The document provides an overview of the top funded business models in China over the last year based on a report from Tracxn Technologies. The top three funded models were B2C Fruits and Vegetables Group Buying Platforms ($5.6B), Electric Cars ($4.3B), and Truck Booking Marketplaces ($3.8B). It includes one page profiles for each business model that provide funding amounts, number of funding rounds, examples of top funded companies, and summaries of selected companies' most recent funding rounds.

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

2. China Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private 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 Private Limited. All rights reserved.
China Tech - Funding in last 1 year
3
Online Grocery $11.6B
Logistics Tech $9.1B
K-12 EdTech $6.7B
Crop Tech $5.9B
Electric Vehicles $4.4B
Oncology $3.9B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Zhen Fund
Tencent
Plum Ventures
10
7
7
Early
Stage
Hillhouse Capital Group
Matrix Partners China
IDG Capital
28
26
23
Late
Stage
Tencent
Sequoia Capital
Hillhouse Capital Group
42
27
23
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
J&T Express
(2019, )
$1.8B - Series D
Yunmanman
(2013, Nanjing)
$1.7B - Series E
Zuoyebang
(2014, Beijing)
$1.6B - Series E
Huolala
(2013, Shenzhen)
$1.5B - Series F
WM Motor
(2015, Shanghai)
$1.5B - Series D
Lalamove
(2013, Hong Kong)
$1.3B - Series F
Yuanfudao
(2012, Chaoyang)
$1.2B - Series G
Yuanfudao
(2012, Chaoyang)
$1.0B - Series G
Unisoc
(2001, Shanghai)
$815M - Series E
Hunan Xingsheng Prefer..
(2018, Changsha)
$800M - Series C
Beijing (25%)
Shanghai (17%)
Changsha (14%)
Chaoyang (7%)
Shenzhen (6%)
Others (32%)

4. Copyright © 2021, Tracxn Technologies Private 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▲29 B2C Fruits and Vegetables Group Buying Platforms $5.6B 8 Hunan Xingshe.. | $3.0B | Series D Link
2▲3 Electric Cars $4.3B 9 WM Motor | $1.5B | Series D Link
3▲321 Truck Booking Marketplace $3.8B 6 Yunmanman | $1.7B | Series E Link
4▲140 Online B2C Grocery Group Buying $3.7B 2 Xingsheng Com.. | $3.0B | Series D Link
5▲1 Online Subscription Based K-12 Tutoring $2.5B 3 Yuanfudao | $1.2B | Series G Link
6▲148 Homework Help For K-12 Students $2.4B 2 Zuoyebang | $1.6B | Series E Link
7-- Last Mile Ecommerce Delivery $1.8B 3 Lalamove | $1.3B | Series F Link
8-- Online First Courier Services $1.8B 2 J&T Express | $1.8B | Series D Link
9▲10 AI Processors $1.4B 16 Horizon Robot.. | $400M | Series C Link
10-- Autonomous Vehicle Perception Systems $1.3B 5 Horizon Robot.. | $400M | Series C 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 Private 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▲43 Deep Learning Processing Units $1.2B 4 Horizon Robot.. | $400M | Series C Link
12▼2 System On Chip for IoT Devices $815M 5 Unisoc | $815M | Series E Link
13▼5
Analog and Mixed Signal ICs > System on chip >
Horizontal
$815M 1 Unisoc | $815M | Series E Link
14▼2
Life Sciences Platforms and Tools > Research
Services
$775M 30 Lepu Biotechn.. | $186M | Series B Link
15-- Small Satellite Manufacturers $770M 3 Chang Guang S.. | $375M | Series D Link
16▲274 Autonomous Cars $715M 11 Momenta | $500M | Series C Link
17▲4 Data Science Platforms $707M 4 4Paradigm | $700M | Series D Link
18▲7 Machine Learning Platforms $700M 1 4Paradigm | $700M | Series D Link
19-- General Purpose $695M 4 Biren Technol.. | $410M | Series B Link
20▲11 Online K-12 Tutoring $650M 9 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.

6. Copyright © 2021, Tracxn Technologies Private 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 Drugs For Multiple Therapeutic Areas $613M 11 Hinova Pharma.. | $147M | Series C Link
22--
Online Health Information > Internet First Media >
Diversified > Videos
$551M 2 Miaoshou Doctor | $466M | Series E Link
23▲246 Cloud Management Platforms $508M 6 Casicloud | $405M | Series D Link
24--
Healthcare IT > Provider > Professional Network >
Social Platform > Doctors
$500M 1 DXY | $500M | Series E Link
25▲19 Fuel Station Management Software $429M 4 Newlink Group | $200M | Series D Link
26-- Grocery Delivery $419M 1 Dmall | $419M | Series C Link
27--
Online Grocery > B2C Ecommerce > Multi Category
> Marketplace > Own Delivery Fleet
$419M 2 Dmall | $419M | Series C Link
28▼2 Cancer Drugs $415M 10 Elpiscience | $105M | Series C Link
29▲127 Cybersecurity Suite $405M 2 Casicloud | $405M | Series D Link
30-- Smart Lockers $400M 1 Hive Box | $400M | Series C 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 Private 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-- Connected Vehicles > Smart Cockpit Systems $394M 2 ECARX Technol.. | $200M | Series A Link
32-- Online Self Paced Test Preparation Courses $390M 1 Fenbi | $390M | Series A Link
33▲41 Small Satellite Launch Vehicles $378M 4 Landspace | $175M | Series C Link
34▲63 Personal Fitness Training Apps $360M 1 Keep | $360M | Series F Link
35▼15 Big Data Analytics $330M 7 MiningLamp | $200M | Series E Link
36-- Valvular Disorder Drugs $313M 2 LianBio | $310M | Series D Link
37-- Virtual Classroom For Higher Education $305M 4 ClassIn | $265M | Series C Link
38▲15
Healthcare IT > Provider > Professional Network >
Clinical Resources
$305M 1 Medbanks | $305M | Series E Link
39-- SoC for Automotive $304M 2 Black Sesame .. | $231M | Series C Link
40▲42 Electronic Signature $289M 2 eSign | $150M | Series D 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 Private 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▲45 Electronic Signature $289M 2 eSign | $150M | Series D Link
42▲70 Professional Service Robots > Multi Utility $278M 22 MegaRobo | $65.0M | Series B Link
43▲351 Learning Management System $273M 4 Wing-Owl Educ.. | $265M | Series C Link
44-- NewSQL Database $270M 2 PingCAP | $270M | Series D Link
45▲254 Residential Real Estate Listings $265M 3 Anjuke | $250M | Series E Link
46-- HRMS for Enterprises $260M 2 Beisen | $260M | Series F Link
47▲85 Gene Editing Platforms $255M 6 Qixin Biotec.. | $67.0M | Series A Link
48▲109 Facial Biometric Systems $249M 5 Black Sesame .. | $231M | Series C Link
49-- Embedded Vision $231M 1 Black Sesame .. | $231M | Series C Link
50▲41 Genomic Data Analysis Platforms $231M 4 3DMed | $224M | Series D 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 Private 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
$5.6B (▲2583%)
8(▲167%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.9B
2
-
2
2
Online Grocery (Xingsheng Community Network Service)
(# Cos: 442 | $22.7B)
B2C Ecommerce (Dmall)
(# Cos: 309 | $17.6B)
Fruits and Vegetables (Fruitday)
(# Cos: 38 | $6.2B)
Social Commerce (Hunan Xingsheng
Preferred E-Commerce)
(# Cos: 3 | $5.9B)
Group Buying (Beijing Shihui
Technology)
(# Cos: 2 | $5.9B)
Beijing Shihui Technol..
(2018, Chaoyang, $1.2B)
Hunan Xingsheng Prefer..
(2018, Changsha, $4.6B)
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
Hunan Xingsheng Pr.. (2018, Changsha)
$800M - Series C - Jul 2020
Beijing Shihui Tec.. (2018, Chaoyang)
$750M - Series D - Mar 2021
Hunan Xingsheng Pr.. (2018, Changsha)
$700M - Series C - Dec 2020
Beijing Shihui Tec.. (2018, Chaoyang)
$196M - Series C - Nov 2020
Hunan Xingsheng Pr.. (2018, Changsha)
$100M - Series C - Jan 2021
Beijing Shihui Tec.. (2018, Chaoyang)
$80.0M - Series C - Jul 2020
View all 8 Funding Rounds on Tracxn Platform

10. Copyright © 2021, Tracxn Technologies Private 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)
$664M - Series B - Jan 2021
Beijing Che Lixing .. (2015, Beijing)
$550M - Series D - Jun 2020
Xiaopeng (2014, Guangzhou)
$500M - Series C - Jul 2020
Xiaopeng (2014, Guangzhou)
$400M - Series C - Jul 2020
AIWAYS (2017, Shanghai)
$476K - Series D - May 2021
View all 9 Funding Rounds on Tracxn Platform
Electric Cars - China
02
10
Back to index
Electric Vehicles (A123 Systems)
(# Cos: 896 | $25.6B)
Automaker (Segway-Ninebot)
(# Cos: 626 | $22.1B)
Cars (Xiaopeng)
(# Cos: 49 | $21.6B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$4.3B (▲222%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$21.6B
27
4
49
13
Xiaopeng
(2014, Guangzhou, $2.6B)
NIO
(2014, Shanghai, $1.1B)
BAIC Motor
(2010, Beijing)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Truck Booking Marketplace - 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
$3.8B (▲ >10K%)
6(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$9.2B
24
-
36
8
Logistics Tech (AfterShip)
(# Cos: 546 | $27.1B)
Freight (OpenPort)
(# Cos: 244 | $12.3B)
Trucking (Gogovan)
(# Cos: 130 | $11.2B)
Heavy Cargo (Huolala)
(# Cos: 41 | $9.8B)
Marketplace (Guiyang Trucks
Technology)
(# Cos: 36 | $9.2B)
Guiyang Trucks Technol..
(2008, Guiyang, $170M)
Huolala
(2013, Shenzhen, $2.4B)
Yunmanman
(2013, Nanjing, $3.8B)
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

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online B2C Grocery Group Buying -
China
04
12
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 (▲9150%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.0B
3
-
3
1
Online Grocery (Yijiupi)
(# Cos: 442 | $22.7B)
B2C Ecommerce (Yesmywine)
(# Cos: 309 | $17.6B)
Multi Category (Dmall)
(# Cos: 142 | $10.5B)
Retailer (Missfresh)
(# Cos: 92 | $9.2B)
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

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Subscription Based K-12 Tutoring
- China
05
13
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%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.0B
1
-
1
1
K-12 EdTech (Ambow Education)
(# Cos: 586 | $15.7B)
B2C Learning Solutions (51Talk)
(# Cos: 283 | $12.5B)
School Curriculum (Zhangmen)
(# Cos: 155 | $9.8B)
Multi Subject (Zuoyebang)
(# Cos: 142 | $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)
$1.2B - Series G - Aug 2020
Yuanfudao (2012, Chaoyang)
$1.0B - Series G - Oct 2020
Yuanfudao (2012, Chaoyang)
$300M - Series G - Dec 2020

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Homework Help For K-12 Students -
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
$2.4B (▲6614%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.1B
12
-
13
2
K-12 EdTech (Ambow Education)
(# Cos: 586 | $15.7B)
B2C Learning Solutions (51Talk)
(# Cos: 283 | $12.5B)
School Curriculum (Zhangmen)
(# Cos: 155 | $9.8B)
Multi Subject (Yuanfudao)
(# Cos: 142 | $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
Zuoyebang (2014, Beijing)
$750M - Series E - Jun 2020

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Lalamove (2013, Hong Kong)
$1.3B - Series F - Jan 2021
Lalamove (2013, Hong Kong)
$515M - Series E - Dec 2020
Pickupp (2016, Hong Kong)
Undisclosed - Series A - Nov 2020
Last Mile Ecommerce Delivery - China
07
15
Back to index
Logistics Tech (Cainiao)
(# Cos: 546 | $27.1B)
Ecommerce Logistics (AfterShip)
(# Cos: 100 | $5.1B)
Last Mile (Lalamove)
(# Cos: 5 | $2.3B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.8B ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.3B
5
-
5
1
Lalamove
(2013, Hong Kong, $2.3B)
Pickupp
(2016, Hong Kong)
Xiaoxiangyizhan
(2017, Xuhui)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
J&T Express (2019)
$1.8B - Series D - Apr 2021
Xiaobang Kuaisong (2016, Zhongshan)
Undisclosed - Seed - Dec 2020
Online First Courier Services - China
08
16
Back to index
Logistics Tech (AfterShip)
(# Cos: 546 | $27.1B)
Parcel (Dada)
(# Cos: 103 | $8.1B)
Courier Services (J&T Express)
(# Cos: 15 | $1.8B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.8B ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.8B
7
-
15
1
J&T Express
(2019, $1.8B)
Birdex
(2013, Shenzhen, $5.0M)
Spaceship
(2019, Hong Kong)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
AI Processors - China
09
17
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$1.4B (▲316%)
16(▲77.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$3.5B
31
1
40
13
AI Infrastructure (SenseTime)
(# Cos: 135 | $10.4B)
Enabling Technologies (CloudFactory)
(# Cos: 55 | $3.7B)
Hardware (Canaan)
(# Cos: 40 | $3.5B)
Processors (AISpeech)
(# Cos: 40 | $3.5B)
AISpeech
(2007, Suzhou, $179M)
Canaan
(2013, Haidian, $43.5M)
Horizon Robotics
(2015, Beijing, $1.6B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Horizon Robotics (2015, Beijing)
$400M - Series C - Jan 2021
Horizon Robotics (2015, Beijing)
$350M - Series C - Feb 2021
Shanghai Liaoyuan .. (2018, Shanghai)
$278M - Series C - Jan 2021
Shanghai Tianshu Z.. (2018, Shanghai)
$186M - Series C - Mar 2021
Horizon Robotics (2015, Beijing)
$150M - Series C - Dec 2020
IntelliFusion (2014, Shenzhen)
$147M - Series D - Sep 2020
Vastai Technologies (2018, Pudong)
$77.1M - Series A - Apr 2021
View all 16 Funding Rounds on Tracxn Platform

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Vehicle Perception
Systems - 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
$1.3B ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.0B
5
-
5
2
Autonomous Vehicles (WeRide)
(# Cos: 80 | $4.3B)
Enabling Technologies (RoboSense)
(# Cos: 34 | $2.6B)
Perception (ECARX Technology)
(# Cos: 27 | $2.5B)
Diversified (Horizon Robotics)
(# Cos: 5 | $2.0B)
Horizon Robotics
(2015, Beijing, $1.6B)
ECARX Technology
(2016, Hangzhou, $394M)
LiangDao
(2015, Beijing)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Horizon Robotics (2015, Beijing)
$400M - Series C - Jan 2021
Horizon Robotics (2015, Beijing)
$350M - Series C - Feb 2021
ECARX Technology (2016, Hangzhou)
$200M - Series A - Feb 2021
ECARX Technology (2016, Hangzhou)
$194M - Series A - Oct 2020
Horizon Robotics (2015, Beijing)
$150M - Series C - Dec 2020

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Deep Learning Processing Units - 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
$1.2B (▲729%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.2B
4
-
4
3
Digital ICs (Vastai Technologies)
(# Cos: 85 | $3.6B)
Microprocessors (Vimicro)
(# Cos: 46 | $3.4B)
Artificial Intelligence and Machine
Learning (IntelliFusion)
(# Cos: 17 | $2.7B)
Deep Learning Processing Unit
(Horizon Robotics)
(# Cos: 4 | $2.2B)
Horizon Robotics
(2015, Beijing, $1.6B)
Shanghai Liaoyuan Tech..
(2018, Shanghai, $472M)
Cambricon
(2016, Beijing, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Horizon Robotics (2015, Beijing)
$400M - Series C - Jan 2021
Horizon Robotics (2015, Beijing)
$350M - Series C - Feb 2021
Shanghai Liaoyuan .. (2018, Shanghai)
$278M - Series C - Jan 2021
Horizon Robotics (2015, Beijing)
$150M - Series C - Dec 2020

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Unisoc (2001, Shanghai)
$815M - Series E - Apr 2021
YiChip (2013, Shanghai)
Undisclosed - Seed - Dec 2020
Telink Semiconductor (2010, Shanghai)
Undisclosed - Series B - Dec 2020
Jingshi Intelligen.. (2019, Chaoyang)
Undisclosed - Series A - Jan 2021
Shanghai Taisi Micro.. (2019, Pudong)
Undisclosed - Series A - May 2021
System On Chip for IoT Devices - China
12
20
Back to index
Internet of Things Infrastructure (Sensoro)
(# Cos: 329 | $3.3B)
IoT Chips (ASR Microelectronics)
(# Cos: 92 | $1.9B)
SoC (Espressif)
(# Cos: 26 | $1.5B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$815M (▲28.3%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.5B
21
-
26
2
Espressif
(2007, Shanghai, $3.3M)
Unisoc
(2001, Shanghai, $1.4B)
Canaan
(2013, Hangzhou)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Unisoc (2001, Shanghai)
$815M - Series E - Apr 2021
Analog and Mixed Signal ICs > System on chip >
Horizontal - China
13
21
Back to index
Analog and Mixed Signal ICs (Canaan)
(# Cos: 217 | $3.4B)
System on chip (Espressif)
(# Cos: 70 | $2.7B)
Horizontal (ASR Microelectronics)
(# Cos: 6 | $1.8B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$815M (▲8.1%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.8B
4
-
6
2
ASR Microelectronics
(2015, Shanghai, $319M)
Unisoc
(2001, Shanghai, $1.4B)
HiSilicon Technologies
(1991, Shenzhen)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Life Sciences Platforms and Tools > Research
Services - China
14
22
Back to index
Life Sciences Platforms and Tools (Transcenta)
(# Cos: 634 | $3.9B)
Research Services (Adagene)
(# Cos: 260 | $2.8B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$775M (▲67.2%)
30(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.8B
167
6
260
22
Adagene
(2012, Suzhou, $157M)
Transcenta
(2019, Suzhou, $205M)
EdiGene
(2015, Changping, $166M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lepu Biotechnology (2018, Shanghai)
$186M - Series B - Aug 2020
Transcenta (2019, Suzhou)
$105M - Series C - Dec 2020
Ruike (2019, Taizhou)
$100M - Series B - Dec 2020
Wuhan Binhui Biotechn.. (2010, Wuhan)
$94.9M - Series B - Feb 2021
EdiGene (2015, Changping)
$67.0M - Series B - Oct 2020
EdiGene (2015, Changping)
$61.5M - Series B - Apr 2021
CF PharmTech (2007, Wuxi)
$50.9M - Series F - Jul 2020
View all 30 Funding Rounds on Tracxn Platform

23. Copyright © 2021, Tracxn Technologies Private 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
National Star Aeros.. (2018, Chengdu)
$21.2M - Series A - Jul 2020
Small Satellite Manufacturers - China
15
23
Back to index
NewSpace (iSpace)
(# Cos: 38 | $1.8B)
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
$770M ( -- )
3( -- )
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.

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Momenta (2016, Beijing)
$500M - Series C - Mar 2021
WeRide (2017, Guangzhou)
$200M - Series B - Dec 2020
Hong Jing Drive (2018, Hangzhou)
$15.4M - Series A - May 2021
In-Driving (2016, Wuhan)
$8.5M - Seed - May 2021
iMotion (2016, Suzhou)
Undisclosed - Series B - Jul 2020
Beijing Zhixingzhe .. (2015, Beijing)
Undisclosed - Series C - Sep 2020
HoloMatic (2017, Beijing)
Undisclosed - Series A - Aug 2020
View all 11 Funding Rounds on Tracxn Platform
Autonomous Cars - China
16
24
Back to index
Autonomous Vehicles (Horizon Robotics)
(# Cos: 80 | $4.3B)
Self Driving Technology (Momenta)
(# Cos: 34 | $1.5B)
Cars (WeRide)
(# Cos: 21 | $1.2B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$715M (▲4972%)
11(▲120%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.2B
18
-
21
9
WeRide
(2017, Guangzhou, $362M)
Momenta
(2016, Beijing, $700M)
Beijing Zhixingzhe Tec..
(2015, Beijing, $18.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
4Paradigm (2014, Beijing)
$700M - Series D - Jan 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
17
25
Back to index
Big Data Analytics (TalkingData)
(# Cos: 140 | $3.9B)
Suite (Kyligence)
(# Cos: 36 | $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
$707M (▲135%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
14
-
15
2
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.

26. Copyright © 2021, Tracxn Technologies Private 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
18
26
Back to index
AI Infrastructure (SenseTime)
(# Cos: 135 | $10.4B)
Machine Intelligence Systems (4Paradigm)
(# Cos: 23 | $3.2B)
Machine Learning Platforms (Megvii)
(# Cos: 9 | $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
7
-
9
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.

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Biren Technology (2019, Shanghai)
$410M - Series B - Mar 2021
Biren Technology (2019, Shanghai)
$155M - Series A - Jun 2020
Biren Technology (2019, Shanghai)
$130M - Series A - Aug 2020
Biren Technology (2019, Shanghai)
Undisclosed - Series A - Jul 2020
General Purpose - China
19
27
Back to index
Digital ICs (Vastai Technologies)
(# Cos: 85 | $3.6B)
Microprocessors (Horizon Robotics)
(# Cos: 46 | $3.4B)
General Purpose (Biren Technology)
(# Cos: 6 | $695M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$695M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$695M
5
-
6
1
Biren Technology
(2019, Shanghai, $695M)
Loongson Technology
(2001, Beijing)
Zhaoxin Semiconductors
(2013, Shanghai)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online K-12 Tutoring - China
20
28
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$650M (▲211%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$9.2B
37
-
46
10
K-12 EdTech (Ambow Education)
(# Cos: 586 | $15.7B)
B2C Learning Solutions (51Talk)
(# Cos: 283 | $12.5B)
School Curriculum (Yuanfudao)
(# Cos: 155 | $9.8B)
Multi Subject (Zuoyebang)
(# Cos: 142 | $9.6B)
Online Tutoring (Snapask)
(# Cos: 46 | $9.2B)
Snapask
(2015, Hong Kong, $50.0M)
Zuoyebang
(2014, Beijing, $2.9B)
Yuanfudao
(2012, Chaoyang, $4.0B)
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
Yuanfudao (2012, Chaoyang)
$1.2B - Series G - Aug 2020
Yuanfudao (2012, Chaoyang)
$1.0B - Series G - Oct 2020
Zuoyebang (2014, Beijing)
$750M - Series E - Jun 2020
Zhangmen (2010, Baoshan)
$400M - Series F - Oct 2020
Yuanfudao (2012, Chaoyang)
$300M - Series G - Dec 2020
Huohua Siwei (2016, Beijing)
$150M - Series E - Aug 2020
View all 9 Funding Rounds on Tracxn Platform

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Drugs For Multiple Therapeutic Areas -
China
21
29
Back to index
Diversified Pharmaceuticals (Ascletis)
(# Cos: 99 | $2.7B)
Drugs (Adagene)
(# Cos: 99 | $2.7B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$613M (▲68.1%)
11(▲83.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.7B
71
7
99
13
Adagene
(2012, Suzhou, $157M)
Ascletis
(2011, Shaoxing, $255M)
CStone Pharma
(2016, Shanghai, $410M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hinova Pharmaceutic.. (2013, Sichuan)
$147M - Series C - Sep 2020
Xinnuo (2016, Suzhou)
$145M - Series C - Aug 2020
Abbisko Therapeutics (2016, Shanghai)
$123M - Series D - Jan 2021
Asieris Pharmaceuti.. (2010, Taizhou)
$106M - Series D - Nov 2020
Teligene (2011, Suzhou)
$93.0M - Series C - Feb 2021
Xinnuo (2016, Suzhou)
Undisclosed - Series C - Dec 2020
Asieris Pharmaceuti.. (2010, Taizhou)
Undisclosed - Series C - Oct 2020
View all 11 Funding Rounds on Tracxn Platform

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Health Information > Internet First Media
> Diversified > Videos - 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
$551M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$630M
1
-
1
1
Online Health Information (Babytree)
(# Cos: 58 | $1.5B)
Internet First Media (Guokang)
(# Cos: 31 | $635M)
Diversified (39.net)
(# Cos: 5 | $630M)
Videos (Miaoshou Doctor)
(# Cos: 1 | $630M)
Miaoshou Doctor
(2015, Beijing, $630M)
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)
$84.7M - Series D - Jun 2020

31. Copyright © 2021, Tracxn Technologies Private 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
OpsMind (2017, Pudong)
Undisclosed - Seed - Jul 2020
Nanjing Yunxinda Te.. (2015, Beijing)
Undisclosed - Series A - Aug 2020
Zhuyun (2013, Shanghai)
Undisclosed - Series C - Nov 2020
iDCOS (2014, Hangzhou)
Undisclosed - Series C - Sep 2020
Cloud Management Platforms - China
23
31
Back to index
Cloud Infrastructure (Inspur)
(# Cos: 83 | $3.8B)
Cloud Governance Platform (CloudChef)
(# Cos: 31 | $624M)
Management (Alibaba Cloud)
(# Cos: 23 | $611M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$508M (▲3460%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$611M
13
-
23
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.

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Professional Network > Social
Platform > Doctors - China
24
32
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
-
$684M
2
-
3
1
Healthcare IT (WeDoctor)
(# Cos: 519 | $7.1B)
Provider (iCarbonX)
(# Cos: 373 | $5.5B)
Professional Network (Medbanks)
(# Cos: 18 | $1.3B)
Social Platform (Beijing Medical Hua Mobile
Medical Technology)
(# Cos: 3 | $684M)
Doctors (DXY)
(# Cos: 3 | $684M)
DXY
(2000, Beijing, $682M)
Beijing Medical Hua Mo..
(2016, Chaoyang, $2.2M)
MedLive
(2006, Beijing)
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

33. Copyright © 2021, Tracxn Technologies Private 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)
$129M - Series D - Jul 2020
Newlink Group (2016, Beijing)
$100M - Series D - Jan 2021
Wisdom Youke Networ.. (2016, Beijing)
Undisclosed - Series B - Jun 2020
Fuel Station Management Software -
China
25
33
Back to index
Oil & Gas Tech (Shenzhen Jinhang Energy Technology)
(# Cos: 26 | $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
$429M (▲148%)
4(▲100%)
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.

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Grocery Delivery - China
26
34
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$419M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$817M
18
-
20
2
Logistics Tech (AfterShip)
(# Cos: 546 | $27.1B)
Parcel (Daojia)
(# Cos: 103 | $8.1B)
Hyperlocal Delivery (Dada)
(# Cos: 85 | $6.3B)
B2C (Ele.me)
(# Cos: 69 | $4.9B)
Grocery (Dmall)
(# Cos: 20 | $817M)
Dmall
(2015, Beijing, $519M)
Beequick
(2014, Beijing, $110M)
ShanDianGou
(2014, Hangzhou, $65.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dmall (2015, Beijing)
$419M - Series C - Oct 2020

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Grocery > B2C Ecommerce > Multi Category >
Marketplace > Own Delivery Fleet - 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
$419M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.3B
27
-
40
2
Online Grocery (Yesmywine)
(# Cos: 442 | $22.7B)
B2C Ecommerce (Missfresh)
(# Cos: 309 | $17.6B)
Multi Category (Xingsheng Community Network
Service)
(# Cos: 142 | $10.5B)
Marketplace (Beequick)
(# Cos: 50 | $1.3B)
Own Delivery Fleet (Dmall)
(# Cos: 40 | $1.3B)
Dmall
(2015, Beijing, $519M)
Beequick
(2014, Beijing, $110M)
ShanDianGou
(2014, Hangzhou, $65.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dmall (2015, Beijing)
$419M - Series C - Oct 2020
Laisanjin (2014, Xiamen)
$2.9M - Seed - Jul 2020

36. Copyright © 2021, Tracxn Technologies Private 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 B - Feb 2021
Immvira (2015, Shenzhen)
$58.0M - Series B - Jun 2020
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
View all 10 Funding Rounds on Tracxn Platform
Cancer Drugs - China
28
36
Back to index
Oncology (Legend Biotechnology)
(# Cos: 202 | $9.3B)
Drugs (Harbour BioMed)
(# Cos: 139 | $7.6B)
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
$415M (▲80.5%)
10(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.0B
25
1
29
9
Gracell Bio
(2017, Shanghai, $195M)
Elpiscience
(2017, Pudong, $155M)
Beijing Jiakesi drug d..
(2015, Beijing, $55.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Cybersecurity Suite - China
29
37
Back to index
Cybersecurity (SenseTime)
(# Cos: 427 | $6.9B)
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 (▲1056%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$783M
13
-
14
3
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

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Smart Lockers - 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
$400M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
7
-
11
1
Logistics Tech (Lalamove)
(# Cos: 546 | $27.1B)
Ecommerce Logistics (AfterShip)
(# Cos: 100 | $5.1B)
Access Point (Xiaomai)
(# Cos: 15 | $1.2B)
Locker (Hive Box)
(# Cos: 11 | $1.1B)
Hive Box
(2015, Shenzhen, $1.1B)
Pakpobox
(2013, Shenzhen, $1.3M)
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

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Connected Vehicles > Smart Cockpit
Systems - China
31
39
Back to index
Connected Vehicles (PATEO)
(# Cos: 246 | $1.4B)
Smart Cockpit Systems (ECARX Technology)
(# Cos: 1 | $394M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$394M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$394M
1
-
1
1
ECARX Technology
(2016, Hangzhou, $394M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ECARX Technology (2016, Hangzhou)
$200M - Series A - Feb 2021
ECARX Technology (2016, Hangzhou)
$194M - Series A - Oct 2020

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Online Self Paced Test Preparation
Courses - China
32
40
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
-
10
2
Test Preparation Tech (Genshuixue)
(# Cos: 46 | $939M)
Digital Learning (Fenbi)
(# Cos: 41 | $889M)
Diversified (Wanxue Education)
(# Cos: 18 | $859M)
Self-Paced (Koolearn)
(# Cos: 10 | $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

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Landspace (2016, Beijing)
$175M - Series C - Sep 2020
iSpace (2016, Beijing)
$174M - Series B - Aug 2020
Galactic Energy (2018, Beijing)
$29.3M - Series A - Sep 2020
OneSpaceChina (2015, Beijing)
Undisclosed - Series B - Sep 2020
Small Satellite Launch Vehicles - China
33
41
Back to index
NewSpace (OneSpaceChina)
(# Cos: 38 | $1.8B)
Launch Vehicles (Landspace)
(# Cos: 7 | $958M)
Small Payload (iSpace)
(# Cos: 6 | $958M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$378M (▲256%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$958M
6
-
6
5
iSpace
(2016, Beijing, $277M)
Landspace
(2016, Beijing, $335M)
OneSpaceChina
(2015, Beijing, $116M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Personal Fitness Training Apps - China
34
42
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
-
27
1
Fitness & Wellness Tech (PICOOC)
(# Cos: 392 | $1.5B)
Physical Fitness (Huami)
(# Cos: 300 | $1.4B)
Fitness and Diet Training Apps (Mint network)
(# Cos: 76 | $747M)
Fitness (FitTime)
(# Cos: 51 | $722M)
Apps (Daily Yoga)
(# Cos: 30 | $692M)
Training (Keep)
(# Cos: 27 | $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

43. Copyright © 2021, Tracxn Technologies Private 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
Beijing Zhongke Wen.. (2017, Beijing)
$28.7M - Series C - Aug 2020
Boraydata (2014, Beijing)
$28.2M - Series C - Jun 2020
iReadyIT (2014, Beijing)
Undisclosed - Series A - Nov 2020
Beijing Jiuqi Zhito.. (2014, Beijing)
Undisclosed - Seed - Jun 2020
Big Data Analytics - China
35
43
Back to index
Big Data Analytics (TalkingData)
(# Cos: 140 | $3.9B)
Suite (Transwarp)
(# Cos: 36 | $2.6B)
End to End Analytics Platform
(Kyligence)
(# Cos: 21 | $1.3B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$330M (▲4%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
17
1
21
5
Kyligence
(2016, Shanghai, $118M)
MiningLamp
(2014, Beijing, $1.0B)
Gridsum
(2005, Beijing)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
LianBio (1999, Shanghai)
$310M - Series D - Oct 2020
LianBio (1999, Shanghai)
$3.0M - Series D - Apr 2021
Valvular Disorder Drugs - China
36
44
Back to index
Cardiac and Vascular Disorders (Venus MedTech)
(# Cos: 151 | $1.8B)
Drugs (Innovent)
(# Cos: 11 | $1.1B)
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 Private 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
ClassIn (2014, Haidian)
Undisclosed - Series B - Jul 2020
Virtual Classroom For Higher Education -
China
37
45
Back to index
Higher Education Tech (Dyad)
(# Cos: 147 | $711M)
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.

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Professional Network
> Clinical Resources - China
38
46
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 (WeDoctor)
(# Cos: 519 | $7.1B)
Provider (iCarbonX)
(# Cos: 373 | $5.5B)
Professional Network (DXY)
(# Cos: 18 | $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

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Black Sesame Technol.. (2016, Pudong)
$231M - Series C - Apr 2021
Nanjing Core Semico.. (2018, Nanjing)
$73.3M - Series A - Sep 2020
SoC for Automotive - China
39
47
Back to index
Analog and Mixed Signal ICs (Canaan)
(# Cos: 217 | $3.4B)
System on chip (Espressif)
(# Cos: 70 | $2.7B)
Automotive (Black Sesame Technologies)
(# Cos: 7 | $419M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$304M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$419M
4
-
7
2
Black Sesame Technolog..
(2016, Pudong, $346M)
Nanjing Core Semicondu..
(2018, Nanjing, $73.3M)
SENASIC
(2015, Shanghai)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Electronic Signature - China
40
48
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%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$576M
9
-
10
2
Legal Tech (Digital Reef)
(# Cos: 94 | $883M)
Legal Contract Management (eSign)
(# Cos: 14 | $576M)
Contract Creation (BestSign)
(# Cos: 11 | $576M)
e-Signature (Fadada)
(# Cos: 10 | $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

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Electronic Signature - China
41
49
Back to index
Digital Transaction Management (BestSign)
(# Cos: 27 | $578M)
Electronic Signature (Fadada)
(# Cos: 12 | $576M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$289M (▲189%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$576M
9
-
12
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

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Professional Service Robots > Multi
Utility - China
42
50
Back to index
Professional Service Robots (Shenzhen Pudu
Technology)
(# Cos: 223 | $3.0B)
Multi Utility (UBTECH)
(# Cos: 88 | $1.9B)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$278M (▲335%)
22(▲267%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.9B
55
-
88
9
UBTECH
(2012, Shenzhen, $1.3B)
TMiRob
(2015, Shanghai, $37.2M)
ULS Robotics
(2018, Shanghai)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MegaRobo (2016, Beijing)
$65.0M - Series B - May 2021
Candela (2016, Nanshan)
$57.1M - Series B - Apr 2021
JAKA (2014, Minhang)
$46.3M - Series C - Jan 2021
Elite Technology (2016, Haidian)
$30.8M - Series B - Apr 2021
MegaRobo (2016, Beijing)
$30.0M - Series B - Nov 2020
MegaRobo (2016, Beijing)
$30.0M - Series B - Feb 2021
Zhihuilin (2019, Shanghai)
$18.5M - Series B - Jan 2021
View all 22 Funding Rounds on Tracxn Platform

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Wing-Owl Education (2014, Beijing)
$265M - Series C - Nov 2020
Beijing HexFuture T.. (2016, Beijing)
$7.6M - Series A - Apr 2021
Wuji Education Cloud (2018, Hangzhou)
Undisclosed - Series A - Sep 2020
Wing-Owl Education (2014, Beijing)
Undisclosed - Series B - Jul 2020
Learning Management System - China
43
51
Back to index
K-12 EdTech (Snapask)
(# Cos: 586 | $15.7B)
School IT (SchoolPal Online)
(# Cos: 103 | $761M)
Learning Management System (Wing-
Owl Education)
(# Cos: 28 | $358M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$273M (▲6337%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$358M
14
1
28
2
Wing-Owl Education
(2014, Beijing, $280M)
Beijing HexFuture Tech..
(2016, Beijing, $11.9M)
Classba
(2014, Shanghai, $62.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
PingCAP (2015, Beijing)
$270M - Series D - Nov 2020
SequoiaDB (2012, Shenzhen)
Undisclosed - Series D - Oct 2020
NewSQL Database - China
44
52
Back to index
Database Technology (Zilliz)
(# Cos: 35 | $548M)
Relational (SequoiaDB)
(# Cos: 10 | $515M)
NewSQL (PingCAP)
(# Cos: 2 | $362M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$270M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$362M
2
-
2
2
PingCAP
(2015, Beijing, $342M)
SequoiaDB
(2012, Shenzhen, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Residential Real Estate Listings - China
45
53
Back to index
Residential Real Estate Tech (Ziroom)
(# Cos: 144 | $11.3B)
Listings (Anjuke)
(# Cos: 58 | $797M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$265M (▲1781%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$797M
36
3
58
4
Anjuke
(2007, Shanghai, $322M)
SouFun
(1999, Beijing, $6.0M)
Uhouzz
(2014, Tianjin, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anjuke (2007, Shanghai)
$250M - Series E - Mar 2021
Zhuge (2002, Beijing)
$14.9M - Series C - Oct 2020
Zhuge (2002, Beijing)
Undisclosed - Series C - Aug 2020

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
HRMS for Enterprises - China
46
54
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$260M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$520M
9
-
24
1
HRTech (Zhaopin)
(# Cos: 516 | $3.5B)
HRMS (Joyowo)
(# Cos: 67 | $883M)
Suite (GaiaWorks)
(# Cos: 63 | $881M)
Enterprise (Beisen)
(# Cos: 24 | $520M)
Beisen
(2002, Beijing, $390M)
Daydao
(2014, Shenzhen, $121M)
Zhisiyun
(2013, Xuhui, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Beisen (2002, Beijing)
$260M - Series F - May 2021
Shanghai Renyun Infor.. (2013, Xinyi)
Undisclosed - Seed - Aug 2020

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Gene Editing Platforms - China
47
55
Back to index
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$255M (▲431%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$453M
6
-
6
4
Genomics (Insilico)
(# Cos: 429 | $4.8B)
Enabling Technologies (Sansure)
(# Cos: 137 | $1.1B)
Technology Platforms (Weiyuan Gene)
(# Cos: 17 | $498M)
Gene Editing (EdiGene)
(# Cos: 6 | $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.
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
Weiyuan Gene (2018, Guangzhou)
$28.8M - Series B - Aug 2020
PackGene (2014, Guangzhou)
Undisclosed - Series B - Aug 2020

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Facial Biometric Systems - 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
$249M (▲645%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$443M
17
-
32
6
Security & Surveillance Technology (YI Technology)
(# Cos: 648 | $4.7B)
PIAM (ZOLOZ)
(# Cos: 168 | $949M)
Biometrics System (Face++)
(# Cos: 70 | $502M)
Facial Biometrics (Black Sesame
Technologies)
(# Cos: 32 | $443M)
Black Sesame Technolog..
(2016, Pudong, $346M)
Face++
(2011, Beijing)
Reconova
(2012, Xiamen, $37.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Black Sesame Technol.. (2016, Pudong)
$231M - Series C - Apr 2021
Moredian (2017, Hangzhou)
$18.2M - Series C - Nov 2020
DiluSense (2015, Beijing)
Undisclosed - Series A - Jun 2020
Reconova (2012, Xiamen)
Undisclosed - Series C - Nov 2020
Uface (2014, Hangzhou)
Undisclosed - Series B - Dec 2020

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
Black Sesame Technol.. (2016, Pudong)
$231M - Series C - Apr 2021
Embedded Vision - China
49
57
Back to index
Embedded Systems (Greenliant)
(# Cos: 28 | $372M)
Embedded Applications (Beijing Guoke Huanyu
Technology)
(# Cos: 7 | $346M)
Embedded Vision (Black Sesame
Technologies)
(# Cos: 2 | $346M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$231M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$346M
1
-
2
1
Black Sesame Technolog..
(2016, Pudong, $346M)
Huayuan Intelligent
(2019, Dongguan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
China Tech - Top Business Models Report
Recent Funding Rounds
3DMed (2010, Shanghai)
$224M - Series D - Oct 2020
XTAO (2015, Chaoyang)
$7.1M - Seed - Jun 2020
3DMed (2010, Shanghai)
Undisclosed - Series C - Oct 2020
SeekGene (2015, Changping)
Undisclosed - Series A - Jan 2021
Genomic Data Analysis Platforms - China
50
58
Back to index
Genomics (Burning Rock)
(# Cos: 429 | $4.8B)
Genome Informatics (iCarbonX)
(# Cos: 30 | $690M)
Integrative Bioinformatics Platforms
(Insilico)
(# Cos: 19 | $690M)
Taxonomy
$ Invested in last 1 year in China Tech
Key Stats
# Funding Rounds in last 1 year in
China Tech
$231M (▲169%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$690M
14
-
19
4
Insilico
(2014, Hong Kong, $49.8M)
iCarbonX
(2015, Shenzhen, $215M)
3DMed
(2010, Shanghai, $365M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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