In Suzhou, many creative startups are changing different industries. This list shares the top 2 unicorns in Suzhou, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Suzhou a center of innovation. Learn about the amazing companies that call Suzhou home.
List of Top 2 Unicorns in Suzhou
1. Abogen
A Chinese biotechnology company that provides COVID-19 testing solutions and services.
Company Details:
- Country: China
- Valuation: $3.70 B
- Industry: Health
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 11/29/2021
- Key Investors: Hillhouse Capital Management, SoftBank Group, Qiming Venture Partners
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.abogen.com/
2. Yunxuetang
A Chinese online education platform that provides online education solutions and services for individuals.
Company Details:
- Country: China
- Valuation: $1B
- Industry: Edtech
- Founded Year: 2011
- Total Funding Raised: $397.28M
- Joined Unicorn Club: 3/29/2021
- Key Investors: Matrix Partners China, Sequoia Capital China, Hundreds Capital
- Total Investors: 9
- Total Funding Deals: 1
- Website: https://www.yunxuetang.cn/
Conclusion
In conclusion, the top 2 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Suzhou. As these companies reshape industries and set new standards, Suzhou is sure to secure its place as a global leader in innovation and growth.