In Guangzhou, many creative startups are changing different industries. This list shares the top 6 unicorns in Guangzhou, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Guangzhou a center of innovation. Learn about the amazing companies that call Guangzhou home.
List of Top 6 Unicorns in Guangzhou
1. WeRide
A Chinese autonomous driving technology company that provides autonomous driving solutions and services for vehicles.
Company Details:
- Country: China
- Valuation: $4.40B
- Industry: Auto & transportation
- Founded Year: 2017
- Total Funding Raised: $789M
- Joined Unicorn Club: 12/23/2020
- Key Investors: Atop Capital, IDInvest Partners, Qiming Venture Partners
- Total Investors: 30
- Total Funding Deals: 6
- Website: https://www.weride.ai/
2. Cloudwalk
A Chinese facial recognition technology company that provides facial recognition solutions and services for businesses.
Company Details:
- Country: China
- Valuation: $3.32B
- Industry: Artificial intelligence
- Founded Year: 2015
- Total Funding Raised: $778.82M
- Joined Unicorn Club: 10/8/2018
- Key Investors: Oriza Holdings, Guangdong Technology Financial Group
- Total Investors: 38
- Total Funding Deals: 1
- Website: http://www.cloudwalk.cn/
3. Yaoshibang
A Chinese online medical consultation platform that provides medical consultation solutions and services for individuals.
Company Details:
- Country: China
- Valuation: $1.35B
- Industry: Health
- Founded Year: 2015
- Total Funding Raised: $497.19M
- Joined Unicorn Club: 6/15/2021
- Key Investors: Green Pine Capital Partners, Ivy Capital, DCM Ventures
- Total Investors: 15
- Total Funding Deals: 2
- Website: https://www.ysb.cn/
4. TUNGEE
A Chinese internet of things (IoT) company that provides IoT solutions and services for businesses.
Company Details:
- Country: China
- Valuation: $1.30B
- Industry: Artificial Intelligence
- Founded Year: 2016
- Total Funding Raised: $171.05M
- Joined Unicorn Club: 12/15/2021
- Key Investors: UNITY VENTURES, Qiming Venture Partners, GGV Capital
- Total Investors: 9
- Total Funding Deals: 1
- Website: https://www.tungee.com/
5. WTOIP
A Chinese intellectual property service company that provides intellectual property service solutions and services for businesses.
Company Details:
- Country: China
- Valuation: $1.27B
- Industry: Internet software & services
- Founded Year: 2013
- Total Funding Raised: $306.98M
- Joined Unicorn Club: 4/8/2018
- Key Investors: Dark Horse Technology Group, Hopu Investment Management, Kefa Capital
- Total Investors: 11
- Total Funding Deals: 1
- Website: https://www.wtoip.com/
6. Greater Bay Technology
A Chinese AI and big data company that provides AI and big data solutions and services for businesses.
Company Details:
- Country: China
- Valuation: $1.26 B
- Industry: Hardware
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 4/2/2022
- Key Investors: Tencent Holdings, Utrust Venture Capital, GF Xinde Investment Management Co.
- Total Investors: –
- Total Funding Deals: –
- Website: http://www.gbt.com.cn/
Conclusion
In conclusion, the top 6 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Guangzhou. As these companies reshape industries and set new standards, Guangzhou is sure to secure its place as a global leader in innovation and growth.