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Radar · Manufacturing Services in Shanghai

Best Manufacturing Services Companies in Shanghai, China

The 66 best Manufacturing Services companies in Shanghai, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hejian Industrial Software.

66companies tracked
$383.9Mdisclosed funding
0unicorns
19have raised
FLIAR INTELLIGENCE · MANUFACTURING SERVICES × SHANGHAI

Our analysis of 200 Manufacturing Services companies

$4.4b in tracked funding; 61% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

200companies analysed
61%cloud-native stacks
2025funding peak (by rounds)
2002median founding year
42median Fliar Index™

Ranked: Best Manufacturing Services companies in Shanghai

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Hejian Industrial Software
Manufacturer of electronic systems
65Market top 33%Funding top 33%Global bottom 36%
All 3 signals ▾
Markettop 33%
Fundingtop 33%
Globalbottom 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)
rank vs industry peers · Fliar Intelligence Index 65/100
$274M48 mo agoSeed—2021——
2UDS
Provider of business system and process configuration services
55Funding top 42%Global bottom 48%
All 2 signals ▾
Fundingtop 42%
Globalbottom 48%
Funding: Raised $55.5M across 2 rounds · 2 rounds over 4 yrs (0.5/yr)
Global: Investors from 1 country beyond China
rank vs industry peers · Fliar Intelligence Index 55/100
$56M36 mo agoSeries A—1995——
3Shanghai Golytec Automation
Supplier of magnetic levitation technology solutions
$15M56 mo agoSeries A—2015——
4Cedar Composites Technology
Manufacturer of leisure, medical care, and rail transit field products
$14M73 mo agoSeries B—2006——
5TERJIN
Provider of drone detection, identification, and positioning technology
13Funding top 34%Talent bottom 49%Tech bottom 45%Global bottom 29%
All 5 signals ▾
Fundingtop 34%
Talentbottom 49%
Techbottom 45%
Globalbottom 29%
Marketbottom 16%
Funding: Raised $13.8M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 13/100
$14M15 mo agoSeries BHuajing Jiang
CEO
2003Animate.cssVue.jsNginx+8—
6Magnity Electronics
Manufacturer of tandoors and related cooking equipment
$8M99 mo agoSeries B—2008LayuiAnimate.cssTengine+4—
7Fiber Biotech
Limited information available
$2M55 mo agoSeed—2003—1 launch
8Mubai Technology
Provider of industrial solutions data and artificial intelligence technology
$1M37 mo agoSeries AQian Shengqia
Founder & CEO
2002——

Top 12 Manufacturing Services companies in Shanghai

#1
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
#2
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
#3
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
#4
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
#5
Series B · Shanghai, Shanghai · founded 2006 · 218 employees
$14.1Mraised
▾

Provider of carbon fiber composite solutions for industrial manufacturing purpose. The company focuses on R&D, design and production of carbon fiber composite products including carbon fiber raw materials, carbon fiber intermediate products and carbon fiber products that could be used in rail transportation, civil aviation, medical equipment, industrial equipment and other industries, enabling clients with customizable and comprehensive carbon fiber composite solutions.

Funding rounds
  • Apr 2020Series B$14.1M
Investors
Cathay Capital
#6
Series A · Minhang, Shanghai · founded 2002 · 6 employees
$1.4Mraised
▾

Provider of industrial solutions through the integration of data and artificial intelligence technology. The company provides digital SaaS tools that are used to monitor and manage the quality of products during the production management process of small and medium-sized manufacturing companies, improving the quality and efficiency of small and medium sized manufacturers.

Funding rounds
  • May 2023Series A—
  • Jul 2020Seed$1.4M
Founders & team
Qian ShengqiaFounder & CEOQian ShengqianCEO
Investors
K2VC, Hwazing
#7
Series B · Xuhui, Shanghai · founded 2008 · 60 employees
$7.9Mraised
▾

Manufacturer of tandoors and related cooking equipment. They produce various tandoor types, including clay, stainless steel, and mild steel models, in different sizes and styles for diverse culinary applications. The company also offers a selection of complementary accessories to enhance the tandoor cooking experience. Their products cater to restaurants, hotels, and home kitchens. They emphasize quality materials and construction, aiming for efficient and durable equipment.

Funding rounds
  • Mar 2018Series B$7.9M
Investors
Coco Capital, Ferry Venture Capital
#8
Seed · Shanghai, Shanghai · founded 2003 · 20 employees
$1.6Mraised
▾

Limited information available

LinkedIn Pulse recent public activity · Jul 2026
Audience: 810 LinkedIn followers — 2.2% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Nov 2021Seed—
  • Apr 2020Seed—
  • May 2018Seed$1.6M
Investors
Beijing Fangyuan Jinding Investment Management, BeLLE International, Zhejiang Grassroots Network Technology, V Star Capital, Challenjers Venture Capital, CICC Capital
#9
Series A · Shanghai, Shanghai · founded 2020 · 100 employees
—raised
▾

Developer of industrial equipment design software based on artificial intelligence

Funding rounds
  • Oct 2025Series A—
  • May 2024Series A—
  • Feb 2022Series A—
  • Jul 2021Seed—
Investors
SIG China, K2VC, Lenovo Capital and Incubator Group, Gaorong Capital, ByteDance, Lieyunwang
#10
Seed · Shanghai, Shanghai · founded 2021 · 60 employees
—raised
▾

Avant Semiconductor equipment Co., Ltd. is a Chinese company that specializes in the design and production of semiconductor front-end inspection and measurement equipment. The company's products are used in various industries, including the development of new semiconductor materials and devices. With a strong R&D team and a focus on innovation, Avant Semiconductor equipment Co., Ltd. is committed to providing high-quality products and services to its customers.

Funding rounds
  • Jul 2024Seed—
Founders & team
Deming TangFounder
Investors
JCP Capital, Midas Capital, Clivia Capital
#11
Series A · Minhang, Shanghai · founded 2008
—raised
▾

Provider of air pollution control services

Funding rounds
  • Feb 2024Series A—
Founders & team
Xiaozhou ZhouCo-Founder & CEOAh-Hyung ParkCo-Founder
Investors
Amperex Technology
#12
Series D · Shanghai, Shanghai · founded 1999 · 400 employees
—raised
▾

Provider of software solutions for semiconductor, photovoltaic, and LED manufacturing industries

Funding rounds
  • Oct 2022Series D—
  • Oct 2021Series C—
  • May 2021Unattributed—
Investors
Shanghai Pudong Science Technology Investment, Shuimuwutong, National Integrated Circuit Industry Investment Fund, China Fortune-Tech Capital, Shenzhen Capital Group, Stony Creek Capital

Funding & investor landscape

$383.9Mtotal disclosed funding
8companies funded
11disclosed rounds
0rounds last 90 days
Most active investors
Shenzhen Capital Group3 rounds
CDH2 rounds
Gage Finance2 rounds
K2VC2 rounds
Shanghai Entrepreneurship Relay Technology Financial Group2 rounds
Spinnotec2 rounds
Stony Creek Capital2 rounds
Summitview Capital2 rounds
Zhongke Chuangxing2 rounds
ASE Technology Holding1 rounds

Notable founders

Huajing Jiang
CEO · TERJIN
Qian Shengqia
Founder & CEO · Mubai Technology
Qian Shengqian
CEO · Mubai Technology
Deming Tang
Founder · Avantsemi
Xiaozhou Zhou
Co-Founder & CEO · GreenOre
Ah-Hyung Park
Co-Founder · GreenOre
Matthew Ma
Founder · Shanghai Xuantian Industrial Equipment
Fei Chen
Co-Founder · Nahong Yida
Yijian Zhang
Co-Founder · Proton Robotics
Prism market signals · China · country-scoped Prism corpus, 249,150 docs

Market landscape — 10 sub-themes by coverage

Share of Manufacturing Services 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.

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
Breakthroughs are rising (12%→28% of field), led by 3D printing.
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
Advancements are cooling (76%→57% of field), led by 3D printing.
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
Concerns are rising (3%→4% of field), led by 3D printing.
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 Manufacturing Services companies are there in Shanghai, China?
Radar tracks 66 indexable Manufacturing Services companies headquartered in Shanghai, China that meet our profile-completeness bar.
What is the total funding raised by Manufacturing Services companies in Shanghai, China?
The Manufacturing Services companies in Shanghai, China on this list have raised a combined $383.9M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Manufacturing Services company in Shanghai, China?
Hejian Industrial Software is the highest-funded Manufacturing Services company in Shanghai, China, with $274.1M in disclosed equity funding.
How many Manufacturing Services companies in Shanghai, China are funded?
8 of the 66 Manufacturing Services companies in Shanghai, China on this list have disclosed at least one equity funding round.
How many Manufacturing Services unicorns are there in Shanghai, China?
None of the Manufacturing Services companies in Shanghai, China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Shanghai, China Manufacturing Services companies?
The most active investors in Shanghai, China Manufacturing Services companies on this list include Shenzhen Capital Group, CDH, Gage Finance, K2VC, Shanghai Entrepreneurship Relay Technology Financial Group.
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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