The startup scene in China

A 2025 Nanjing government article summarizing a sector report lists future networks, third-generation semiconductors, and innovative-drug R&D as local strengths. It reports future-networks sector scale above RMB 20 billion, with 6G, cybersecurity, and optical communications as focus areas. [1][2]

Startup Genome reports Nanjing ecosystem value of $93 billion for H2 2023–2025, using exits and startup valuations and including active unicorns. It also reports $924 million in Seed and Series A tech startup funding for that period, and $7 billion in ecosystem exit value for 2021–2025. [3][4][5]

CCPIT Nanjing describes ESTUN Automation as a Nanjing-based industrial robotics and smart-manufacturing company, and reports that its industrial-robot shipments ranked first in China's market in 2025; the article does not provide the ranking method. CCPIT Nanjing also reports nearly 200 robotics firms and an expectation of RMB 40 billion in 2025 core-industry revenue, not an audited final result. [6][7][8]

Xinhua Daily reporting reposted by the Nanjing Investment Promotion Agency describes more than 1,300 biomedical firms in Jiangbei New Area's Biomedical Valley, a specific Nanjing sub-area. The same source reports five unicorns and 61 potential unicorns in Jiangbei New Area on its 2025 list. [9][10]