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Radar · Fashion Tech in China

Best Fashion Tech Companies in China

The 302 best Fashion Tech companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vancl.

302companies tracked
$3.5Bdisclosed funding
4unicorns
120have raised

China's Fashion Tech sector has 302 companies tracked in our directory, ranked by disclosed equity funding and recent momentum, with a combined funding pool of $3.5B already on the books. The global fashion tech market sat at $24.7B in 2021 and the curve hasn't stopped bending upward since. Median app-install growth across fashion and retail apparel apps hit +17% YoY across 266 tracked titles on the Play Store. That's not noise. That's a category pulling real consumer attention at scale, and you can feel it in the capital flows.

Four unicorns have emerged from this field so far, and the funding distribution tells you where conviction is concentrating. Baibu leads the pack at $465M raised, with Moodylenses ($215M), Secoo ($195M) and Yoho ($195M) not far behind. I find it telling that even the smaller names, like Kickscrew and Egaiyi, are already in motion with institutional backing from IDG Capital, Sequoia Capital and Matrix Partners China. So what's driving the pile-in? Gen Z's outsized expectations around personalization and digital-first retail are reshaping what fashion platforms have to deliver, and China's scale means even a sliver of that demand is a massive prize.

FLIAR INTELLIGENCE · FASHION TECH × CHINA

Our analysis of 219 Fashion Tech companies

$16.5b in tracked funding; 94% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.

219companies analysed
94%cloud-native stacks
2022funding peak (by rounds)
15unicorns
2016median founding year

Ranked: Best Fashion Tech companies in China

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackRecent signals
1Vancl 🦄
Online retailer offering multi-category fashion products
$580M148 mo agoSeries G501—BootstrapNginxSwiper+9—
2Baibu
B2B marketplace platform offering fashion raw materials
$465M65 mo agoSeries D174Zhao Zhenhong
Founder
——
3MOODYLENSES
Internet first brand offering contact lenses
$215M55 mo agoSeries C—Ci Ran
Founder
ShoplineCart FunctionalityBootstrap+29—
4Aikucun
Online crowdsourcing distribution platform
$214M67 mo agoSeries C—Wang Min
Founder
Node.jsVue.jsNuxt.js+3—
5Secoo
Online retailer offering luxury fashion products
$195M46 mo agoDeadpooled509—JavaNginxOpenResty—
6YOHO
Online luxury fashion magazine, community and retailer
$195M47 mo agoSeries E238Liang Chao
Founder & CEO
——
7Xiu
E-commerce platform selling luxury and fashion products.
$150M133 mo agoSeries C600———
8Cider 🦄
Internet first brand offering apparel for women
$140M57 mo agoSeries B600Fenco Lin
Co-Founder
SentryZendeskGoogle Sign-in+23—
9Loho
Internet-first brand offering eye-wear products
$125M93 mo agoSeries C400Xin Huang
Founder
Baidu MapsNginxOpenResty+11—
10Letao
Online Shoe Retailer
$84M173 mo agoDeadpooled—Sheng Bi
Founder&CEO
——
11Moonbasa
Online platform to buy fashion goods from US brands
$77M158 mo agoDeadpooled—Xiaocheng She
Founder
——
12Mbaobao
Chinese domestic internet fashion bags brand
$75M168 mo agoPublic501Ye Haifeng
Chairman & CEO
——
13Nice
Photo sharing app with tags
$64M83 mo agoSeries D33———
14Xiaohongchun
Community for women to share content
$64M118 mo agoDeadpooled—Robby Jiang
Founder & CEO
——
15Shangpin
Online luxury retailer
$60M178 mo agoSeries C—David Zhao
Founder & CEO
——
16La Miu
Online lingerie private label
$55M170 mo agoDeadpooled127———
17Xin Shang
Online consignment platform for luxury second-hand fashion products
$53M101 mo agoSeries C—Bowen Dong
Founder & CEO
——
18Lianshang
Online B2B platform for trading fabrics
$52M107 mo agoDeadpooled—Zhao Junhao
Founder & CEO
——
19Ihaveu
Luxury B2C e-commerce site
$51M171 mo agoDeadpooled23Sun Tongyu
Co-Founder
——
20Zocai
Internet first diamond brand
$32M176 mo agoSeed——Windows ServerMicrosoft ASP.NETIIS+4—
21Particle Fever
Private label brand of sportswear
$30M67 mo agoSeries C20———
22Tidebuy
Online cross-border retail platform offering multi-category fashion apparel for women
$29M111 mo agoDeadpooled—Li Bin
CEO
——
23OkBuy
Footwear e-tailer
$27M183 mo agoDeadpooled201———
24Borderfree
Cross-border platform offering casual wear for men and women
$27M167 mo agoAcquired39—Cart FunctionalityWooCommerceWordPress+43—
25IWODE
Custom-made apparel for men & women
$26M132 mo agoDeadpooled—He Guanbin
Founder & CEO
——
26Loook App
Online product discovery platform for fashion related products
$24M99 mo agoDeadpooled—Yan Ming
Co-Founder & CEO
——
27Wangcl
Online first private label eyewear
$23M125 mo agoDeadpooled—Shao Huang
Co-Founder
——
28Package master
Online consignment platform for pre-owned fashion products
$18M80 mo agoSeries A50Nalan Zhengxiu
Founder & CEO
——
29Grana
Internet first brand of casual apparel wear for men and women
$16M103 mo agoSeries A40—NginxOpenRestyGoogle Cloud+1—
30Singbada
Provides supply chain management services for small and medium-sized businesses.
$16M58 mo agoSeries A1,000———
31Smzdm
Content and review-based product discovery
$15M125 mo agoSeries A1,889—jQuerycore-jsSensors Data+6—
32Yoka
Online content portal for luxury fashion
$15M149 mo agoAcquired54———
33Jiapin
Online luxury products retailer
$15M168 mo agoDeadpooled17Hongjie (Robert) Yang
Founder
——
34Matchu
Online customization platform for menswear
$15M89 mo agoSeries B—Liu Xiang
Co-Founder & COO
——
35OrderPlus
Online cross-border platform for multi-category fashion products
$14M75 mo agoDeadpooled1,000Lu Wener
Founder
——
36Champzee
Personalized shopping service offering apparel and fashion accessories for men
$13M92 mo agoDeadpooled—Zhang Qing
Co-Founder
——
37Mecoxlane
Online fashion marketplace
$13M219 mo agoDeadpooled1,001Ingrid Wang
CEO
——
38Handu
Internet-first brand offering multi-category apparel
$12M118 mo agoSeries D2,280———
39Hangzhou Earthworm Network Technology
Online marketplace for freelance designers
$10M93 mo agoSeries A—Zuo Wei
CEO
——
40Zhen
Online women's luxury goods sales platform.
$10M132 mo agoSeries A130———
41Egaiyi
Online platform offering tailoring services
$10M40 mo agoSeries B200———
42Goxip
Fashion discovery through images and social network
$8M91 mo agoSeries A20Yc Lau
Co-Founder & Chief Product Officer
——
43Yiqidai.me
Online B2C rental platform for jewelry
$8M103 mo agoSeries A—Liu Bingming
CEO
——
44KICKSCREW
Online retailer offering sneakers for men and women
$6M30 mo agoSeries A150—ShopifyCart FunctionalityNode.js+34—
4551haoliao
B2B marketplace platform for fabric materials for luggage manufacturers
$6M114 mo agoSeed—Zhang Riping
Founder & CEO
——
46Ybren
On demand custom made clothing for men and women
$6M81 mo agoSeries A800———
47Totwoo
Smart connected jewelry
$5M103 mo agoSeries A—Wang Jieming
Co-Founder
Cart FunctionalityWooCommerceWordPress+36—
48Jinyi Box Network Technology
Subscription-based online platform for men's apparel & accessories
$4M81 mo agoDeadpooled20Wang Xuan Lin Dong
Founder & CEO
——
49UMINIFIER
Internet first brand offering sportswear
$1M70 mo agoSeed—Jiang Minzhou
Founder & CEO
——
50KOKOLU
Internet first brand offering shoes
$1M55 mo agoSeed—Lucas Tan
Co-Founder
Cart FunctionalityShopifyHandlebars+34—

Top 12 Fashion Tech companies in China

#1
Series A · Tsuen Wan, Hong Kong · founded 2008 · 150 employees
$6Mraised
▾

Online retailer offering sneakers for men and women. The product catalog includes sneakers of various brands. It also includes watches. The company claims that the products are gone through a quality control check across all attributes of a product to ensure the authenticity.

Funding rounds
  • Dec 2023Angel—
  • Mar 2022Series A$6M
Investors
Gobi Partners, Pacific Century Group, Yingke, Complex
Tech stack
AddshoppersAppnexusBunnyCart FunctionalityCloudflareCloudflare Bot Management
#2
Deadpooled · Shanghai, Shanghai · founded 2008 · 509 employees
$195Mraised
▾

Online retailer offering luxury fashion products. The product catalog includes fashion apparel, jewelry, handbags, footwear, watches, sunglasses, scarves, belts, and more from various brands. It also offers beauty and home products.

Funding rounds
  • Aug 2022Post IPO—
  • Jun 2020Post IPO—
  • Jul 2018Post IPO$175M
  • Jul 2015Series E$55M
Investors
Ping An Ventures, IDG Capital, TimeCapita, Haicheng Yuankuo Trading Co, Qudian, L Catterton
Tech stack
JavaNginxOpenresty
#3
Series E · Nanjing, Jiangsu · founded 2005 · 238 employees
$195Mraised
▾

Founded in 2005, the company’s main businesses are YOHO! Fashion, a fashion magazine targeted at male youths, fashion community YOHO.CN, and e-commerce platform YOHOBUY. The company launched a female fashion magazine and expanded to fashion exhibition sector in 2013. The company claimed to record more than 500 million yuan of sales and 40 million yuan of profits in 2013. It is expected to record 1.2 billion yuan of sales and more than 100 million yuan of profits in the next two years.

Funding rounds
  • Jul 2022Series E—
  • Oct 2018Series E$25M
  • Jul 2015Series D$100M
  • Jun 2015Series D$40M
Founders & team
Liang ChaoFounder & CEO
Investors
CDH, Bertelsmann Asia Investments, Vertex Ventures, SAIF Partners, Shenzhen Fortune Venture Capital, CMC Capital
#4
Series B · Guangzhou, Guangdong · founded 2014 · 200 employees
$9.6Mraised
▾

Online platform offering tailoring services. The company offers door pickup or in-store collection of clothes. The company claims to do nontraceable alterations on the clothes.

Funding rounds
  • Feb 2023Series B—
  • Nov 2019Conventional Debt$14.3M
  • Aug 2018Series A$7.4M
  • Mar 2017Seed$1.5M
Investors
Yuanhe Holdings, China Merchants Bank, VipShop, Dingxin Capital, Guangdong Culture Venture Factory
#5
Series D · Guangzhou, Guangdong · founded 2014 · 174 employees
$464.6Mraised
▾

B2B marketplace platform offering fashion raw materials. The company offering a platform for buyers and sellers to find fabrics and raw materials. It uses cloud computing, big data, Internet of Things, artificial intelligence, and other technologies to provide services in links of the industrial chain such as raw material procurement, fabric production, finished fabric distribution, and clothing production and sales. The company offers mobile applications for Android and iOS platforms.

Funding rounds
  • Jan 2021Series D$110M
  • Dec 2019Series D$300M
  • Aug 2018Series C$30M
  • Aug 2017Series B$24.6M
Founders & team
Zhao ZhenhongFounder
Investors
Chengwei Capital, Source Code Capital, Yunqi Partners, DST Global, CICC, Bull Capital Partners
#6
Series C · Xiamen, Fujian · founded 2021
$214.8Mraised
▾

Internet first brand offering contact lenses. The product catalog includes contact lenses in different variants like brown & hazel, grey, green, blue, purple, pink, black, orange, and gold glitter. It also offers clear contact lenses, mini-trial sets, and more.

Funding rounds
  • Nov 2021Series C$156M
  • Feb 2021Series B$58.8M
Founders & team
Ci RanFounder
Investors
KKR, 5Y Capital
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#7
Cider 🦄
Series B · Hong Kong, Hong Kong · founded 2020 · 600 employees
$140Mraised
▾

Internet first brand offering apparel for women. The product catalog includes dresses, tops, bottoms, denim, swimwear, accessories, tops, knitwear, sweatshirts, skirts, shirts, trousers, etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 96k LinkedIn followers — 99.9% of this cohort's audience
Funding rounds
  • Sep 2021Series B$130M
  • May 2021Series A—
  • Sep 2020Seed$10M
  • 2020Seed—
Founders & team
Fenco LinCo-FounderYu OppelCo-FounderMichael WangCofounder and CEO
Investors
Andreessen Horowitz, IDG Capital, Decent Capital, Chuxin Capital, Fengshui Capital, DST Global
Tech stack
Amazon Web ServicesApplovinAwinBoomerangCloudflareCloudflare Bot Management
#8
Series C · Shanghai, Shanghai · founded 2017
$214.3Mraised
▾

Aikucun is an online crowdsourcing distribution platform. It utilises S2B2C model to connect manufacturer, distributors and customers together to solve the problem of manufacturing inventory. Its features include order & inventory management, sales & distribution management, destocking & logistics management, after-sales services and more.

Funding rounds
  • Nov 2020Series C—
  • Oct 2018Series B$110M
  • Jul 2018Series B$88M
  • Jan 2018Series A$15M
Founders & team
Wang MinFounder
Investors
GGV Capital, Sinovation Ventures, BA Capital, Bell Capital, C&D Corp Services, Legend Capital
#9
Vancl 🦄
Series G · Beijing, Beijing · founded 2007 · 501 employees
$580Mraised
▾

Vancl is an online retailer offering multi-category fashion products. It started off as a large private label fashion clothing brand and then also became an online retailer selling clothing directly to customers on the web. It gained success primarily because of proper product and brand positioning, B2C online direct-selling model, multiple channels promotion, high-quality products, fair price, efficient logistics, favorable user experience and good team management.

Funding rounds
  • Feb 2014Series G$100M
  • Nov 2013Series G$100M
  • Dec 2011Series F$230M
  • Oct 2010Series C$100M
Investors
IDG Capital, SAIF Partners, Ceyuan Ventures, Temasek, Hotung Venture Group, Qiming Venture Partners
Tech stack
Baidu Analytics (百度统计)BootstrapFancyboxHstsHttp/3Jquery
#10
Series C · Shenzhen, Guangdong Province · founded 2011 · 400 employees
$125Mraised
▾

Internet-first brand offering eye-wear products. It is an O2O chain of offline eye-wear optical stores and an online website that sells major brands of eyeglasses and contact lenses. It has its own private label brand and also sells other premium brands through its sales channels.

Funding rounds
  • Sep 2018Series C$100M
  • Sep 2015Series B$20M
  • Jan 2014Series A$5M
Founders & team
Xin HuangFounder
Investors
Vertex Ventures, Sequoia Capital China, KTB Ventures, Centurium Capital, DAOL Investment
Tech stack
AxiosBabelBaidu MapsCore-JsCrypto-JsHammer.Js
#11
Series A · Beijing, Beijing · founded 2012 · 1000 employees
$16Mraised
▾

Provides supply chain management services for small and medium-sized businesses. The company's platform is a trading and collaboration space that connects apparel merchants like brand stores, traders, and online stores with apparel manufacturers and tracks the process, from order placement, demand, procurement, quality inspection to logistics. Its services include raw material purchasing, flexible & small batch production, mass customization, supply chain financing, and more.

Funding rounds
  • Jul 2021Series A—
  • Dec 2015Series A$16M
Investors
Xiang He Capital, Kleiner Perkins
#12
Series C · Shanghai, Shanghai · founded 2015 · 20 employees
$29.6Mraised
▾

Particle Fever is a private label brand of sportswear. The product catalog includes tops, vests, jackets, sweaters, shorts, and pants for men & women. They also stock accessories like socks.

Funding rounds
  • Nov 2020Series C$15.2M
  • Jun 2019Series B$14.4M
Investors
CCV Capital, Crystal Stream Capital, Proxima Ventures, Frees Fund, Share Capital, PreAngel Fund

Funding & investor landscape

$3.5Btotal disclosed funding
77companies funded
142disclosed rounds
0rounds last 90 days
Most active investors
IDG Capital12 rounds
Sequoia Capital6 rounds
Legend Capital5 rounds
Matrix Partners China5 rounds
The Mills Fabrica5 rounds
Ceyuan Ventures4 rounds
DCM Ventures4 rounds
GGV Capital4 rounds
Vision Plus Capital4 rounds
Zhen Fund4 rounds

Notable founders

Liang Chao
Founder & CEO · YOHO
Zhao Zhenhong
Founder · Baibu
Ci Ran
Founder · MOODYLENSES
Fenco Lin
Co-Founder · Cider
Yu Oppel
Co-Founder · Cider
Wang Min
Founder · Aikucun
Xin Huang
Founder · Loho
Sheng Bi
Founder&CEO · Letao
Zhao Junhao
Founder & CEO · Lianshang
Xiaocheng She
Founder · Moonbasa
Ye Haifeng
Chairman & CEO · Mbaobao
Bowen Dong
Founder & CEO · Xin Shang
Prism market signals · China · country-scoped Prism corpus, 3,906,718 docs

Market landscape — 10 sub-themes by coverage

Share of Fashion Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · China

How research on Textiles & Wearable Materials is moving in China

A read on the academic research around Textiles & Wearable Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 248 China-affiliated papers.

research sentiment over time
200920222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 64% → 84% across 2009–2026.
top research entities
  • Donghua University28
  • Chinese Academy of Sciences22
  • Wuhan Textile University19
  • Jiangnan University17
  • Soochow University14
leading researchers
Jin-Ping Guan · Vincent Nierstrasz · Kai Dong · Guangzhong Xie · Mi Zheng · Sirui Tan · Shaila Afroj · Md. Rashedul Islam
▲ Breakthroughs121 · 49%
▲ 11%→59% share
▲5.4× share momentum15 median citations81% since 2021mostly methods-led
Wearable computer research surged 26× as China's breakthrough share jumped from 11% to 59%, signaling dominant innovation momentum.
rising sub-themes (early→recent)
  • Wearable computer1→26
  • Nanotechnology5→25
  • Composite material2→18
  • Graphene1→6
  • Nanofiber1→5
Newly emergingWearable technology 0→12 · Fiber 0→8 · Electronics 0→7
Landmark Smart Electronic Yarns and Wearable Fabrics for Human Biomonitoring made by Carbon Nanotube Coating with Polyelectrolyte · 532 cites
◆ Advancements74 · 30%
▼ 44%→24% share
▼0.5× share momentum9 median citations54% since 2021mostly methods-led
Electrical conductor papers rose 9× as composite-material advancements scaled, though overall advancement share contracted from 44% to 24%.
rising sub-themes (early→recent)
  • Composite material3→12
  • Electrical conductor1→9
  • Nanotechnology2→9
  • Wearable computer1→4
Landmark Carbon‐Nanotube Fibers for Wearable Devices and Smart Textiles · 396 cites
▼ Concerns16 · 6%
▼ 11%→7% share
▼0.6× share momentum4 median citations69% since 2021mostly reviews
Nanotechnology safety concerns are intensifying — flagged in 5 papers alongside rising wearable-tech and wearable-computer risk signals.
rising sub-themes (early→recent)
  • Nanotechnology5
  • Wearable technology4
  • Wearable computer3
  • Architectural engineering3
  • Smart material2
Landmark Smart Textile Triboelectric Nanogenerators: Prospective Strategies for Improving Electricity Output Performance · 93 cites
RESEARCH HOTSPOTS · China

Where textiles tech is researched across China

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Beijing40 · +0.70
Hot · GrapheneAdvancing · Composite materialOpportunity · Smart material
Shanghai28 · +0.49
Hot · ElectronicsAdvancing · Composite materialOpportunity · Clothing
Wuhan25 · +0.73
Hot · ClothingAdvancing · OptoelectronicsOpportunity · Electrochemistry
Guangzhou/Shenzhen18 · +0.58
Hot · Wearable technologyAdvancing · Wearable computerOpportunity · Biocompatibility
Nanjing11 · +0.61
Hot · NanotechnologyAdvancing · FiberOpportunity · Photothermal therapy
Hangzhou8 · +0.71
Opportunity · Nanotechnology
Harbin5 · +0.66
Hot · Wearable computer
PATENT SIGNAL · China

Who's filing textiles tech patents in China

China textiles tech patent filing is accelerating — 11 filings from 19 assignees (2018–2025), led by Royal College Of ART, UNIV HONG KONG Polytechnic, Toray Fiber RES INST CN; annual filings 1→3.

11 filings19 assigneespeak 3/yr2018–2025
filing momentum (YoY 2018–2025)
top patent filers
  • Royal College Of ART3
  • UNIV HONG KONG Polytechnic3
  • Toray Fiber RES INST CN3
  • Intel3
  • UNIV Donghua2
  • Yancheng INST TECH2
  • Jiangsu Yueda HOME Textile2
  • UNIV Qingdao1

Common questions

How many Fashion Tech companies are there in China?
Radar tracks 302 indexable Fashion Tech companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Fashion Tech companies in China?
The Fashion Tech companies in China on this list have raised a combined $3.5B in disclosed equity funding across 77 funded companies.
Which is the highest-funded Fashion Tech company in China?
Vancl is the highest-funded Fashion Tech company in China, with $580M in disclosed equity funding.
How many Fashion Tech companies in China are funded?
77 of the 302 Fashion Tech companies in China on this list have disclosed at least one equity funding round.
How many Fashion Tech unicorns are there in China?
4 Fashion Tech companies in China on this list are valued at $1B or more.
Who are the top investors in China Fashion Tech companies?
The most active investors in China Fashion Tech companies on this list include IDG Capital, Sequoia Capital, Legend Capital, Matrix Partners China, The Mills Fabrica.
Sweetie IyerMarkets & Momentum

Sweetie watches where the money and the users are piling in. She covers sector wealth and momentum — the install curves and revenue pools that show which corners of the market are quietly on fire.

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