Unicorns in Hong Kong
Dealroom tracks 20 unicorns headquartered in Hong Kong — companies that reached a verified $1B+ valuation — worth $75.5B combined, plus 5 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.
Every unicorn in Hong Kong
All 20 companies headquartered in Hong Kong that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Crypto.com | Fintech | Central and Western District | 2016 | $20B | Private |
| 2 | Futu | Fintech | Central and Western District | 2012 | $14B | IPO 2019 |
| 3 | LaLaMove | Transportation | Sham Shui Po District | 2013 | $10B | Private |
| 4 | Animoca Brands | Fintech | Southern District | 2011 | $5.9B | IPO 2015 |
| 5 | SenseTime | Other | Sha Tin District | 2014 | $5.8B | IPO 2021 |
| 6 | HashKey | Fintech | Southern District | 2018 | $2.4B | IPO 2025 |
| 7 | WeLab | Fintech | Eastern District | 2013 | $2B | Private |
| 8 | Paulo Bear | Biotech & Life Sciences | Yau Tsim Mong District | 2022 | $2B | Private |
| 9 | Babel Finance | Fintech | Southern District | 2018 | $2B | Private |
| 10 | Micro Connect | Fintech | Central and Western District | 2021 | $1.7B | Private |
| 11 | SmartMore | AI | Sha Tin District | 2019 | $1.6B | Private |
| 12 | Humanity Protocol | Cybersecurity | Central and Western District | 2024 | $1.1B | Private |
| 13 | Klook | eCommerce & Marketplaces | Central and Western District | 2014 | $1B | Private |
| 14 | RedotPay | Fintech | Central and Western District | 2023 | $1B | Private |
| 15 | Poizon | eCommerce & Marketplaces | Wan Chai District | 2015 | $1B | Private |
| 16 | GOGOX | Transportation | Central and Western District | 2013 | $1B | Private |
| 17 | Cider | eCommerce & Marketplaces | Wan Chai District | 2020 | $1B | Private |
| 18 | Huayun Data International | Other B2B Software | Wan Chai District | 2010 | $1B | Private |
| 19 | FWD Insurance | Fintech | Eastern District | 2013 | $376M | IPO 2025 |
| 20 | Prenetics | Biotech & Life Sciences | Eastern District | 2014 | $221M | Public via SPAC 2021 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 5 Hong Kong companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | GCL-Poly Energy Holdings | Energy | Hong Kong | 2006 | $3.5B | IPO 2007 |
| 2 | Sinosoft (International) | Other B2B Software | Hong Kong | 1996 | $1.2B | IPO 2019 |
| 3 | OrbusNeich | Health Tech & Medtech | Sha Tin District | 2005 | $1B | Private |
| 4 | iClick Interactive | Marketing | Eastern District | 2009 | $49M | IPO 2017 |
| 5 | uCloudlink | Fintech | Central and Western District | 2014 | $5M | IPO 2020 |
Frequently asked questions
How many unicorns are there in Hong Kong?
Dealroom tracks 20 unicorns headquartered in Hong Kong as of August 2026, worth $75.5B combined. 3 of them are valued at $10B or more.
What are the biggest unicorns in Hong Kong?
The three most valuable are Crypto.com, Futu, LaLaMove. Central and Western District is the top hub with 7 of them.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.