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Radar · Industrial Goods and Manufacturing in Shanghai

Best Industrial Goods and Manufacturing Companies in Shanghai, China

The 126 best Industrial Goods and Manufacturing companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ruigu.

126companies tracked
$2.1Bdisclosed funding
1unicorns
35have raised
FLIAR INTELLIGENCE · INDUSTRIAL GOODS AND MANUFACTURING × SHANGHAI

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

Ranked: Best Industrial Goods and Manufacturing companies in Shanghai

#CompanyDisclosed fundingLast roundEmployeesFoundedFounderTech stackRecent signals
121brains
21Brains is an integrated suite of apps that enables purchasing and procurement professionals to create and…
——112012———
2anto information
Anto Information is dedicated to providing cutting-edge digital and information solutions to clients.
——1201978———
3Aurora Global Brands
Internet first brand offering organic color cosmetics
———2009Ben Ye
Managing Director
Cart FunctionalityWooCommerceWordPress+34—
4baosight
Baosight is a public listed software company.
——5,7111978She Jiong
CEO
Node.jsNuxt.jsGSAP+5—
5BCR
Offers custom designing, manufacturing and prototyping services
——152008———
6Beijing Kaberry International Trade
Offers a range of robots for manufacturing industries
———2014Huang Qigang
Founder
——
7Challenge Textile Company
Manufacturer of fabrics
———2001Shi Yang
CEO & President
Node.jsBootstrapExpress+2—
8China mold maker
Manufacturer and exporter of plastic injection molding parts
———1997kenny han
Owner
——

Top 12 Industrial Goods and Manufacturing companies in Shanghai

#1
Series D · Shanghai, Shanghai · founded 2016 · 100 employees
$110.1Mraised
▾

Cloud-based MES software for the manufacturing industry. It provides various tools for data collection, analytics, visualization, monitoring production activities. It also offers a collaborative platform for scheduling, production & material management, quality control, equipment maintenance, etc.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 17%
Moat
top 22%
Tech
top 50%
Market
bottom 47%
Global
bottom 38%
Funding: Raised $110M across 6 rounds · 6 rounds over 10 yrs (0.6/yr) · Last round Series D (Apr 2026)
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Tech: 16 technologies across 4/8 capability areas · Devops: Nginx · Security: Hsts
Audience (LinkedIn): 800 LinkedIn followers — 2.6% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Black Lake Technologies) announced in 12 mo
Funding rounds
  • Apr 2026Series D$146.5M
  • Feb 2021Series C$77.4M
  • May 2019Series B$22.3M
  • May 2018Series A$7.9M
Investors
Bertelsmann Asia Investments, GGV Capital, Zhen Fund, GSR Ventures, IDG Capital, China Growth Capital
Tech stack
BootstrapCore-JsEchartsGoogle AnalyticsHstsJquery
#2
Series B · Shanghai, Shanghai · founded 2020 · 72 employees
$54.8Mraised
▾

Provider of a suite of EDA tools to design integrated circuits. It offers automation tools to design chips with multiple features, including physical designing, logic synthesis, and placement and routing technologies.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 32%
Market
bottom 48%
Global
bottom 36%
Funding: Raised $54.8M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series B (Sep 2024)
Market: 72 employees (top 43% of Semiconductors)
Global: Investors from 1 country beyond China
Funding rounds
  • Sep 2024Series B$28.2M
  • Oct 2021Series A$26.6M
Investors
Sharelink Capital, Bowei Investment, Weiss Capital, Turbo Capital, Cowin Capital, Zhuhai Municipal Government Portal
#3
Series B · Minhang, Shanghai · founded 2003
$13.8Mraised
▾

Shanghai Terjin is a leading industry provider of drone detection, identification, and tracking solutions with almost 20 years of experience in radio monitoring and positioning technology. Their focus on lower airspace security management solutions for governments worldwide sets them apart in the industry.

Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 34%
Talent
bottom 49%
Tech
bottom 45%
Global
bottom 29%
Market
bottom 16%
Funding: Raised $13.8M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Series B (Feb 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Tech: 12 technologies across 4/8 capability areas · Devops: Nginx · Security: Hsts, Http/3
Funding rounds
  • Feb 2025Series B—
  • May 2024Series B$13.8M
Founders & team
Huajing JiangCEO
Investors
Shenzhen Capital Group, Free Trade Zone Fund, Dahua Group, Yuanyi Investment, CDH, JIC Technology Investment
Tech stack
Animate.CssApache Http ServerBaidu Analytics (百度统计)Core-JsGoogle AnalyticsGoogle Tag Manager
#4
Series D · Shanghai, Shanghai · founded 2014 · 52 employees
$490.2Mraised
▾

Ruigu is an online supplier of MRO tools and supplies offering power tools, hand tools, generators, lifting gear etc. It sells products from brands such as WuLong, North, Han Touch Power etc. It ships across 165 cities of China as of May 2017.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Moat
top 22%
Funding
top 26%
Talent
bottom 49%
Market
bottom 43%
Global
bottom 36%
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $490M across 5 rounds · 5 rounds over 10 yrs (0.5/yr) · Last round Series D (May 2022)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
  • May 2022Series D$150M
  • Oct 2021Series D$250M
  • Sep 2020Series C—
  • Sep 2019Series C$42.2M
Founders & team
Yang GaoFounder & CEO
Investors
Source Code Capital, CDH, Bell Capital, Chengwei Capital, Taikang Insurance Group, GLP
#5
Series C · Shanghai, Shanghai · founded 2017 · 600 employees
$239.7Mraised
▾

CDMO focused on drug development, analytical, formulation, and quality testing services

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 24%
Market
top 28%
Global
bottom 38%
Funding: Raised $240M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series C (Aug 2022)
Market: 600 employees (top 9% of Industrial Goods and Manufacturing)
Global: Investors from 4 countries beyond China
Audience (LinkedIn): 1k LinkedIn followers — 4.0% of this cohort's audience
Funding rounds
  • Aug 2022Series C$14.7M
  • Jan 2022Series C$100M
  • Mar 2021Series B$70M
  • Mar 2020Series A$51M
Investors
LYFE Capital, IDG Capital, Cowin Capital, Junxin Capital, Jones Day, Korea Investment Partners
#6
Seed · Pudong, Shanghai · founded 2021 · 300 employees
$274.1Mraised
▾

Manufacturer of electronic systems

Fliar Intelligence Index™ 65how this company ranks against its industry peers
Market
top 33%
Funding
top 33%
Global
bottom 36%
Market: 300 employees (top 16% of Industrial Goods and Manufacturing)
Funding: Raised $274M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Seed (Jun 2022)
Global: Investors from 1 country beyond China
Funding rounds
  • Jun 2022Seed$164.5M
  • Dec 2021Seed$109.6M
Investors
IDG Capital, Chinese Academy of Sciences, Xinhua News Agency, CAERI, Wuyuefeng, GAC Capital
#7
Huaqin 🦄
Public · Pudong, Shanghai · founded 2005 · 29727 employees
$431.1Mraised
▾

Provider of smart hardware, vehicle electronics, and digital scene services. It offers end-to-end product development, manufacturing, and operation of software, hardware, and systems to global tech companies. It also provides intelligent products including mobile phones, tablets, laptops, smart wearables, AIoT products, IDC products, and automotive electronics to its global consumers.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Growth
top 18%
News
top 19%
Funding
top 24%
Moat
top 26%
Market
top 28%
Global
top 46%
Growth: Web rank 10,000,000 → 5,000,000 YoY
News: 7 BI events in 12 mo (of 12 tracked, 3 types) · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: IPO, Lawsuit
Funding: Raised $431M across 3 rounds · 3 rounds over 9 yrs (0.3/yr) · Last round Series C (Jan 2021)
Funding rounds
  • Jan 2021Series C$152.9M
  • Dec 2019Series B$142.2M
  • Dec 2017Series A$136M
Founders & team
Qiu WenshengFounder & CEO
Investors
Hua Capital Management, Summitview Capital, Wise Road Capital, Qualcomm Ventures, Intel Capital, NLVC
Tech stack
BabelCore-JsEmotionGoogle AnalyticsGoogle Tag ManagerGsap
#8
Series D · Shanghai, Shanghai · founded 2014
$224.4Mraised
▾

Provider of collaborative arm robots for industrial automation

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Innovation
top 18%
Moat
top 21%
Funding
top 23%
Patents
top 25%
Talent
bottom 45%
Global
bottom 39%
Innovation: 35 patents (top 26% of patent-holders) · 27 filings since 2022 vs 8 in 2017-21
Moat: Editorial + unicorn rating 8/10 · IP moat: 35 patents · Soonicorn
Funding: Raised $224M · 5 rounds over 8 yrs (0.6/yr) · Last round round (Jul 2022)
Founders & team
Li MingyangFounder & CEO
Investors
Temasek, Prosperity7 Ventures, Aramco Ventures, Truelight Capital, SoftBank Vision Fund, SDIC
#9
Series A · Pudong, Shanghai · founded 1995 · 350 employees
$55.5Mraised
▾

Developer of industrialized digital solutions and supporting applications designed for manufacturing enterprises. The company is committed to providing customers with overall solutions for digital enterprises, intelligent manufacturing and digital workshop management based on industry segmentation, helping enterprises to control digital innovation and accelerate the conversion of new kinetic energy.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 42%
Global
bottom 48%
Funding: Raised $55.5M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (Jun 2023)
Global: Investors from 1 country beyond China
Funding rounds
  • Jun 2023Series A$21.1M
  • Oct 2022Series A$34.4M
Investors
Shanghai Zhangjiang Technology Venture Capital, Shanghai Science and Technology Venture Capital, Yinhe Yuanhui Investment, Qiancheng Capital, Zheling Investment Management, Qingdao Guozhu Capital
#10
Series C · Shanghai, Shanghai · founded 2014 · 100 employees
$61.2Mraised
▾

Xinheyun is a cloud-based MES software for multiple industries. It enables real-time tracking of production and progress on every order. It can be customized according to the user's needs such as info about the production process, product, raw materials, customer and employee information, etc.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
AI
top 20%
Moat
top 22%
Funding
top 35%
Tech
bottom 47%
Market
bottom 42%
Global
bottom 36%
AI: Classified as an AI company
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $61.2M across 3 rounds · 3 rounds over 11 yrs (0.3/yr) · Last round Series C (Aug 2021)
Funding rounds
  • Aug 2021Series C$35M
  • Jan 2021Series B$23.2M
  • Oct 2019Series B—
  • Nov 2017Series A$3M
Investors
Zipcapital.cn, NLVC, IDG Capital, Cowin Capital, Shunwei Capital, Xiaomi
#11
Series B · Shanghai, Shanghai · founded 2015 · 300 employees
$35.5Mraised
▾

Haizol is an online platform which connects sourcing professionals and industrial equipment manufacturers. It also has an academic platform "Haizol academy" where sourcing professionals are informed on the latest news regarding their purchases and videos, interviews of supply chain directors in MNCs. The platform includes equipment related to machining, fabrication, molding, casting etc.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 12.1% of this cohort's audience
Funding rounds
  • Mar 2019Series B$14.9M
  • 2018Series B$14.5M
  • Jul 2017Series A$6M
  • Apr 2016Series A—
Investors
Witruth Capital, Woofoo Capital, Bell Capital, Aplus Capital, Haier Financial
Tech stack
Alibaba Cloud CdnBaidu Analytics (百度统计)CookiebotCore-JsGoogle AnalyticsGoogle Tag Manager
#12
Series A · Minhang, Shanghai · founded 2015 · 180 employees
$15.5Mraised
▾

Supplier of magnetic levitation technology solutions

Funding rounds
  • Oct 2021Series A$10.9M
  • Dec 2020Series A$4.6M
Investors
Cornerstone Capital Group, Zhongke Chuangxing, Shanghai Shengyu Equity Investment Fund Management, Minyi Fund

Funding & investor landscape

$2.1Btotal disclosed funding
19companies funded
39disclosed rounds
1rounds last 90 days
Most active investors
Cowin Capital4 rounds
IDG Capital4 rounds
Shenzhen Capital Group4 rounds
Spinnotec4 rounds
CDH3 rounds
NLVC3 rounds
Qiming Venture Partners3 rounds
Shanghai Entrepreneurship Relay Technology Financial Group3 rounds
Stony Creek Capital3 rounds
Summitview Capital3 rounds

Notable founders

Huajing Jiang
CEO · TERJIN
Yang Gao
Founder & CEO · Ruigu
Qiu Wensheng
Founder & CEO · Huaqin
Li Mingyang
Founder & CEO · JAKA Robotics
Chen Wei
Founder & CEO · OmniSensing Photonics Technology
Zhu Hongtao
CEO · Easy-to-buy work
Qian Shengqia
Founder & CEO · Mubai Technology
Qian Shengqian
CEO · Mubai Technology
Charles Wong
Founder & CEO · R&B Technology
Glenn Wu
Co-Founder & CTO · R&B Technology
Deming Tang
Founder · Avantsemi
Xiaozhou Zhou
Co-Founder & CEO · GreenOre
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

RESEARCH IN SHANGHAI · Materials

How research on Additive Manufacturing in Shanghai is moving

A read on the academic research around Additive Manufacturing in Shanghai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 506 papers.

Shanghai Jiao Tong University and peers optimistically advance additive manufacturing processes and biomedical 3D printing materials, with breakthroughs heavily outweighing concerns across 506 papers.

506 papers · stance +0.56 · 30% breakthrough · 5% concern
breakthrough · advancement · concern
top institutions
  • Shanghai Jiao Tong University163
  • Shanghai University84
  • Shanghai University of Engineering Science51
  • University of Shanghai for Science and Technology36
  • Shanghai Ninth People\'s Hospital34
leading researchers
Haiguang Zhang · Qingxi Hu · Donghua Zhao · Philip F. Yuan · Weizhong Guo · Pan Ma
prism intelligence · tone & topics
90% positive · 0% critical tone
HealthcareDIY ProjectsConstructionMaterials ScienceHealthBusiness
▲ Breakthroughs134 · 26%
▲ 12%→28% share
▲2.3× share momentum6 median citations72% since 2021mostly methods-led
3D printing breakthroughs are surging — Shanghai papers rose from 2 to 50, with composite materials and selective laser melting newly emerging.
rising sub-themes (early→recent)
  • 3D printing2→50
  • Fabrication1→21
  • Nanotechnology1→16
  • Microfluidics1→6
  • 3d printed1→6
Newly emergingComposite material 0→7 · Selective laser melting 0→6 · Alloy 0→5
Landmark 3D printing of Haversian bone–mimicking scaffolds for multicellular delivery in bone regeneration · 370 cites
◆ Advancements292 · 58%
▼ 76%→57% share
▼0.8× share momentum8 median citations67% since 2021mostly methods-led
Selective laser melting advancement research intensified — papers grew from 8 to 49 alongside microstructure and alloy studies scaling sharply.
rising sub-themes (early→recent)
  • 3D printing8→86
  • Microstructure5→49
  • Selective laser melting8→49
  • Composite material7→38
  • Alloy1→23
Newly emergingMechanical engineering 0→11 · Self-healing hydrogels 0→9 · Ductility (Earth science) 0→9
Landmark Fused Deposition Modeling (FDM) 3D Printed Tablets for Intragastric Floating Delivery of Domperidone · 281 cites
▼ Concerns21 · 4%
▲ 3%→4% share
▲1.3× share momentum13 median citations71% since 2021mostly reviews
Concern-flagged selective laser melting and metallurgy topics are newly emerging, signaling rising scrutiny of metal additive processes.
rising sub-themes (early→recent)
  • 3D printing1→9
Newly emergingMetallurgy 0→4 · Selective laser melting 0→3
Landmark Three-dimensional printing of metals for biomedical applications · 268 cites

Common questions

How many Industrial Goods and Manufacturing companies are there in Shanghai, China?
Radar tracks 126 indexable Industrial Goods and Manufacturing companies headquartered in Shanghai, China that meet our profile-completeness bar.
What is the total funding raised by Industrial Goods and Manufacturing companies in Shanghai, China?
The Industrial Goods and Manufacturing companies in Shanghai, China on this list have raised a combined $2.1B in disclosed equity funding across 19 funded companies.
Which is the highest-funded Industrial Goods and Manufacturing company in Shanghai, China?
Ruigu is the highest-funded Industrial Goods and Manufacturing company in Shanghai, China, with $490.2M in disclosed equity funding.
How many Industrial Goods and Manufacturing companies in Shanghai, China are funded?
19 of the 126 Industrial Goods and Manufacturing companies in Shanghai, China on this list have disclosed at least one equity funding round.
How many Industrial Goods and Manufacturing unicorns are there in Shanghai, China?
1 Industrial Goods and Manufacturing company in Shanghai, China on this list is valued at $1B or more.
Who are the top investors in Shanghai, China Industrial Goods and Manufacturing companies?
The most active investors in Shanghai, China Industrial Goods and Manufacturing companies on this list include Cowin Capital, IDG Capital, Shenzhen Capital Group, Spinnotec, CDH.
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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