The Startup Ecosystem of Hangzhou
Hangzhou has 805 startups in our sample database. This represents about 8% of China’s startups. Hangzhou is the 4th best startup ecosystem in China.
CITY RANKING
In 2024, the startup scene of Hangzhou shows much promise after advancing in the Global Ecosystem Index by 2 spots.
National Ranking
In China
Regional Ranking
In East Asia
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Hangzhou Top Startup Industries
24 startups
43 startups
88 startups
Unlock with pro
Ecosystem HealthCheck
Hangzhou Ecosystem Health Check
The health check tables allow you to look at the performance Hangzhou has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Hangzhou
Become our Hangzhou Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Hangzhou2017 - 2024
Startup Funding in Hangzhou 2017 - 2024
From 2022 to 2023, startup funding in Hangzhou has increased by 19.1%. During this period, the number of deals in Hangzhou has increased by 7.69%. Since 2017, total startup funding in Hangzhou exceeded US$ $37.12B.
Average Funding in 2023
$29.93M
Funding in 2023
$4.61B
Deals in 2023
154
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Hangzhou
Global Rank
Hangzhou is ranked within the top 40 startup ecosystems globally.
Top Industries
Hangzhou’s startups excel particularly in Transportation where it ranks 9 and in Social & Leisure, and Hardware & IoT. Find out more
Top Cities for Startups in China - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 6th 0 | 109.406 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 7th 0 | 73.512 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 18th - 2 | 39.550 | 00.00 | 00.00 | 00.00 | |
4th 0 | 33rd + 2 | 23.303 | 00.00 | 00.00 | 00.00 | |
5th 0 | 37th - 1 | 22.034 | 00.00 | 00.00 | 00.00 | |
6th 0 | 52nd - 7 | 14.739 | 00.00 | 00.00 | 00.00 | |
7th 0 | 77th - 8 | 9.566 | 00.00 | 00.00 | 00.00 | |
8th 0 | 106th - 9 | 7.314 | 00.00 | 00.00 | 00.00 | |
9th + 1 | 131st - 6 | 5.238 | 00.00 | 00.00 | 00.00 | |
10th - 1 | 147th - 24 | 4.389 | 00.00 | 00.00 | 00.00 |
ECOSYSTEM
Why should you join Hangzhou's Startup Ecosystem?
Overview
Within Hangzhou there is an increased attraction for entrepreneurs to set up their startups in industries such as Transportation, Social & Leisure, Hardware & IoT. These three industries represent about 19% of the startups represented on the Startup Ecosystem Map of Hangzhou.
4th
National Rank
6th
Regional Rank
Overview
Hangzhou is China's 4th best startup ecosystem and is ranked 6th in East Asia. With a population of 2M - 10M people, Hangzhou is ranked 33rd in the world. The city has some notable startup success stories including Caocao Chuxing and its startup ecosystem infrastructure is strengthened by organizations such as Alibaba Group and Knowledge City.
ECOSYSTEM
Startup Infrastructure in Hangzhou
BLOG
Recent Posts
Wed Apr 02 2025
Corporate Startup Activity Index 2025
For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]
Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
Thu Feb 20 2025
Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems
In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]