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Jingjinji Metropolitan Region

Metro area · China · Pop. 110M · #6 city by EV

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3,271 Pool of Funded Startups

New Startups

233 Annual Startups FoundedAll new ventures

302 Annual Startups FundedReceived investment

get funded 130%

2,206Startups

609 Pre-Seed Startups$100K–1M

822 Seed Startups$1–4M

775 Series A Startups$4–15M

Seed to Series A 25%

704Breakouts

452 Series B Breakouts$15–40M

A to Series B 41%

252 Series C Breakouts$40–100M

B to Series C 27%

361Scaleups

194 Mega Scaleups$100–250M

reach Mega 5.9%

167 Mega+ Scaleups$250M+

reach Mega+ 5.1%

179Valuation Outcomes

157 Unicorns($1–10B valuation)

reach Unicorn 4.8%

21 Decacorns($10–100B valuation)

reach Decacorn 0.64%

1 Centicorns($100B–1T valuation)

reach Centicorn 0.031%

Pre-Seed

609

Seed

822

Series A

775

Series B

452

Series C

252

Unicorn

157

Decacorn

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Quarterly report

Jingjinji Metropolitan Region's latest quarter in venture capital

VC raised by Jingjinji Metropolitan Region-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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Largest rounds

Largest funding rounds in Jingjinji Metropolitan Region

A live treemap of the largest VC rounds. Each cell is one round into Jingjinji Metropolitan Region-headquartered companies, grouped by Dealroom sector.

Largest rounds in Jingjinji Metropolitan Region - 2026

Every $40M+ VC round into Jingjinji Metropolitan Region-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Jingjinji Metropolitan Region

VC investment into Jingjinji Metropolitan Region-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Jingjinji Metropolitan Region's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Jingjinji Metropolitan Region.

University-linked startup formation

103

University spinouts

1,344

Total alumni-founded companies

660

Of which startups (<$15M raised)

419

Breakouts ($15M-100M)

265

Scaleups ($100M+)

Location comparison

How Jingjinji Metropolitan Region stacks up

Compare Jingjinji Metropolitan Region with peers from the same country (China) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Yangtze Delta Region

$2.1T

Jingjinji Metropolitan Region

$1.8T

$1.7T

$1.1T

$1T

$641B

Combined enterprise value of each ecosystem.

Top cities in China ranked by combined EV. Jingjinji Metropolitan Region's row is highlighted (#2).

#	Ecosystem	Combined EV	EV growth	Unicorns	VC invested	Tracked startups
1	Yangtze Delta Region	$2.1T	3.9×	219	$10.2B	7,073
2	Jingjinji Metropolitan Region	$1.8T	3.7×	179	$6.8B	4,518
3	Beijing	$1.7T	3.7×	175	$6.7B	4,332
4	Shanghai	$1.1T	7.3×	140	$4.7B	3,591
5	Shenzhen	$1T	20.5×	54	$2.4B	2,252
6	Hangzhou	$641B	1.8×	37	$2.2B	1,452
7	Guangzhou	$208B	3.7×	17	$891.8M	1,546
8	Nanjing	$109B	6.7×	10	$338.4M	491
9	Suzhou	$94.5B	18.2×	14	$1.1B	652
10	Wuhan	$32.5B	7.0×	8	$420.9M	349
11	Chengdu	$31.5B	25.2×	5	$410.2M	403
12	Chongqing	$24.4B	15.0×	5	$1B	178

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Country China Asia · Pop. 1409M · #2 startup ecosystem by EV Region Asia Continent / region · Pop. 4694.6M · #4 region by EV

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