000,000
  • Funding rounds: 1
  • Number of investors: 6 (Tencent, Alibaba Group, FAW Group, Changan Automobile, Dongfeng Motor Group)

You can find their website here.

34) Che300

Che300

Che300 is a platform for used car appraisals and transactions.

Details of the startup:

  • Started in: 2014
  • Founders: Wei Xu
  • Industries: Automotive, Car Sharing, E-Commerce
  • Number of employees: 51-100
  • Funding: $119,654,449
  • Funding rounds: 5
  • Number of investors: 4 (Sequoia Capital, Source Code Capital, SAIC Motor, N5Capital)

You can find their website here.

35) IMPACT Therapeutics

IMPACT Therapeutics

The company IMPACT Therapeutics is based in China.

Details of the startup:

  • Started in: 2009
  • Industries: Biotechnology, Pharmaceutical, Therapeutics
  • Number of employees: 11-50
  • Funding: $90,000,000
  • Funding rounds: 4
  • Number of investors: 14 (Lilly Asia Ventures, Decheng Capital, BioVenture, WuXi Healthcare Ventures, Shanghai Junshi Biosciences)

You can find their website here.

36) Spacety

Spacety

Spacety is a commercial microsatellite company that provides spacecraft scientific and technology validation tests.

Details of the startup:

  • Started in: 2016
  • Founders: Justin Yang, Weijia Ren
  • Industries: Aerospace, Space Travel
  • Number of employees: 11-50
  • Funding: $36,679,947
  • Funding rounds: 3
  • Number of investors: 9 (Matrix Partners China, Legend Capital, SAIF Partners, Northern Light Venture Capital, K2VC)

You can find their website here.

37) Aijia Home Furnishing Products

Aijia Home Furnishing Products

Aijia Home Furnishing Products is a website that sells home furnishings.

Details of the startup:

  • Started in: 2015
  • Founders: Chen Jun
  • Industries: E-Commerce, Furniture
  • Number of employees: 11-50
  • Funding: $145,725,988
  • Funding rounds: 2
  • Number of investors: 3 (Fortune Capital, Tiantu Capital, Zhisland Capital)

You can find their website here.

38) ELEX

ELEX

ELEX is a product and solution provider specializing in network information security.

Details of the startup:

  • Started in: 2009
  • Industries: Information Technology, Security
  • Number of employees: 11-50
  • Funding: CN¥192,400,000
  • Funding rounds: 3
  • Number of investors: 11 (Fortune Venture Capital, Zero2IPO, China Baoan Group, Zhongke Kechuang, Boxin Investment)

You can find their website here.

39) Zhongneng United

Zhongneng United

Zhongneng United is a business-to-business (B2B) company that designs and rents engineering equipment for aerial operations.

Details of the startup:

  • Started in: 2016
  • Founders: Weihua Fang
  • Industries: B2B, Construction, Enterprise
  • Number of employees: 101-250
  • Funding: $225,794,071
  • Funding rounds: 5
  • Number of investors: 7 (Source Code Capital, Industrial and Commercial Bank of China, China Merchants Bank, Buhuo Ventures, Bank Of Jiangsu)

You can find their website here.

40) Vedeng

Vedeng

Vedeng is a Chinese e-commerce marketplace for medical equipment.

Details of the startup:

  • Started in: 2012
  • Industries: E-Commerce, Health Care, Hospital, Medical
  • Number of employees: 251-500
  • Funding: $29,736,491
  • Funding rounds: 2
  • Number of investors: 3 (Sinovation Ventures, Oriental Fortune Capital, Marathon Venture Partners)

You can find their website here.

41) Porton Biologics

Porton Biologics

Porton Biologics provides innovators with end-to-end gene/therapy CDMO services, from early stage development to IND filing and commercial production.

Details of the startup:

  • Started in: 2018
  • Industries: Genetics, Pharmaceutical, Therapeutics
  • Number of employees: 51-100
  • Funding: CN¥400,000,000
  • Funding rounds: 1
  • Number of investors: 5 (GL Ventures, State Development & Investment Corporation (SDIC), HM Capital, Huatai Ruilian, Momentum Venture)

You can find their website here.

42) FreshMarket

FreshMarket

FreshMarket is a supplier of an online retail platform that serves as a marketplace for grocery shopping.

Details of the startup:

  • Started in: 2012
  • Industries: E-Commerce, Food and Beverage, Marketing, Marketplace
  • Number of employees: 10001+
  • Funding: $156,011,323
  • Funding rounds: 6
  • Number of investors: 5 (Addor Capital, Tiantu Capital, SND Ventures Group, ShareLink Capital, Yiguo Group)

You can find their website here.

43) Crazy Dog

Crazy Dog

Crazy Dog is a company that sells pet goods online.

Details of the startup:

  • Started in: 2014
  • Industries: E-Commerce, Internet, Marketing, Pet, Sales
  • Number of employees: 1001-5000
  • Funding: $143,414,605
  • Funding rounds: 2
  • Number of investors: 4 (Ares Management, Fosun International, Tiantu Capital, Guangdian Capital)

You can find their website here.

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