China
Asia · Pop. 1409M · #2 startup ecosystem by EV · WithinWorldAsia PacificG20South-eastern Asia, Eastern Asia, and OceaniaUpper Middle Income Countries (UN definition)AsiaEast AsiaChina
1 Startup funnel
China's startup funnel
Companies headquartered in China at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
2 Latest quarter
China's latest quarter in venture capital
Venture capital raised by China-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by China-headquartered companies…
3 Enterprise value
How much China’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in China, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
4 VC investment
How much venture capital flows into China
VC investment into China-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
5 Largest rounds
Largest funding rounds in China
A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a company headquartered in China, grouped by Dealroom sector.
Largest rounds in China - 2024–2026
6 Startup hubs
Inside China: 12 startup hubs, 567 universities
Hubs are sized by combined enterprise value; universities and research institutes by the startup founders they produced. Hover any point for its numbers; the lists rank hubs by EV and universities by founders.
7 Founder origins
Where China's unicorn founders build
1,152 founders born in China are behind 565 unicorns; 15% of those were built in the US. Origins are resolved from biography and education history, not current address. Compare with the other origin countries in Asia, ranked by founders or per 1M inhabitants.
8 Location comparison
Unicorns, decacorns and centicorns — China in a global comparison
Companies count where they were founded or are headquartered. Values are per 1M people or totals, as a share of the US (US = 100%) or absolute; bars scale to the largest value in each column. Hover any value for the per-1M rate and absolute count.
9 Patent intelligence
China startup IP portfolio: 1.2M patent families
Granted patent families assigned to startups headquartered in China. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.
10 Sector concentration
Where China punches above its weight
Sectors in which China's share of the global unicorn pool is bigger than its overall share. A 5× over-index means China is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.
More data
Explore Dealroom data →Get the full China ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.