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1. TRACXN TOP BUSINESS MODELS REPORT
September 02, 2021
CHINA TECH

2. China Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
ChinaChina Tech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. China Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Funding in last 1 year
3
Online Grocery $10.7B
Logistics Tech $9.2B
K-12 EdTech $5.8B
Autonomous Vehicles $5.5B
Crop Tech $5.4B
Analog and Mixed Signal ICs $4.5B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Zhen Fund
Sequoia Capital
Plum Ventures
13
10
7
Early
Stage
Matrix Partners China
Hillhouse Capital Group
Source Code Capital
36
30
24
Late
Stage
Tencent
Sequoia Capital
Hillhouse Capital Group
42
31
25
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Xingsheng Community Ne..
(2009, Changsha)
$3.0B - Series D
Hunan Xingsheng Prefer..
(2018, Changsha)
$3.0B - Series D
Yuanfudao
(2012, Chaoyang)
$2.2B - Series G
J&T Express
(2019, Shanghai)
$1.8B - Series D
Yunmanman
(2013, Nanjing)
$1.7B - Series E
Zuoyebang
(2014, Beijing)
$1.6B - Series E
Horizon Robotics
(2015, Beijing)
$1.5B - Series C
Huolala
(2013, Shenzhen)
$1.5B - Series F
WM Motor
(2015, Shanghai)
$1.5B - Series D
Lalamove
(2013, Hong Kong)
$1.3B - Series F
Unisoc
(2001, Shanghai)
$815M - Series E
Beijing Shihui Technol..
(2018, Chaoyang)
$750M - Series D
Beijing (24%)
Shanghai (19%)
Changsha (12%)
Chaoyang (7%)
Hangzhou (6%)
Others (32%)

4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
China Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲8 B2C Fruits and Vegetables Group Buying Platforms $5.0B 6 Hunan Xingshe.. | $3.0B | Series D Link
2-- Truck Booking Marketplace $3.8B 7 Yunmanman | $1.7B | Series E Link
3-- Online B2C Grocery Group Buying $3.7B 2 Xingsheng Com.. | $3.0B | Series D Link
4▼1 Electric Car Manufacturers $3.6B 6 WM Motor | $1.5B | Series D Link
5-- Automotive SoC $2.9B 8 Horizon Robot.. | $1.5B | Series C Link
6▲4 Online Subscription Based K-12 Academic Tutoring $2.5B 2 Yuanfudao | $2.2B | Series G Link
7▼3 Drugs for Multiple Cancer Types $2.3B 51 LianBio | $310M | Unattributed Link
8▲96 Own Fleet E-commerce Delivery $1.8B 3 Lalamove | $1.3B | Series F Link
9▲236 Autonomous Cars $1.7B 15 Momenta | $500M | Series C Link
10▲1 K-12 Homework Help Platforms $1.6B 1 Zuoyebang | $1.6B | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
China Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲28 Web Based Platform for Doctor Consultation $1.5B 7 Miaoshou Doctor | $466M | Series E Link
12▲1 SoC IoT $831M 7 Unisoc | $815M | Series E Link
13▲171 Small Satellite Manufacturers $748M 2 Chang Guang S.. | $375M | Series D Link
14▲4 Data Science Platforms $715M 5 4Paradigm | $700M | Series D Link
15▲12 Machine Learning Platforms $700M 1 4Paradigm | $700M | Series D Link
16▲64 Video Based Online Health Information Platforms $697M 2 Miaoshou Doctor | $466M | Series E Link
17▼3 Life Sciences Research Services $634M 29 Transcenta | $105M | Series C Link
18▲58 Genomic Data Analysis Platforms $630M 5 Insilico | $255M | Series C Link
19▲210 Online Marketplace for Drugs $529M 4 Jingle fast m.. | $220M | Series C Link
20▲208 Cloud Management Platforms $508M 4 Casicloud | $405M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
China Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲4 Online K-12 Academic Tutoring $500M 7 Yuanfudao | $2.2B | Series G Link
22-- Doctors Networking Platforms $500M 1 DXY | $500M | Series E Link
23▼2 P2P Second Hand Goods Marketplaces $490M 2 Zhuan Zhuan | $390M | Series C Link
24-- Connected Car Platform $464M 3 Banma Network.. | $464M | Series B Link
25▲11 Autonomous Vehicles LIDARs $444M 5 Hesai Technol.. | $300M | Series D Link
26-- Cybersecurity Suite $405M 2 Casicloud | $405M | Series D Link
27-- Smart Lockers $400M 1 Hive Box | $400M | Series C Link
28-- Online Test Preparation Courses $390M 1 Fenbi | $390M | Series A Link
29▼24 Car Ride Hailing $361M 4 Didi | $300M | Series I Link
30▲54 Personal Fitness Training Apps $360M 1 Keep | $360M | Series F Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
China Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲106 Genomics Based Drug Development Software $357M 4 Insilico | $255M | Series C Link
32▼1 Pan-Cancer Drugs $357M 9 Elpiscience | $105M | Series C Link
33▲69 Healthcare Booking Platforms $350M 2 WeDoctor | $350M | Series D Link
34-- Comics Based Storytelling Platforms $330M 2 Kuaikan Manhua | $240M | Series F Link
35▲2 LiDAR $316M 3 Hesai Technol.. | $300M | Series D Link
36-- Valvular Disorder Drugs $313M 2 LianBio | $310M | Unattributed Link
37▲51 Gene Editing Platforms $306M 5 BioHeng | $80.0M | Series B Link
38-- Virtual University Classroom $305M 4 ClassIn | $265M | Series C Link
39▲6
Healthcare IT > Provider > Professional Network >
Clinical Resources
$305M 1 Medbanks | $305M | Series E Link
40▲77 Cancer Diagnostic Tests $303M 4 Genecast | $149M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
China Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲77 DNA Liquid Biopsy Diagnostics $303M 3 Genecast | $149M | Series E Link
42▼26 Big Data Analytics $301M 7 MiningLamp | $200M | Series E Link
43▲39 Big Data Stack $300M 5 Citycloud Int.. | $155M | Series D Link
44▼21 Online Cross Border Retailer $300M 1 KKguan | $300M | Series F Link
45▼11 P2P Used Cars Marketplaces $300M 1 Guazi | $300M | Series D Link
46▼20 Fuel Station Management Software $300M 2 Newlink Group | $200M | Series D Link
47▲10 Corporate Travel Expense Management $293M 4 Ekuaibao | $154M | Series D Link
48▲17 Electronic Signature $289M 4 eSign | $150M | Series D Link
49▲22 Electronic Signature $289M 4 eSign | $150M | Series D Link
50▲23 Deep Learning Processing Units $278M 1 Shanghai Liao.. | $278M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
B2C Fruits and Vegetables Group Buying
Platforms - China
01
9
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$5.0B(▲381%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.2B
2
-
2
2
Online Grocery (Missfresh)
(# Cos: 469 | $23.1B)
B2C Ecommerce (Dmall)
(# Cos: 322 | $17.7B)
Fruits and Vegetables (Fruitday)
(# Cos: 43 | $6.5B)
Social Commerce (Beijing Shihui
Technology)
(# Cos: 3 | $6.2B)
Group Buying (Hunan Xingsheng
Preferred E-Commerce)
(# Cos: 2 | $6.2B)
Hunan Xingsheng Prefer..
(2018, Changsha, $4.9B)
Beijing Shihui Technol..
(2018, Chaoyang, $1.2B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hunan Xingsheng Pr.. (2018, Changsha)
$3.0B - Series D - Feb 2021
Beijing Shihui Tec.. (2018, Chaoyang)
$750M - Series D - Mar 2021
Hunan Xingsheng Pr.. (2018, Changsha)
$700M - Series C - Dec 2020
Hunan Xingsheng Pr.. (2018, Changsha)
$300M - Series D - Jul 2021
Beijing Shihui Tec.. (2018, Chaoyang)
$196M - Series C - Nov 2020
Hunan Xingsheng Pr.. (2018, Changsha)
$100M - Series C - Jan 2021

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Truck Booking Marketplace - China
02
10
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$3.8B( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$9.5B
34
1
50
10
Logistics Tech (Lalamove)
(# Cos: 573 | $24.1B)
Freight (Huolala)
(# Cos: 255 | $12.0B)
Trucking (OpenPort)
(# Cos: 137 | $10.8B)
Heavy Cargo (Yunmanman)
(# Cos: 55 | $10.0B)
Marketplace (Guiyang Trucks
Technology)
(# Cos: 50 | $9.5B)
Guiyang Trucks Technol..
(2008, Guiyang, $170M)
Yunmanman
(2013, Nanjing, $3.8B)
Huolala
(2013, Shenzhen, $2.4B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yunmanman (2013, Nanjing)
$1.7B - Series E - Nov 2020
Huolala (2013, Shenzhen)
$1.5B - Series F - Jan 2021
Huolala (2013, Shenzhen)
$515M - Series E - Nov 2020
Duckbill (2017, Baoshan)
$50.0M - Series C - Mar 2021
Duckbill (2017, Baoshan)
$30.0M - Series B - Sep 2020
Beijing Boxin Tech.. (2015, Chaoyang)
Undisclosed - Series A - Oct 2020
Boxxin Technology (2015, Chaoyang)
Undisclosed - Series A - May 2021

11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online B2C Grocery Group Buying -
China
03
11
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$3.7B( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.0B
3
-
3
1
Online Grocery (Hunan Xingsheng Preferred
E-Commerce)
(# Cos: 469 | $23.1B)
B2C Ecommerce (Dingdong Maicai)
(# Cos: 322 | $17.7B)
Multi Category (Dmall)
(# Cos: 144 | $10.2B)
Retailer (Missfresh)
(# Cos: 92 | $8.8B)
Group Buying (Xingsheng Community
Network Service)
(# Cos: 3 | $4.0B)
Xingsheng Community Ne..
(2009, Changsha, $3.7B)
Xiaoqule
(2018, Hangzhou, $108M)
Xingsheng Optimal
(2018, $200M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Xingsheng Communit.. (2009, Changsha)
$3.0B - Series D - Feb 2021
Xingsheng Communit.. (2009, Changsha)
$700M - Series B - Dec 2020

12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
WM Motor (2015, Shanghai)
$1.5B - Series D - Sep 2020
ENOVATE (2018, Shanghai)
$744M - Series B - Oct 2020
Leap Motor (2015, Hangzhou)
$694M - Series C - Aug 2021
Leap Motor (2015, Hangzhou)
$664M - Series B - Jan 2021
AIWAYS (2017, Shanghai)
$476K - Series D - May 2021
AIWAYS (2017, Shanghai)
Undisclosed - Series D - Jan 2021
Electric Car Manufacturers - China
04
12
Back to index
Electric Vehicles (A123 Systems)
(# Cos: 952 | $26.3B)
Automaker (Segway-Ninebot)
(# Cos: 662 | $22.8B)
Cars (Xiaopeng)
(# Cos: 52 | $22.3B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$3.6B(▲83.4%)
6(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$22.3B
28
4
52
13
Xiaopeng
(2014, Guangzhou, $2.6B)
NIO
(2014, Shanghai, $1.1B)
Beijing Che Lixing Inf..
(2015, Beijing, $1.6B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Horizon Robotics (2015, Beijing)
$1.5B - Series C - Jun 2021
Horizon Robotics (2015, Beijing)
$400M - Series C - Jan 2021
Horizon Robotics (2015, Beijing)
$350M - Series C - Feb 2021
Black Sesame Technol.. (2016, Pudong)
$231M - Series C - Apr 2021
Nanjing Core Semico.. (2018, Nanjing)
$154M - Series B - Jul 2021
Horizon Robotics (2015, Beijing)
$150M - Series C - Dec 2020
Nanjing Core Semico.. (2018, Nanjing)
$73.3M - Series A - Sep 2020
View all 8 Funding Rounds on Tracxn Platform
Automotive SoC - China
05
13
Back to index
Analog and Mixed Signal ICs (Canaan)
(# Cos: 229 | $6.8B)
System on chip (Espressif)
(# Cos: 74 | $6.1B)
Automotive (Horizon Robotics)
(# Cos: 8 | $3.7B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$2.9B( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.7B
5
-
8
3
Horizon Robotics
(2015, Beijing, $3.1B)
Black Sesame Technolog..
(2016, Pudong, $346M)
Nanjing Core Semicondu..
(2018, Nanjing, $228M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Subscription Based K-12
Academic Tutoring - China
06
14
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$2.5B(▲150%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.0B
1
-
1
1
K-12 EdTech (Makeblock)
(# Cos: 626 | $15.9B)
B2C Learning Solutions (51Talk)
(# Cos: 299 | $12.5B)
School Curriculum (Zhangmen)
(# Cos: 159 | $9.8B)
Multi Subject (Zuoyebang)
(# Cos: 145 | $9.6B)
Online Tutoring (Snapask)
(# Cos: 46 | $9.2B)
Subscription (Yuanfudao)
(# Cos: 1 | $4.0B)
Yuanfudao
(2012, Chaoyang, $4.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanfudao (2012, Chaoyang)
$2.2B - Series G - Oct 2020
Yuanfudao (2012, Chaoyang)
$300M - Series G - Dec 2020

15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
LianBio (1999, Shanghai)
$310M - Unattributed - Oct 2020
Clover Biopharma (2007, Chengdu)
$230M - Series C - Feb 2021
D3 Bio (2018, Shanghai)
$200M - Series A - Nov 2020
CARsgen (2014, Shanghai)
$186M - Series C - Nov 2020
InventisBio (2013, Shanghai)
$147M - Series D - Sep 2020
EpimAb Biotherapeu.. (2015, Shanghai)
$120M - Series C - Mar 2021
TransThera Bioscien.. (2016, Nanjing)
$100M - Series D - Jul 2021
View all 51 Funding Rounds on Tracxn Platform
Drugs for Multiple Cancer Types - China
07
15
Back to index
Oncology (Adagene)
(# Cos: 221 | $10.5B)
Drugs (Legend Biotechnology)
(# Cos: 149 | $8.6B)
Diversified (Harbour BioMed)
(# Cos: 109 | $7.1B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$2.3B(▲49.5%)
51(▲64.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$7.1B
91
6
109
35
Harbour BioMed
(2015, Shanghai, $313M)
Legend Biotechnology
(2014, Nanjing, $150M)
Adagene
(2012, Suzhou, $157M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Own Fleet E-commerce Delivery - China
08
16
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.8B(▲2869%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.7B
22
2
37
2
Logistics Tech (BEST)
(# Cos: 573 | $24.1B)
Ecommerce Logistics (AfterShip)
(# Cos: 110 | $5.2B)
End to End Delivery Services (Cainiao)
(# Cos: 43 | $3.7B)
Own Fleet (Lalamove)
(# Cos: 37 | $3.7B)
Lalamove
(2013, Hong Kong, $2.3B)
Cainiao
(2013, Hangzhou, $290M)
BEST
(2007, Hangzhou, $989M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lalamove (2013, Hong Kong)
$1.3B - Series F - Jan 2021
Lalamove (2013, Hong Kong)
$515M - Series E - Dec 2020
Flying Box Cross-b.. (2020, Hangzhou)
Undisclosed - Seed - Nov 2020

17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Momenta (2016, Beijing)
$500M - Series C - Mar 2021
WeRide (2017, Guangzhou)
$330M - Series C - Jun 2021
WeRide (2017, Guangzhou)
$310M - Series C - May 2021
WeRide (2017, Guangzhou)
$200M - Series B - Dec 2020
ZongMu Technology (2013, Shanghai)
$190M - Series D - Jun 2021
Freetech (2016, Hangzhou)
$100M - Series A - Jul 2021
MOTOVIS (2015, Shanghai)
$23.4M - Series B - Jun 2021
View all 15 Funding Rounds on Tracxn Platform
Autonomous Cars - China
09
17
Back to index
Autonomous Vehicles (Horizon Robotics)
(# Cos: 82 | $7.4B)
Self Driving Technology (Momenta)
(# Cos: 34 | $2.3B)
Cars (WeRide)
(# Cos: 22 | $2.1B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.7B(▲ >10K%)
15(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.1B
19
-
22
10
WeRide
(2017, Guangzhou, $892M)
Momenta
(2016, Beijing, $700M)
ZongMu Technology
(2013, Shanghai, $225M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
K-12 Homework Help Platforms - China
10
18
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.6B(▲104%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.1B
12
-
13
2
K-12 EdTech (Makeblock)
(# Cos: 626 | $15.9B)
B2C Learning Solutions (51Talk)
(# Cos: 299 | $12.5B)
School Curriculum (Squirrel Ai Learning)
(# Cos: 159 | $9.8B)
Multi Subject (Zhangmen)
(# Cos: 145 | $9.6B)
Online Tutoring (Zuoyebang)
(# Cos: 46 | $9.2B)
Homework Help (Snapask)
(# Cos: 13 | $3.1B)
Snapask
(2015, Hong Kong, $50.0M)
Zuoyebang
(2014, Beijing, $2.9B)
Afanti
(2014, Beijing, $78.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zuoyebang (2014, Beijing)
$1.6B - Series E - Sep 2020

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Web Based Platform for Doctor
Consultation - China
11
19
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.5B(▲782%)
7(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.9B
33
-
54
5
Healthcare Booking Platforms (WeDoctor)
(# Cos: 356 | $7.1B)
Doctors (Soyoung)
(# Cos: 163 | $3.9B)
Telemedicine (Miaoshou)
(# Cos: 95 | $3.1B)
Teleconsultation (Weimai)
(# Cos: 92 | $3.1B)
Diversified (Chunyu)
(# Cos: 54 | $2.9B)
Chunyu
(2011, Beijing, $244M)
Weimai
(2015, Hangzhou, $254M)
Miaoshou
(2015, Beijing, $933M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Miaoshou Doctor (2015, Beijing)
$466M - Series E - Feb 2021
Miaoshou (2015, Beijing)
$465M - Series E - Feb 2021
Miaoshou Doctor (2015, Beijing)
$231M - Series F - Aug 2021
Miaoshou (2015, Beijing)
$231M - Series F - Aug 2021
Weimai (2015, Hangzhou)
$100M - Series C - Dec 2020
Chunyu (2011, Beijing)
Undisclosed - Series E - Sep 2020
Linjiahaoyi (2016, Hangzhou)
Undisclosed - Series A - Feb 2021

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Unisoc (2001, Shanghai)
$815M - Series E - Apr 2021
YiChip (2013, Shanghai)
$15.7M - Series A - Jun 2021
YiChip (2013, Shanghai)
Undisclosed - Seed - Dec 2020
Radar Eye (2018, Shanghai)
Undisclosed - Series A - Jul 2021
Jingshi Intelligen.. (2019, Chaoyang)
Undisclosed - Series A - Jan 2021
Telink Semiconductor (2010, Shanghai)
Undisclosed - Series B - Dec 2020
Shanghai Taisi Micro.. (2019, Pudong)
Undisclosed - Series A - May 2021
SoC IoT - China
12
20
Back to index
Internet of Things Infrastructure (Sensoro)
(# Cos: 387 | $3.5B)
IoT Chips (Unisoc)
(# Cos: 102 | $2.0B)
SoC (Espressif)
(# Cos: 30 | $1.5B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$831M(▲25.1%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.5B
24
-
30
4
Espressif
(2007, Shanghai, $3.3M)
Unisoc
(2001, Shanghai, $1.4B)
Nurlink
(2017, Nanjing, $29.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Chang Guang Satel.. (2014, Changchun)
$375M - Series D - Nov 2020
Chang Guang Satel.. (2014, Changchun)
$374M - Series D - Dec 2020
Small Satellite Manufacturers - China
13
21
Back to index
NewSpace (iSpace)
(# Cos: 41 | $1.9B)
Space Hardware (Chang Guang Satellite)
(# Cos: 7 | $826M)
Satellites (Chang Guang Satellite
Technology)
(# Cos: 7 | $826M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$748M(▲3428%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$826M
5
-
7
4
Chang Guang Satellite ..
(2014, Changchun, $412M)
Chang Guang Satellite
(2014, Changchun, $374M)
National Star Aerospace
(2018, Chengdu, $37.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
4Paradigm (2014, Beijing)
$700M - Series D - Jan 2021
Ruifan Technology (2015, Chaoyang)
$7.7M - Series A - Jul 2021
Hengshi Analytics (2004, Haidian)
$7.4M - Series A - Oct 2020
Deep Intelligence (2018, Xiamen)
Undisclosed - Seed - Oct 2020
Gradient Technologies (2016)
Undisclosed - Series B - Dec 2020
Data Science Platforms - China
14
22
Back to index
Big Data Analytics (TalkingData)
(# Cos: 142 | $3.9B)
Suite (Kyligence)
(# Cos: 37 | $2.6B)
Data Science Platform (Transwarp)
(# Cos: 15 | $1.3B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$715M(▲138%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
14
-
15
3
Transwarp
(2013, Xuhui, $144M)
4Paradigm
(2014, Beijing, $1.1B)
TaoData
(2015, Hangzhou, $19.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
4Paradigm (2014, Beijing)
$700M - Series D - Jan 2021
Machine Learning Platforms - China
15
23
Back to index
AI Infrastructure (SenseTime)
(# Cos: 162 | $12.3B)
Machine Intelligence Systems (4Paradigm)
(# Cos: 28 | $3.2B)
Machine Learning Platforms (Megvii)
(# Cos: 11 | $3.1B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$700M(▲204%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.1B
8
-
11
2
Megvii
(2011, Beijing, $2.0B)
4Paradigm
(2014, Beijing, $1.1B)
Shenzhen Zhiyi Technol..
(2017, Shenzhen)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Video Based Online Health Information
Platforms - China
16
24
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$697M(▲723%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$862M
1
-
1
1
Online Health Information (Babytree)
(# Cos: 63 | $1.9B)
Internet First Media (Guokang)
(# Cos: 32 | $866M)
Diversified (39.net)
(# Cos: 5 | $862M)
Videos (Miaoshou Doctor)
(# Cos: 1 | $862M)
Miaoshou Doctor
(2015, Beijing, $862M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Miaoshou Doctor (2015, Beijing)
$466M - Series E - Feb 2021
Miaoshou Doctor (2015, Beijing)
$231M - Series F - Aug 2021

25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Life Sciences Research Services - China
17
25
Back to index
Life Sciences Platforms and Tools (Sansure)
(# Cos: 667 | $4.2B)
Research Services (Transcenta)
(# Cos: 266 | $2.9B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$634M(▲5.1%)
29(▲3.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$2.9B
171
5
266
22
Transcenta
(2019, Suzhou, $205M)
EdiGene
(2015, Changping, $166M)
BGI
(1999, Shenzhen)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Transcenta (2019, Suzhou)
$105M - Series C - Dec 2020
TransThera Bioscien.. (2016, Nanjing)
$100M - Series D - Jul 2021
Ruike (2019, Taizhou)
$100M - Series B - Dec 2020
Wuhan Binhui Biotechn.. (2010, Wuhan)
$94.9M - Series C - Feb 2021
EdiGene (2015, Changping)
$67.0M - Series B - Oct 2020
Bluepha (2014, Beijing)
$61.7M - Series B - Aug 2021
EdiGene (2015, Changping)
$61.5M - Series B - Apr 2021
View all 29 Funding Rounds on Tracxn Platform

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Insilico (2014, Hong Kong)
$255M - Series C - Jun 2021
3DMed (2010, Shanghai)
$224M - Series D - Oct 2020
iCarbonX (2015, Shenzhen)
$151M - Series D - Apr 2021
3DMed (2010, Shanghai)
Undisclosed - Series C - Oct 2020
SeekGene (2015, Changping)
Undisclosed - Series A - Jan 2021
Genomic Data Analysis Platforms - China
18
26
Back to index
Genomics (Sansure)
(# Cos: 451 | $5.9B)
Genome Informatics (iCarbonX)
(# Cos: 30 | $1.1B)
Integrative Bioinformatics Platforms
(Insilico)
(# Cos: 19 | $1.1B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$630M(▲579%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
14
-
19
4
Insilico
(2014, Hong Kong, $310M)
iCarbonX
(2015, Shenzhen, $366M)
3DMed
(2010, Shanghai, $365M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Marketplace for Drugs - China
19
27
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$529M(▲3610%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.5B
30
1
67
6
Healthcare Booking Platforms (WeDoctor)
(# Cos: 356 | $7.1B)
Pharmacies (Jianke)
(# Cos: 116 | $1.6B)
Drugs (Dingdang Fast Medicine)
(# Cos: 69 | $1.5B)
Diversified (111 Group)
(# Cos: 67 | $1.5B)
111 Group
(2010, Guangzhou, $122M)
Dingdang Fast Medicine
(2003, Beijing, $284M)
Jianke
(2009, Haidian, $280M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Jingle fast medicine (2014, Beijing)
$220M - Series C - Jun 2021
Shanghai Pharmaceu.. (2015, Shanghai)
$160M - Series B - Feb 2021
Dingdang Fast Medi.. (2003, Beijing)
$149M - Series B - Oct 2020
Beijing Yaodou Tech.. (2015, Haidian)
Undisclosed - Series C - Apr 2021

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Casicloud (2015, Beijing)
$405M - Series D - Mar 2021
Beijing Intelli Sof.. (2013, Haidian)
$103M - Series D - Sep 2020
Zhuyun (2013, Shanghai)
Undisclosed - Series C - Nov 2020
iDCOS (2014, Hangzhou)
Undisclosed - Series C - Sep 2020
Cloud Management Platforms - China
20
28
Back to index
Cloud Infrastructure (UCloud)
(# Cos: 84 | $4.0B)
Cloud Governance Platform (CloudChef)
(# Cos: 30 | $624M)
Management (Alibaba Cloud)
(# Cos: 22 | $611M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$508M(▲3460%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$611M
12
-
22
4
Alibaba Cloud
(2009, Hangzhou)
CloudChef
(2016, Shanghai, $13.7M)
Casicloud
(2015, Beijing, $405M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online K-12 Academic Tutoring - China
21
29
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$500M(▲82.3%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$9.2B
37
1
46
9
K-12 EdTech (Makeblock)
(# Cos: 626 | $15.9B)
B2C Learning Solutions (51Talk)
(# Cos: 299 | $12.5B)
School Curriculum (Zhangmen)
(# Cos: 159 | $9.8B)
Multi Subject (Zuoyebang)
(# Cos: 145 | $9.6B)
Online Tutoring (Snapask)
(# Cos: 46 | $9.2B)
Snapask
(2015, Hong Kong, $50.0M)
Zuoyebang
(2014, Beijing, $2.9B)
Zhangmen
(2010, Baoshan, $873M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanfudao (2012, Chaoyang)
$2.2B - Series G - Oct 2020
Zuoyebang (2014, Beijing)
$1.6B - Series E - Sep 2020
Zhangmen (2010, Baoshan)
$400M - Series F - Oct 2020
Yuanfudao (2012, Chaoyang)
$300M - Series G - Dec 2020
Huohua Siwei (2016, Beijing)
$100M - Series E - Oct 2020
Huohua Siwei (2016, Beijing)
Undisclosed - Series E - Jan 2021
Squirrel Ai Learning (2014, Shanghai)
Undisclosed - Series C - Jul 2021

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Doctors Networking Platforms - China
22
30
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$500M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$682M
2
-
2
1
Social Platforms (Kuaishou)
(# Cos: 590 | $10.5B)
Professionals (Kaixin001)
(# Cos: 80 | $944M)
Healthcare (Shanghai Medical Network
Technology)
(# Cos: 2 | $682M)
Doctors (DXY)
(# Cos: 2 | $682M)
DXY
(2000, Beijing, $682M)
Shanghai Medical Netwo..
(2015, Shanghai)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DXY (2000, Beijing)
$500M - Series E - Dec 2020

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
P2P Second Hand Goods Marketplaces -
China
23
31
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$490M(▲63.3%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
7
-
8
2
Horizontal E-Commerce (JD.com)
(# Cos: 212 | $6.2B)
Second Hand (58City)
(# Cos: 23 | $1.6B)
Marketplace (Xiangwushuo)
(# Cos: 8 | $1.1B)
P2P (Zhuan Zhuan)
(# Cos: 8 | $1.1B)
Zhuan Zhuan
(2015, Chaoyang, $990M)
Xiangwushuo
(2017, Shanghai, $110M)
Luxify
(2013, Hong Kong, $800K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zhuan Zhuan (2015, Chaoyang)
$390M - Series C - Apr 2021
Zhuan Zhuan (2015, Chaoyang)
$100M - Series D - Jun 2021

32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Connected Car Platform - China
24
32
Back to index
Connected Vehicles (PATEO)
(# Cos: 251 | $2.2B)
Connected Car Platform (Banma Network
Technology)
(# Cos: 16 | $942M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$464M( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$942M
8
-
16
3
Banma Network Technology
(2016, Shanghai, $698M)
AutoAI
(2018, Haidian, $104M)
UBiAi Technology
(2016, Beijing, $11.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Banma Network Tech.. (2016, Shanghai)
$464M - Series B - Jul 2021
Megatronix (2018, Chaoyang)
$100M - Series C - May 2021
UBiAi Technology (2016, Beijing)
$10.0M - Series A - Nov 2020

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicles LIDARs - China
25
33
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$444M(▲143%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$942M
11
-
14
6
Autonomous Vehicles (WeRide)
(# Cos: 82 | $7.4B)
Enabling Technologies (ECARX Technology)
(# Cos: 37 | $4.7B)
Perception (Horizon Robotics)
(# Cos: 30 | $4.7B)
Sensor (RoboSense)
(# Cos: 23 | $1.2B)
Lidar (PATEO)
(# Cos: 14 | $942M)
PATEO
(2009, Shanghai, $174M)
RoboSense
(2014, Shenzhen, $45.0M)
Hesai Technology
(2013, Shanghai, $528M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hesai Technology (2013, Shanghai)
$300M - Series D - Jun 2021
PATEO (2009, Shanghai)
$128M - Series B - Aug 2021
OmniSensing Photon.. (2016, Shanghai)
$15.6M - Series A - Jun 2021
PATEO (2009, Shanghai)
Undisclosed - Series B - Oct 2020
ZVISION (2017, Haidian)
Undisclosed - Series B - Jun 2021

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Cybersecurity Suite - China
26
34
Back to index
Cybersecurity (Qihoo 360 Technology)
(# Cos: 444 | $4.3B)
Suite (AgotoZ)
(# Cos: 14 | $783M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$405M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$783M
13
-
14
4
AgotoZ
(2017, Beijing, $50.1M)
360
(1996, Beijing, $311M)
Casicloud
(2015, Beijing, $405M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Casicloud (2015, Beijing)
$405M - Series D - Mar 2021
Zhongrui (2013, Haidian)
Undisclosed - Series B - Sep 2020

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Smart Lockers - China
27
35
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$400M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
7
-
11
2
Logistics Tech (AfterShip)
(# Cos: 573 | $24.1B)
Ecommerce Logistics (Lalamove)
(# Cos: 110 | $5.2B)
Access Point (Pakpobox)
(# Cos: 15 | $1.2B)
Locker (Hive Box)
(# Cos: 11 | $1.1B)
Hive Box
(2015, Shenzhen, $1.1B)
Pakpobox
(2013, Shenzhen, $3.0M)
Di Yi Box
(2013, Shanghai)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hive Box (2015, Shenzhen)
$400M - Series C - Jan 2021

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Test Preparation Courses - China
28
36
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$390M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$553M
9
-
11
2
Test Preparation Tech (Genshuixue)
(# Cos: 50 | $979M)
Digital Learning (Fenbi)
(# Cos: 45 | $929M)
Diversified (Wanxue Education)
(# Cos: 19 | $859M)
Self-Paced (Koolearn)
(# Cos: 11 | $553M)
Koolearn
(2005, Beijing, $48.7M)
Fenbi
(2012, Beijing, $392M)
Xiaozhan
(2009, Shanghai, $113M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fenbi (2012, Beijing)
$390M - Series A - Feb 2021

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Car Ride Hailing - China
29
37
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$361M(▼76%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$23.2B
19
1
35
8
Road Transport Tech (Mobike)
(# Cos: 361 | $34.4B)
Ride Hailing (Edaijia)
(# Cos: 53 | $25.0B)
Cars (UCAR)
(# Cos: 51 | $25.0B)
Taxi (Kuaidi Dache)
(# Cos: 46 | $24.9B)
Intracity (GetTransfer.com)
(# Cos: 42 | $24.9B)
Aggregator (Didi)
(# Cos: 35 | $23.2B)
Didi
(2012, Haidian, $20.8B)
GetTransfer.com
(2015, Hong Kong, $8.0M)
Kuaidi Dache
(2012, Hangzhou, $977M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Didi (2012, Haidian)
$300M - Series I - Jan 2021
Enjoy road trip (2018, Shanghai)
$45.8M - Series A - Dec 2020
New Variable Techn.. (2019, Chaoyang)
$14.6M - Series B - Sep 2020
Cao Cao Car (2015, Hangzhou)
Undisclosed - Series B - Aug 2021

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Personal Fitness Training Apps - China
30
38
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$360M(▲350%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$692M
10
-
28
1
Fitness & Wellness Tech (Huami)
(# Cos: 416 | $1.6B)
Physical Fitness (Mobvoi)
(# Cos: 315 | $1.6B)
Fitness and Diet Training Apps (Mint network)
(# Cos: 80 | $762M)
Fitness (FitTime)
(# Cos: 52 | $737M)
Apps (Daily Yoga)
(# Cos: 31 | $692M)
Training (Keep)
(# Cos: 28 | $692M)
Keep
(2014, Beijing, $650M)
Daily Yoga
(2004, Xian, $9.3M)
Asana App
(2015, Kowloon)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Keep (2014, Beijing)
$360M - Series F - Jan 2021

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Genomics Based Drug Development
Software - China
31
39
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$357M(▲866%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$573M
3
-
5
2
Life Sciences Tech (Jiaxing Taimei Medical Technology)
(# Cos: 104 | $1.7B)
Research & Development (iCarbonX)
(# Cos: 81 | $1.3B)
Drug Discovery (GemPharmatech)
(# Cos: 34 | $668M)
Genomics (LinkDoc)
(# Cos: 22 | $573M)
Drug Development (Insilico)
(# Cos: 5 | $573M)
Insilico
(2014, Hong Kong, $310M)
LinkDoc
(2014, Haidian, $263M)
Xbiome
(2019, Shenzhen)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Insilico (2014, Hong Kong)
$255M - Series C - Jun 2021
LinkDoc (2014, Haidian)
$102M - Series D - Sep 2020
Xbiome (2019, Shenzhen)
Undisclosed - Series B - Dec 2020
LinkDoc (2014, Haidian)
Undisclosed - Series D - Mar 2021

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Elpiscience (2017, Pudong)
$105M - Series C - May 2021
Gracell Bio (2017, Shanghai)
$100M - Series C - Oct 2020
Wuhan Binhui Biotechn.. (2010, Wuhan)
$94.9M - Series C - Feb 2021
Hangzhou Shangjian.. (2015, Hangzhou)
$32.2M - Series B - Sep 2020
Shenzhen Target (2014, Nanshan)
$14.8M - Series A - Sep 2020
Immvira (2015, Shenzhen)
$10.0M - Series B - Sep 2020
Lyvgen Biopharma (2016, Shanghai)
Undisclosed - Series C - Feb 2021
View all 9 Funding Rounds on Tracxn Platform
Pan-Cancer Drugs - China
32
40
Back to index
Oncology (Legend Biotechnology)
(# Cos: 221 | $10.5B)
Drugs (Harbour BioMed)
(# Cos: 149 | $8.6B)
Pan Cancer (Gracell Bio)
(# Cos: 29 | $1.0B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$357M(▲71.7%)
9(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.0B
25
1
29
8
Gracell Bio
(2017, Shanghai, $195M)
Beijing Jiakesi drug d..
(2015, Beijing, $55.0M)
Alphamab Oncology
(2009, Suzhou, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Healthcare Booking Platforms - China
33
41
Back to index
Healthcare Booking Platforms (Soyoung)
(# Cos: 356 | $7.1B)
Diversified (WeDoctor)
(# Cos: 16 | $1.4B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$350M(▲463%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
9
1
16
2
WeDoctor
(2010, Hangzhou, $1.4B)
AliHealth 111
(2010, Pudong, $62.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
WeDoctor (2010, Hangzhou)
$350M - Series D - Dec 2020
WeDoctor (2010, Hangzhou)
Undisclosed - Series D - Sep 2020

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Kuaikan Manhua (2014, Beijing)
$240M - Series F - Aug 2021
Kuaikan Manhua (2014, Beijing)
$89.6M - Series D - Jun 2021
Comics Based Storytelling Platforms -
China
34
42
Back to index
Digital Publishing Platforms (Zhihu)
(# Cos: 60 | $1.9B)
Storytelling Platforms (Kuaidian Yuedu)
(# Cos: 15 | $812M)
Comics (Kuaikan Manhua)
(# Cos: 6 | $706M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$330M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$706M
4
-
6
1
Kuaikan Manhua
(2014, Beijing, $685M)
Manman
(2015, Beijing, $6.2M)
Maimengjun
(2015, Shanghai, $14.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
LiDAR - China
35
43
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$316M(▲72.6%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$707M
4
-
4
4
Photonics (InnoLight)
(# Cos: 282 | $925M)
Quantum Optics (II-VI Photonics)
(# Cos: 29 | $715M)
Applications (Surestar)
(# Cos: 7 | $708M)
Scanning and Surveying (ZVISION)
(# Cos: 5 | $707M)
LiDAR (Hesai Technology)
(# Cos: 4 | $707M)
Hesai Technology
(2013, Shanghai, $528M)
ZVISION
(2017, Haidian, $9.9M)
Surestar
(2005, Beijing, $153M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hesai Technology (2013, Shanghai)
$300M - Series D - Jun 2021
OmniSensing Photon.. (2016, Shanghai)
$15.6M - Series A - Jun 2021
ZVISION (2017, Haidian)
Undisclosed - Series B - Jun 2021

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
LianBio (1999, Shanghai)
$310M - Unattributed - Oct 2020
LianBio (1999, Shanghai)
$3.0M - Seed - Apr 2021
Valvular Disorder Drugs - China
36
44
Back to index
Cardiac and Vascular Disorders (Venus MedTech)
(# Cos: 169 | $2.1B)
Drugs (Tasly)
(# Cos: 12 | $1.2B)
Valvular Disorders (LianBio)
(# Cos: 1 | $313M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$313M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$313M
1
-
1
1
LianBio
(1999, Shanghai, $313M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Gene Editing Platforms - China
37
45
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$306M(▲299%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$453M
7
-
7
4
Genomics (Insilico)
(# Cos: 451 | $5.9B)
Enabling Technologies (Sansure)
(# Cos: 148 | $1.4B)
Technology Platforms (Weiyuan Gene)
(# Cos: 18 | $686M)
Gene Editing (EdiGene)
(# Cos: 7 | $453M)
EdiGene
(2015, Changping, $166M)
Weiyuan Gene
(2018, Guangzhou, $73.8M)
Qixin Biotechnology
(2017, Hangzhou, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BioHeng (2017, Nanjing)
$80.0M - Series B - Mar 2021
Qixin Biotechnology (2017, Hangzhou)
$67.0M - Series A - Mar 2021
EdiGene (2015, Changping)
$67.0M - Series B - Oct 2020
EdiGene (2015, Changping)
$61.5M - Series B - Apr 2021
Weiyuan Gene (2018, Guangzhou)
$31.0M - Series C - Feb 2021

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
ClassIn (2014, Haidian)
$265M - Series C - Dec 2020
Baijiayun (2014, Haidian)
$26.3M - Series B - Sep 2020
Baijiayun (2014, Haidian)
$13.9M - Series B - Oct 2020
Baijiayun (2014, Haidian)
Undisclosed - Series C - Jul 2021
Virtual University Classroom - China
38
46
Back to index
Higher Education Tech (Vericant)
(# Cos: 163 | $715M)
Tech for Teachers (ClassIn)
(# Cos: 7 | $315M)
Virtual Classroom (Baijiayun)
(# Cos: 2 | $315M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$305M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$315M
2
-
2
2
Baijiayun
(2014, Haidian, $49.7M)
ClassIn
(2014, Haidian, $265M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Professional Network
> Clinical Resources - China
39
47
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$305M(▲114%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$506M
3
-
4
1
Healthcare IT (iCarbonX)
(# Cos: 576 | $7.5B)
Provider (WeDoctor)
(# Cos: 419 | $5.9B)
Professional Network (DXY)
(# Cos: 19 | $1.3B)
Clinical Resources (Medbanks)
(# Cos: 4 | $506M)
Medbanks
(2015, Beijing, $506M)
Metz Medical MedSci
(2008, Xuhui)
CN Healthcare
(2012, Beijing)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Medbanks (2015, Beijing)
$305M - Series E - Dec 2020

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Genecast (2016, Beijing)
$149M - Series E - Oct 2020
Jiyinga Technology (2015, Beijing)
$116M - Series C - Jul 2021
Jiyinga Technology (2015, Beijing)
$38.0M - Series B - Nov 2020
Ammulifetech.com (2015, Wuhan)
Undisclosed - Series B - Feb 2021
Cancer Diagnostic Tests - China
40
48
Back to index
Oncology (Harbour BioMed)
(# Cos: 221 | $10.5B)
In-Vitro Diagnostic Tests (Burning Rock)
(# Cos: 55 | $1.8B)
Pan Cancer (Genecast)
(# Cos: 16 | $524M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$303M(▲479%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$524M
8
-
16
3
Genecast
(2016, Beijing, $246M)
Jiyinga Technology
(2015, Beijing, $220M)
Polaris Biology
(2016, Shanghai, $18.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
DNA Liquid Biopsy Diagnostics - China
41
49
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$303M(▲479%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$524M
6
-
9
3
Genomics (Insilico)
(# Cos: 451 | $5.9B)
Applied Genomics (AnchorDx)
(# Cos: 189 | $2.6B)
Clinical Genomics (Beijing Yimiao Shenzhou
Pharmaceutical Technology)
(# Cos: 128 | $2.4B)
Diagnostics (Ascletis)
(# Cos: 104 | $2.3B)
Sequencing-based (Burning Rock)
(# Cos: 88 | $2.2B)
Liquid Biopsy (Jiyinga Technology)
(# Cos: 13 | $676M)
DNA (Genecast)
(# Cos: 9 | $524M)
Genecast
(2016, Beijing, $246M)
Jiyinga Technology
(2015, Beijing, $220M)
Polaris Biology
(2016, Shanghai, $18.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Genecast (2016, Beijing)
$149M - Series E - Oct 2020
Jiyinga Technology (2015, Beijing)
$116M - Series C - Jul 2021
Jiyinga Technology (2015, Beijing)
$38.0M - Series B - Nov 2020

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
MiningLamp (2014, Beijing)
$200M - Series E - Dec 2020
Kyligence (2016, Shanghai)
$70.0M - Series D - Apr 2021
Beijing Zhongke Wen.. (2017, Beijing)
$31.1M - Series D - May 2021
Tapdata (2019, Shenzhen)
Undisclosed - Seed - Jul 2021
Tapdata (2019, Shenzhen)
Undisclosed - Seed - Jul 2021
iReadyIT (2014, Beijing)
Undisclosed - Series A - Nov 2020
iReadyIT (2014, Beijing)
Undisclosed - Series B - Aug 2021
Big Data Analytics - China
42
50
Back to index
Big Data Analytics (TalkingData)
(# Cos: 142 | $3.9B)
Suite (Transwarp)
(# Cos: 37 | $2.6B)
End to End Analytics Platform
(Kyligence)
(# Cos: 22 | $1.3B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$301M(▼12.9%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
17
1
22
5
Kyligence
(2016, Shanghai, $118M)
Gridsum
(2005, Beijing)
MiningLamp
(2014, Beijing, $1.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Big Data Stack - China
43
51
Back to index
Big Data Infrastructure (PingCAP)
(# Cos: 27 | $1.0B)
Big Data Stack (Transwarp)
(# Cos: 8 | $515M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$300M(▲272%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$515M
8
-
8
4
Transwarp
(2013, Xuhui, $144M)
Citycloud International
(2012, Hangzhou, $274M)
TAOS Data
(2017, Chaoyang, $57.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Citycloud Internat.. (2012, Hangzhou)
$155M - Series D - Jul 2021
Citycloud Internat.. (2012, Hangzhou)
$76.0M - Series C - Nov 2020
TAOS Data (2017, Chaoyang)
$47.0M - Series B - May 2021
Digital Technology (2016, Hangzhou)
$22.7M - Series B - Nov 2020
Link Time Cloud (2016, Wuhan)
Undisclosed - Series A - Sep 2020

52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
KKguan (2015, Dongguan)
$300M - Series F - Jul 2021
Online Cross Border Retailer - China
44
52
Back to index
Cross Border Commerce (Club Factory)
(# Cos: 126 | $3.3B)
Horizontal (Xiaohongshu )
(# Cos: 67 | $2.1B)
Retailer (Banggood)
(# Cos: 32 | $1.0B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$300M(▲3.5%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.0B
24
-
32
3
Banggood
(2006, Guangzhou)
KKguan
(2015, Dongguan, $614M)
Daling
(2011, Beijing, $117M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
P2P Used Cars Marketplaces - China
45
53
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$300M(▲50%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.7B
7
-
9
2
Auto E-Commerce & Content (Bitauto)
(# Cos: 431 | $15.6B)
Second Hand Vehicles (Uxin)
(# Cos: 95 | $10.3B)
Cars (Autohome)
(# Cos: 90 | $10.3B)
P2P Marketplace (Guazi)
(# Cos: 9 | $4.7B)
Guazi
(2012, Beijing, $3.8B)
Haoche51
(2014, Beijing, $70.0M)
RenRenChe
(2014, Beijing, $760M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Guazi (2012, Beijing)
$300M - Series D - Jun 2021

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Newlink Group (2016, Beijing)
$200M - Series D - Mar 2021
Newlink Group (2016, Beijing)
$100M - Series D - Jan 2021
Fuel Station Management Software -
China
46
54
Back to index
Oil & Gas Tech (Shenzhen Jinhang Energy Technology)
(# Cos: 27 | $681M)
Downstream (Wisdom Youke Network
Technology)
(# Cos: 8 | $664M)
Fuel Station Management (Newlink
Group)
(# Cos: 6 | $664M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$300M(▲25.7%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$664M
5
-
6
2
Newlink Group
(2016, Beijing, $662M)
Wisdom Youke Network T..
(2016, Beijing)
Shanghai Fuxing Networ..
(2017, Shanghai)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Ekuaibao (2014, Beijing)
$154M - Series D - Aug 2021
Debeijin Service Te.. (2016, Beijing)
$92.5M - Series C - Mar 2021
Maycur (2008, Hangzhou)
$30.9M - Series B - Jul 2021
Maycur (2008, Hangzhou)
$15.5M - Series B - Feb 2021
Corporate Travel Expense Management -
China
47
55
Back to index
Online Travel (Klook)
(# Cos: 611 | $9.9B)
Corporate Travel (Baoku)
(# Cos: 24 | $631M)
Expense Management (Ekuaibao)
(# Cos: 18 | $627M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$293M(▲160%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$627M
17
-
18
6
Ekuaibao
(2014, Beijing, $231M)
Baoku
(2007, Beijing, $60.0M)
Debeijin Service Techn..
(2016, Beijing, $154M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Electronic Signature - China
48
56
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$289M(▲189%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$576M
10
-
11
2
Legal Tech (Digital Reef)
(# Cos: 99 | $901M)
Legal Contract Management (eSign)
(# Cos: 15 | $576M)
Contract Creation (BestSign)
(# Cos: 12 | $576M)
e-Signature (Fadada)
(# Cos: 11 | $576M)
Fadada
(2014, Shenzhen, $209M)
BestSign
(2014, Hangzhou, $74.0M)
eSign
(2002, Hangzhou, $281M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
eSign (2002, Hangzhou)
$150M - Series D - Nov 2020
Fadada (2014, Shenzhen)
$138M - Series D - Mar 2021
EthSign (2021, Shanghai)
$650K - Seed - Jun 2021
EthSign (2021, Shanghai)
Undisclosed - Seed - Jul 2021

57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Electronic Signature - China
49
57
Back to index
Digital Transaction Management (BestSign)
(# Cos: 31 | $579M)
Electronic Signature (Fadada)
(# Cos: 13 | $576M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$289M(▲189%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$576M
10
-
13
2
Fadada
(2014, Shenzhen, $209M)
BestSign
(2014, Hangzhou, $74.0M)
eSign
(2002, Hangzhou, $281M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
eSign (2002, Hangzhou)
$150M - Series D - Nov 2020
Fadada (2014, Shenzhen)
$138M - Series D - Mar 2021
EthSign (2021, Shanghai)
$650K - Seed - Jun 2021
EthSign (2021, Shanghai)
Undisclosed - Seed - Jul 2021

58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Deep Learning Processing Units - China
50
58
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$278M(▲182%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$572M
3
-
3
2
Digital ICs (AISpeech)
(# Cos: 97 | $2.4B)
Microprocessors (Vimicro)
(# Cos: 53 | $2.0B)
Artificial Intelligence and Machine
Learning (IntelliFusion)
(# Cos: 22 | $1.1B)
Deep Learning Processing Unit
(Shanghai Liaoyuan Technology)
(# Cos: 3 | $572M)
Shanghai Liaoyuan Tech..
(2018, Shanghai, $472M)
Cambricon
(2016, Beijing, $100M)
Tanjing
(2017, Beijing)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Shanghai Liaoyuan .. (2018, Shanghai)
$278M - Series C - Jan 2021

59. China Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
China Tech - Top Business Models Report
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