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The Startup Ecosystem of Shanghai

Shanghai has 1,862 startups in our sample database. This represents about 19% of China’s startups. Shanghai is the 2nd best startup ecosystem in China.

CITY RANKING

Shanghai kept its position stable in the Global Startup Ecosystem Index of 2024, ranking 7th.

National Ranking

2nd
0
In China

Regional Ranking

2nd
0
In East Asia

Global Ranking

7th
0
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Shanghai Top Startup Industries

Transportation icon
Transportation
#3 worldwide

56 startups

Hardware & IoT icon
Hardware & IoT
#5 worldwide

218 startups

Healthtech icon
Healthtech
#7 worldwide

253 startups

Ecosystem HealthCheck

Shanghai Ecosystem Health Check

The health check tables allow you to look at the performance Shanghai 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
IndustryGlobal rankMomentum YoYNumber of Startups
Global7-41862
Transportation3-152
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Edtech00.0000.0000.00
Foodtech00.0000.0000.00
Energy & Environment00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Shanghai

Download list
Moody startup logo
Ecommerce & Retail | Consumer Goods
Unranked
ThePaper.cn startup logo
Social & Leisure | Digital Media
Unranked
Zhiji Auto startup logo
Hardware & IoT | Manufacturing
Unranked
Maketion startup logo
Software & Data | Apps
Unranked
Hozon startup logo
Transportation | Automotive
Unranked
UNISOC startup logo
Hardware & IoT | Consumer Electronics
Unranked
Dreame Technology startup logo
Hardware & IoT | Consumer Electronics
Unranked
Mabang ERP startup logo
Software & Data | Enterprise Technology
Unranked
Baozun Commerce startup logo
Ecommerce & Retail | Ecommerce
Unranked
Hacker Technology startup logo
Software & Data | Enterprise Technology
Unranked
Jushuitan Network Technology startup logo
Hardware & IoT | Consumer Electronics
Unranked

Browse 1851 more startups in Shanghai with the pro account.

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Startup Ecosystem Charts

Startup Funding in Shanghai2017 - 2024

Startup Funding in Shanghai 2017 - 2024

From 2022 to 2023, startup funding in Shanghai has decreased by 6.94%. During this period, the number of deals in Shanghai has decreased by 12.01%. Since 2017, total startup funding in Shanghai exceeded US$ $155.00B.

Average Funding in 2023

$43.91M

Shanghai
China
+5.76% YoY

Funding in 2023

$14.80B

Shanghai
China
-6.94% YoY

Deals in 2023

337

Shanghai
China
-12.01% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B0200400600800

Ecosystem

The Startup Ecosystem in Shanghai

Our startup ecosystem map for Shanghai includes a sample of 1,862 tech companies. We have identified as unicorns 36 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entity. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Shanghai is ranked within the top 10 startup ecosystems globally.

Top Industries

Shanghai’s startups excel particularly in Transportation where it ranks 3 and in Hardware & IoT, and Healthtech. Find out more

Top Cities for Startups in China - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
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
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Download CSV file
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Startups

Notable Startups in Shanghai
Moody startup icon
Moody
ThePaper.cn startup icon
ThePaper.cn
Zhiji Auto startup icon
Zhiji Auto

ECOSYSTEM

Why should you join Shanghai's Startup Ecosystem?

Overview

Within Shanghai there is an increased attraction for entrepreneurs to set up their startups in industries such as Transportation, Hardware & IoT, Healthtech. These three industries represent about 28% of the startups represented on the Startup Ecosystem Map of Shanghai.

2nd

National Rank

2nd

Regional Rank

Overview

Shanghai is China's 2nd best startup ecosystem and is ranked 2nd in East Asia. With a population of 10M+ people, Shanghai is ranked 7th in the world. The city has some notable startup success stories including Moody and its startup ecosystem infrastructure is strengthened by organizations such as Pinduoduo and Regus - Shanghai Bund Centre.

ECOSYSTEM
Startup Infrastructure in Shanghai
With a large variety of initiatives, Shanghai's startup ecosystem stands out from other cities in East Asia. Shanghai offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Shanghai's most prominent support initiatives:

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 […]