🏙️

Nanjing

Metro area · China · Pop. 9.6M · #47 city by EV

A public taster of the full Nanjing ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

342 Pool of Funded Startups

New Startups

32 Annual Startups FoundedAll new ventures

36 Annual Startups FundedReceived investment

get funded 114%

235Startups

70 Pre-Seed Startups$100K–1M

90 Seed Startups$1–4M

75 Series A Startups$4–15M

Seed to Series A 41%

73Breakouts

48 Series B Breakouts$15–40M

25 Series C Breakouts$40–100M

34Scaleups

20 Mega Scaleups$100–250M

reach Mega 5.8%

14 Mega+ Scaleups$250M+

reach Mega+ 4.1%

10Valuation Outcomes

9 Unicorns($1–10B valuation)

reach Unicorn 2.6%

1 Decacorns($10–100B valuation)

reach Decacorn 0.29%

Pre-Seed

Seed

Series A

Series B

Series C

Unicorn

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.

Largest rounds

Largest funding rounds in Nanjing

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

Largest rounds in Nanjing - 2026

Every $15M+ VC round into Nanjing-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

Loading rounds...

Live from Dealroom API Open full VC dashboard

VC investment

How much venture capital flows into Nanjing

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

Academia

Nanjing's academic flywheel

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

University-linked startup formation

University spinouts

Total alumni-founded companies

Of which startups (<$15M raised)

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Nanjing stacks up

Compare Nanjing 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.

Hangzhou

$623B

Guangzhou

$182B

Nanjing

$108B

$33.7B

$32B

$25B

$18.7B

Combined enterprise value of each ecosystem.

Top cities in China ranked by combined EV. Nanjing's row is highlighted (#8).

#	Ecosystem	Combined EV	EV growth	Unicorns	VC invested	Tracked startups
1	Yangtze Delta Region	$2T	2.7×	210	$9.9B	7,038
2	Jingjinji Metropolitan Region	$1.7T	3.6×	178	$6.9B	4,520
3	Beijing	$1.6T	3.6×	174	$6.7B	4,331
4	Shenzhen	$1T	1.9×	53	$2.4B	2,240
5	Shanghai	$1T	5.2×	135	$4.5B	3,583
6	Hangzhou	$623B	1.2×	37	$2.2B	1,443
7	Guangzhou	$182B	14.5×	16	$891.8M	1,543
8	Nanjing	$108B	6.2×	10	$338.4M	489
9	Chengdu	$33.7B	27.0×	5	$410.2M	401
10	Wuhan	$32B	4.6×	8	$420.9M	345
11	Chongqing	$25B	11.5×	5	$1B	177
12	Changzhou	$18.7B	4.2×	2	$45M	113

More data

Explore Dealroom data →

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

Get the full Nanjing ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.

Book a demo