Top Unicorn Startups in Hong Kong for 2025

In Hong Kong, we rank 11 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Hong Kong are falling behind the performance of their global counterparts.

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Top Unicorn Startups in Hong Kong for 2025

SB Score:786

Klook is the leading travel and leisure e-commerce platform for experiences and services anytime, anywhere. Klook curates the most joyful experiences so that users can satisfy their relentless curiosity for adventure and experiences at home and around the world. With our website and app, users can experience a world of joy, from attractions, tours to local transportation and stays. Founded in 2014, Klook is inspired to enable more moments of joy through over half-million activities in over 1,000 destinations.

Industry:
Social & Leisure
Subindustry:
Communities

National Rank (China)

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Regional Rank (East Asia)

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SB Score:781

Lalamove provides fast and reliable on-demand delivery services for businesses and individuals in need of urgent shipping solutions. Whether it's packages, documents, or goods, Lalamove ensures same-day delivery with ease and efficiency.

Industry:
Transportation
Subindustry:
Logistics

National Rank (China)

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SB Score:696

Cider is an e-commerce platform targeting international markets, specializing in directly selling cider to consumers. With a focus on overseas customers, Cider offers a seamless online shopping experience for cider enthusiasts worldwide.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (China)

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Regional Rank (East Asia)

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Total amount:11

Best Fintech Startups in Hong Kong for 2025

Hong Kong startups in the Fintech industry are overperforming their global industry peers. The top three Fintech unicorns in Hong Kong have raised more than USD 428M, an amount that is higher than the global industry average.
SB Score:535

Founded in 2013 in Hong Kong, WeLab is reinventing traditional financial services by creating seamless mobile lending experiences. With its proprietary risk management technology, WeLab effectively analyses unstructured mobile big data within seconds to make credit decisions for individual borrowers.

Industry:
Fintech
Subindustry:
Financial Technology

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SB Score:498

Amber Group is a crypto finance service provider that provides liquidity provision, trading, and asset management services. Amber Group was founded in 2017 by a group of finance professionals from Morgan Stanley, Goldman Sachs, and Bloomberg. Amber Group operates around the world and around the clock with a presence in Hong Kong, Taipei, Seoul, and Vancouver. The company provides services to 200+ institutional clients, cumulatively trading over $200 billion across 60+ electronic exchanges, with an average daily trading volume between $100-200 million. Amber Group is committed to serving clients around the globe by combining the best-in-class technology with sophisticated quantitative research to offer a streamlined crypto finance experience. Its goal is to optimize investment flexibility, maximize investment returns, and provide long-lasting value for its clients. In 2019, Amber Group raised $28 million in a Series A funding round led by global crypto heavyweights Paradigm and Pantera, with participation from Polychain Capital, Dragonfly Capital, Blockchain.com, Fenbushi Capital, and Coinbase Ventures.

Industry:
Fintech
Subindustry:
Blockchain

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Regional Rank (East Asia)

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SB Score:398

Babel Finance specializes in customized crypto asset lending and trading services for institutional investors and ultra-high-net-worth accredited clients. By providing tailored solutions, it ensures a seamless and secure experience for managing digital assets in the evolving cryptocurrency landscape.

Industry:
Fintech
Subindustry:
Blockchain

National Rank (China)

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Regional Rank (East Asia)

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Total amount:3

Most Valuable Unicorns in Hong Kong for 2025

The top three most valuable unicorns in Hong Kong have raised total funding of more than USD 2.57B. Among the top three funded unicorns, the most popular industry, based on total funding, is Fintech.
SB Score:498

Amber Group is a crypto finance service provider that provides liquidity provision, trading, and asset management services. Amber Group was founded in 2017 by a group of finance professionals from Morgan Stanley, Goldman Sachs, and Bloomberg. Amber Group operates around the world and around the clock with a presence in Hong Kong, Taipei, Seoul, and Vancouver. The company provides services to 200+ institutional clients, cumulatively trading over $200 billion across 60+ electronic exchanges, with an average daily trading volume between $100-200 million. Amber Group is committed to serving clients around the globe by combining the best-in-class technology with sophisticated quantitative research to offer a streamlined crypto finance experience. Its goal is to optimize investment flexibility, maximize investment returns, and provide long-lasting value for its clients. In 2019, Amber Group raised $28 million in a Series A funding round led by global crypto heavyweights Paradigm and Pantera, with participation from Polychain Capital, Dragonfly Capital, Blockchain.com, Fenbushi Capital, and Coinbase Ventures.

Industry:
Fintech
Subindustry:
Blockchain

National Rank (China)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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SB Score:398

Babel Finance specializes in customized crypto asset lending and trading services for institutional investors and ultra-high-net-worth accredited clients. By providing tailored solutions, it ensures a seamless and secure experience for managing digital assets in the evolving cryptocurrency landscape.

Industry:
Fintech
Subindustry:
Blockchain

National Rank (China)

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Regional Rank (East Asia)

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Trendy International Group, founded in 1999, is a dynamic fashion and lifestyle retailer known for seamlessly blending art and commerce. Their innovative approach has made them a leader in the industry, offering a unique shopping experience for customers worldwide.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (China)

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Regional Rank (East Asia)

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SB Score:471

Micro Connect is a platform that connects global investors with China's micro and small businesses, enabling easier access to financial markets. By bridging this gap, it empowers these enterprises to secure the funding they need for growth and innovation.

Industry:
Software & Data
Subindustry:
Data Analytics

National Rank (China)

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Regional Rank (East Asia)

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SB Score:781

Lalamove provides fast and reliable on-demand delivery services for businesses and individuals in need of urgent shipping solutions. Whether it's packages, documents, or goods, Lalamove ensures same-day delivery with ease and efficiency.

Industry:
Transportation
Subindustry:
Logistics

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

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SB Score:242

Symphony revolutionizes Predictive Maintenance with IoT and Machine Learning. Their innovative solution enhances efficiency and reduces downtime by predicting equipment failures before they occur.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

National Rank (China)

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Regional Rank (East Asia)

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Global Rank (WorldWide)

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SB Score:786

Klook is the leading travel and leisure e-commerce platform for experiences and services anytime, anywhere. Klook curates the most joyful experiences so that users can satisfy their relentless curiosity for adventure and experiences at home and around the world. With our website and app, users can experience a world of joy, from attractions, tours to local transportation and stays. Founded in 2014, Klook is inspired to enable more moments of joy through over half-million activities in over 1,000 destinations.

Industry:
Social & Leisure
Subindustry:
Communities

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:614

Hashkey they offers investment opportunities and solutions to institutions, family offices, funds, and professional accredited investors across the digital asset and blockchain ecosystem.

Industry:
Software & Data
Subindustry:
Enterprise Technology

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

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SB Score:696

Cider is an e-commerce platform targeting international markets, specializing in directly selling cider to consumers. With a focus on overseas customers, Cider offers a seamless online shopping experience for cider enthusiasts worldwide.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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10th

WeLab
SB Score:535

Founded in 2013 in Hong Kong, WeLab is reinventing traditional financial services by creating seamless mobile lending experiences. With its proprietary risk management technology, WeLab effectively analyses unstructured mobile big data within seconds to make credit decisions for individual borrowers.

Industry:
Fintech
Subindustry:
Financial Technology

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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Total amount:11

Top Hiring Unicorns in Hong Kong by Employee Number

The top three hiring unicorns in Hong Kong have an average employee size that is larger than to the global average. Among these, the Software & Data industry features the unicorn with the largest workforce.
SB Score:413

Poizon is a dynamic online platform where shoe enthusiasts can browse, connect with sellers, and participate in auctions to snag their dream kicks. With a wide range of options and a user-friendly interface, Poizon makes it easy for buyers to find the perfect pair of shoes.

Industry:
Software & Data
Subindustry:
Apps

National Rank (China)

0

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Regional Rank (East Asia)

0

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Global Rank (WorldWide)

0

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SB Score:781

Lalamove provides fast and reliable on-demand delivery services for businesses and individuals in need of urgent shipping solutions. Whether it's packages, documents, or goods, Lalamove ensures same-day delivery with ease and efficiency.

Industry:
Transportation
Subindustry:
Logistics

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:535

Founded in 2013 in Hong Kong, WeLab is reinventing traditional financial services by creating seamless mobile lending experiences. With its proprietary risk management technology, WeLab effectively analyses unstructured mobile big data within seconds to make credit decisions for individual borrowers.

Industry:
Fintech
Subindustry:
Financial Technology

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:786

Klook is the leading travel and leisure e-commerce platform for experiences and services anytime, anywhere. Klook curates the most joyful experiences so that users can satisfy their relentless curiosity for adventure and experiences at home and around the world. With our website and app, users can experience a world of joy, from attractions, tours to local transportation and stays. Founded in 2014, Klook is inspired to enable more moments of joy through over half-million activities in over 1,000 destinations.

Industry:
Social & Leisure
Subindustry:
Communities

National Rank (China)

0

View

Regional Rank (East Asia)

0

View

Global Rank (WorldWide)

0

Browse
View full page

Total amount:11

Explore the Startup Ecosystem of Hong Kong

National Rank

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5th

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Regional Rank

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7th

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Global Rank

(WorldWide)

37th

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Quantity Score
Quality ScoreBusiness Score
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109.406
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73.512
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