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Radar · Industrial Goods and Manufacturing in Hong Kong

Best Industrial Goods and Manufacturing Companies in Hong Kong, China

The 100 best Industrial Goods and Manufacturing companies in Hong Kong, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SmartMore.

100companies tracked
$253.1Mdisclosed funding
0unicorns
8have raised
FLIAR INTELLIGENCE · INDUSTRIAL GOODS AND MANUFACTURING × HONG KONG

Our analysis of 50 Industrial Goods and Manufacturing companies

$6.2b in tracked funding; 29% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.

50companies analysed
29%cloud-native stacks
2022funding peak (by rounds)
2unicorns
2016median founding year
92kcombined LinkedIn audience
86%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Industrial Goods and Manufacturing companies in Hong Kong

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1SmartMore
Provider of IoT-based solutions for visual inspection
62Funding top 33%Talent top 45%Global bottom 36%
All 3 signals ▾
Fundingtop 33%
Talenttop 45%
Globalbottom 36%
Funding: Raised $200M · 1 rounds over 5 yrs (0.2/yr)
Talent: 2 named leaders on record
rank vs industry peers · Fliar Intelligence Index 62/100
$200M59 mo agoSeries BJiangbo Lu
Co-Founder
2019———
2Capcon
Manufacturer of semiconductors
37Talent top 28%Funding top 30%Innovation top 40%Patents top 40%
All 9 signals ▾
Talenttop 28%
Fundingtop 30%
Innovationtop 40%
Patentstop 40%
Growthtop 45%
Moattop 45%
Globalbottom 36%
Techbottom 25%
Marketbottom 16%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $50.0M across 1 rounds · 1 rounds over 3 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 37/100
$50M34 mo agoSeries BWang Hongbo
Co-Founder
2014MUIReactJSS+321 patents
Semiconductor chip packaging and automated component assembly technologies
—
3BuyHive
Online B2B marketplace platform connecting buyers and manufacturers
$2M57 mo agoSeedMichael Hung
Co-Founder & CMO
2019Cart FunctionalityWordPressMySQL+33——
4Sterling Group Holdings
Contract manufacturer of garment
37Market top 25%Funding top 42%Moat bottom 42%Global bottom 30%
All 6 signals ▾
Markettop 25%
Fundingtop 42%
Moatbottom 42%
Globalbottom 30%
Patentsbottom 27%
Innovationbottom 8%
Market: 1,444 employees (top 5% of Industrial Goods and Manufacturing)
Funding: Raised $868k across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 37/100
$868K4 mo agoLate Stage—2015—2 patents
Precise GNSS timing algorithms and image‑sensor interface electronics for navigation and imaging systems
—
5LK
Designer & manufacturer of die casting machines & plastic injection molding machines
$50K139 mo agoPublicLiu Ming
CEO
1979JavaThree.jsVideoJS+12——
6Source Green
Online marketplace platform for packaging manufacturers
—57 mo agoSeedSonalie Figueiras
Co-Founder & CEO
2021WordPressMySQLPHP+26——
7Kno
Employee productivity and happiness tracking software
—60 mo agoSeedMarianne Hughes
Founder And Ceo
2019WebflowYouTubeAkamai+14——
8Symphony
Provider of predictive maintenance solutions using wireless sensors and cloud analysis
—71 mo agoSeed—2020———

Top 10 Industrial Goods and Manufacturing companies in Hong Kong

#1
Late Stage · Kowloon, Hong Kong · founded 2015 · 1444 employees
$868.2Kraised
▾

Contract manufacturer of garment

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Market
top 25%
Funding
top 42%
Moat
bottom 42%
Global
bottom 30%
Patents
bottom 27%
Innovation
bottom 8%
Market: 1,444 employees (top 5% of Industrial Goods and Manufacturing)
Funding: Raised $868k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Jan 2026)
Moat: Editorial + unicorn rating 1/10 · IP moat: 2 patents
Funding rounds
  • Jan 2026Post IPO$868.2K
#2
Series B · Hong Kong, Hong Kong · founded 2014
$50Mraised
▾

Manufacturer of semiconductors

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Talent
top 28%
Funding
top 30%
Innovation
top 40%
Patents
top 40%
Growth
top 45%
Moat
top 45%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $50.0M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Venture Debt (Aug 2023)
Innovation: 21 patents (top 35% of patent-holders)
Funding rounds
  • Aug 2023Venture Debt—
  • Jan 2023Series B$50M
Founders & team
Wang HongboCo-FounderWang HonggangCo-FounderYu FengCo-Founder
Investors
Cowin Capital, Hillhouse, SAIC Capital, Wise Road Capital, Intel Capital
Tech stack
EmotionJssMuiPwaReactTengine
#3
Series B · Hong Kong, Hong Kong · founded 2019
$200Mraised
▾

Provider of IoT-based solutions for visual inspection

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 33%
Talent
top 45%
Global
bottom 36%
Funding: Raised $200M · 1 rounds over 5 yrs (0.2/yr) · Last round round (Jun 2021)
Talent: 2 named leaders on record
Global: Investors from 2 countries beyond China
Founders & team
Jiangbo LuCo-FounderRuiyu LiCo-Founder
Investors
IDG Capital, Sequoia Capital China, Zhen Fund, Bull Capital Partners, Hermitage Capital, A Plus Partner
#4
Seed · Kowloon, Hong Kong · founded 2019
$2.2Mraised
▾

Online B2B marketplace platform connecting buyers and manufacturers. It provides a platform for helping buyers in product sourcing by providing a freelancer network of sourcing professionals who make supplier recommendations to buyers year-round and by providing a B2B e-commerce platform featuring invitation-only suppliers. It also provides an end-to-end sourcing solution by tracking the production and delivery of finished goods for buyers globally.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 11.1% of this cohort's audience
Funding rounds
  • Sep 2021Seed$2.2M
Founders & team
Michael HungCo-Founder & CMOPranav ShahCo-Founder & CTOBrent BarnesCo-Founder & COO
Investors
Choco Up, UVECON
Tech stack
AstraCalendlyCart FunctionalityCloudflareCloudflare Bot ManagementCore-Js
#5
Public · Kwai Tsing, Hong Kong · founded 1979
$50Kraised
▾

Designer & manufacturer of die casting machines & plastic injection molding machines

Funding rounds
  • Oct 2014Unattributed$50K
  • Feb 2011PE—
Founders & team
Liu MingCEO
Investors
FountainVest Partners
#6
Seed · Hong Kong, Hong Kong · founded 2021 · 6 employees
—raised
▾

Online marketplace platform for packaging manufacturers. It provides a sustainable and biodegradable packaging products marketplace that enables brands to connect with eco-friendly packaging manufacturers. The product catalog includes recycled corrugated boxes, soy-based printing inks, foams made from recycled plastics, corn starch-based loose fill, etc. It also provides a packaging impact tool calculator that computes plastic usage, shows waste reduction ratios, measures environmental, and health impacts, etc.

Funding rounds
  • Aug 2021Seed—
Founders & team
Sonalie FigueirasCo-Founder & CEOLuc VallieresCo-Founder & COO
Investors
Plug and Play Tech Center
#7
Seed · Hong Kong, Hong Kong · founded 2019 · 6 employees
—raised
▾

Employee productivity and happiness tracking software. The platform tracks happiness and productivity for workers and generates real-time reports on the progression and foresees potential problems and communicates with the brand and works with factories directly to maintain the engagement of workers, factory owners, and line managers. The partners are Levi's, Humanity United, UK aid, etc.

Funding rounds
  • 2021Seed—
Founders & team
Marianne HughesFounder And Ceo
Investors
Orbit Ventures, Artesian, Sovereign's Capital, ADB Ventures
Tech stack
WebflowYoutubeWeglotJqueryGoogle Hosted LibrariesGoogle Font Api
#8
Seed · Kowloon, Hong Kong · founded 2020 · 7 employees
—raised
▾

Provider of predictive maintenance solutions using wireless sensors and cloud analysis. The company offers a system that monitors machine vibrations to diagnose equipment health. It aims to provide actionable alerts regarding potential machinery problems. The solution is designed for management, removing the need for specialized technicians to analyze raw data. It utilizes a subscription model and allows users to start with a small number of sensors.

Funding rounds
  • Jul 2020Seed—
Investors
Brinc
#9
Funding Raised · Hong Kong, Hong Kong · founded 1963 · 654 employees
—raised
▾

Provider of global technology-enabled supply chain and logistics execution. It offers air and sea freight, road freight, and contract logistics services. The platform integrates warehousing, fulfillment, and value-added services. It utilizes software modules spanning the product lifecycle. This facilitates the movement of goods, data, and funds securely and sustainably. The company supports various industries with end-to-end supply chain solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 31k LinkedIn followers — 33.5% of this cohort's audience
Founders & team
Heath ZarinFounder & CEO
Investors
Investec
Tech stack
AosApple Icloud MailBackbone.JsBootstrapCdnjsCloudflare
#10
Series A · Hong Kong, Hong Kong · founded 2016 · 1212 employees
—raised
▾

GRT is a manufacturer of multi-category consumer products. The company provides products such as precision coating adhesive films, packaging films, optical adhesive films and others.

Funding rounds
  • Apr 2016Series A—
Investors
Daesung Startup Investment

Funding & investor landscape

$253.1Mtotal disclosed funding
5companies funded
4disclosed rounds
0rounds last 90 days
Most active investors
GLOBAL ACCELERATION ACADEMY4 rounds
Vermont Capital2 rounds
A Plus Partner1 rounds
ADB Ventures1 rounds
Affinity Equity Partners1 rounds
Artesian1 rounds
BPEA1 rounds
Brinc1 rounds
Bull Capital Partners1 rounds
China Merger & Acquisition Fund1 rounds

Notable founders

Wang Hongbo
Co-Founder · Capcon
Wang Honggang
Co-Founder · Capcon
Jiangbo Lu
Co-Founder · SmartMore
Ruiyu Li
Co-Founder · SmartMore
Michael Hung
Co-Founder & CMO · BuyHive
Pranav Shah
Co-Founder & CTO · BuyHive
Liu Ming
CEO · LK
Sonalie Figueiras
Co-Founder & CEO · Source Green
Luc Vallieres
Co-Founder & COO · Source Green
Marianne Hughes
Founder And Ceo · Kno
Heath Zarin
Founder & CEO · EV Cargo
Prism market signals · China · country-scoped Prism corpus, 635,598 docs

Market landscape — 10 sub-themes by coverage

Share of Industrial Goods and Manufacturing coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Industrial Goods and Manufacturing companies are there in Hong Kong, China?
Radar tracks 100 indexable Industrial Goods and Manufacturing companies headquartered in Hong Kong, China that meet our profile-completeness bar.
What is the total funding raised by Industrial Goods and Manufacturing companies in Hong Kong, China?
The Industrial Goods and Manufacturing companies in Hong Kong, China on this list have raised a combined $253.1M in disclosed equity funding across 5 funded companies.
Which is the highest-funded Industrial Goods and Manufacturing company in Hong Kong, China?
SmartMore is the highest-funded Industrial Goods and Manufacturing company in Hong Kong, China, with $200M in disclosed equity funding.
How many Industrial Goods and Manufacturing companies in Hong Kong, China are funded?
5 of the 100 Industrial Goods and Manufacturing companies in Hong Kong, China on this list have disclosed at least one equity funding round.
How many Industrial Goods and Manufacturing unicorns are there in Hong Kong, China?
None of the Industrial Goods and Manufacturing companies in Hong Kong, China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Hong Kong, China Industrial Goods and Manufacturing companies?
The most active investors in Hong Kong, China Industrial Goods and Manufacturing companies on this list include GLOBAL ACCELERATION ACADEMY, Vermont Capital, A Plus Partner, ADB Ventures, Affinity Equity Partners.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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