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Radar · Sustainability Tech in Zhejiang

Best Sustainability Tech Companies in Zhejiang, China

The 43 best Sustainability Tech companies in Zhejiang, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ascletis.

43companies tracked
$573.7Mdisclosed funding
1unicorns
16have raised
FLIAR INTELLIGENCE · SUSTAINABILITY TECH × ZHEJIANG

Our analysis of 293 Sustainability Tech companies

$38.4b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

293companies analysed
83%cloud-native stacks
2025funding peak (by rounds)
12unicorns
2018median founding year

Ranked: Best Sustainability Tech companies in Zhejiang

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Ascletis
Developer of small molecules for the treatment of multiple diseases
42Funding top 19%Product top 30%Moat top 31%Innovation top 34%
All 10 signals ▾
Fundingtop 19%
Producttop 30%
Moattop 31%
Innovationtop 34%
Talentbottom 49%
Marketbottom 42%
Growthbottom 42%
Globalbottom 36%
Techbottom 30%
Newsbottom 24%
Funding: Raised $255M across 5 rounds · 5 rounds over 15 yrs (0.3/yr)
Product: 6 distinct product lines · Company stage: Series B
rank vs industry peers · Fliar Intelligence Index 42/100
$255M6 mo agoSeries BJinzi Wu
Founder & CEO
2011PHPJW PlayerBootstrap+6——
2RecBio
Developer of vaccines to prevent infectious disease
$172M68 mo agoPublicYong Liu
Founder & CEO
2012BootstrapjQuerySwiper+4——
3Ustar Biotechnologies
Isothermal amplification kits for pathogen detection and genotyping of infectious diseases
$62M56 mo agoSeries E—2005WordPressMySQLPHP+2131 patents
Integrated microfluidic CRISPR-based nucleic acid detection and sample‑processing cartridges
—
4Microquanta
Developers of perovskite solar cells
$56M46 mo agoSeries DBuyi Yan
Co-Founder
2015———
5Zheda Energy
Provider of smart power carbon asset management solutions for businesses
$14M46 mo agoSeries AJiang Xuedong
Co-Founder
2017———
6Weifulai Technology
Provider of smart waste management solutions
55Market top 31%Funding top 47%Global bottom 29%
All 3 signals ▾
Markettop 31%
Fundingtop 47%
Globalbottom 29%
Market: 300 employees (top 7% of High Tech)
Funding: Raised $8.4M across 1 rounds · 1 rounds over 3 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 55/100
$8M5 mo agoSeries C—2013———
7KAT VR
Provider of a VR-based omnidirectional treadmill
$7M59 mo agoSeries A—2013Cart FunctionalityShopifyBootstrap+28——
8Fox ESS 🦄
Manufacturer of inverters, chargers, batteries, and energy storage system components
$55K38 mo agoSeries DJustin Claxton
Co-Founder & Vice President
2019WordPressMySQLPHP+28—1 launch

Top 12 Sustainability Tech companies in Zhejiang

#1
Series B · Hangzhou, Zhejiang · founded 2011 · 41 employees
$255Mraised
▾

Developer of small molecules for the treatment of multiple diseases. It offers pipeline of drug candidates which include Ritonavir for Covid, Ravidasvir for HCV, ASC22 for HIV, ASC40 for NASH, acne, solid tumor, breast cancer, and others.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 19%
Product
top 30%
Moat
top 31%
Innovation
top 34%
Talent
bottom 49%
Market
bottom 42%
Funding: Raised $255M across 5 rounds · 5 rounds over 15 yrs (0.3/yr) · Last round Post IPO (Feb 2026)
Product: 6 distinct product lines · Company stage: Series B
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 10 curated direct competitors tracked
Funding rounds
  • Feb 2026Post IPO$107.9M
  • Jan 2017Series B$100M
  • Dec 2015Series B$20M
  • Sep 2015Series B$35M
Founders & team
Jinzi WuFounder & CEO
Investors
CBC Group, Tasly, Pavilion Capital Partners, Goldman Sachs, Qianhai Equity Investment Fund, Hangzhou Binjiang Investment Holding
#2
Series C · Hangzhou, Zhejiang · founded 2013 · 300 employees
$8.4Mraised
▾

Provider of smart waste management solutions. Its offerings include a cloud-based waste sorting machine and AI and blockchain-powered data analytics software. Its solution covers the entire waste management life cycle from classification, cearing, transportation, recycling, reduction treatment, and operations mangement. It alo offers smart access control locks, QR-code based samrt cabinets, sensor embedded sanitizer dispensers, and waste recycling plants.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Market
top 31%
Funding
top 47%
Global
bottom 29%
Market: 300 employees (top 7% of High Tech)
Funding: Raised $8.4M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Series C (Mar 2026)
Global: Single-market focus (China)
Funding rounds
  • Mar 2026Series C—
  • Jun 2023Series B$8.4M
Investors
Zhejiang Chenghe Asset Management, Bojiang Capital
#3
Public · Taizhou, Zhejiang · founded 2012
$171.8Mraised
▾

Developer of vaccines to prevent infectious disease. The company's products include recombinant COVID-19 vaccine, coronary pneumonia vaccine (CHO cell) ReCOV, Human Papillomavirus Vaccine (Nine/Bivalent) to prevent HPV-induced infections, and recombinant shingles vaccine to prevent the infraction caused by the varicella-zoster virus (VZV).

Funding rounds
  • Dec 2020Series B$100M
  • 2019Series A$71.8M
Founders & team
Yong LiuFounder & CEO
Investors
Legend Capital, LYFE Capital, Vertex Ventures, Haitong Kaiyuan Investment, Yuanbio Venture Capital, China Everbright
#4
Series D · Hangzhou, Zhejiang · founded 2015
$55.7Mraised
▾

Microquanta is a developer of thin film perovskite solar cells and aims to commercialize the technology. The company claims to have the built the first set of perovskite solar cell production equipment in their lab and can produce 6x6 sq. cm. scale perovskite solar cells with a conversion rate of 16%.

Funding rounds
  • Oct 2022Series D—
  • Jan 2021Series C$55.7M
Founders & team
Buyi YanCo-Founder
Investors
CMB International Capital, Three Gorges Capital Holdings, BEIJING ENERGY, quzhou financial, CTG, Jingneng Power
#5
Series E · Hangzhou, Zhejiang · founded 2005 · 65 employees
$61.8Mraised
▾

Isothermal amplification kits for pathogen detection and genotyping of infectious diseases. Its proprietary technologies include instrument-free nucleic acid extraction, isothermal amplification, and rapid DNA amplicon detection device which form two nucleic acid testing platforms for microbe detection and SNP/Mutation detection. It developed a series of isothermal amplification testing kits based on these two platforms for pathogen detection and genotyping for tuberculosis, sexually transmitted diseases, and HBV genotyping.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.8% of this cohort's audience
Funding rounds
  • Nov 2021Series E$47M
  • Feb 2021Series E—
  • Aug 2014Series B$11.3M
  • 2012Series B—
Investors
Oriental Fortune Capital, CPE, Legend Capital, Gates, CD Capital, JG Investment
Tech stack
Core-JsElementorEmbed OptimizerEnhanced Responsive ImagesHello ElementorImage Placeholders
#6
Series A · Hangzhou, Zhejiang · founded 2017
$13.9Mraised
▾

Provider of smart power carbon asset management solutions for businesses. It focuses on the intelligent transformation and low carbon evolution of electric power energy.

Funding rounds
  • Oct 2022Series A$13.9M
Founders & team
Jiang XuedongCo-FounderXiaobo LiCo-Founder
Investors
GL Ventures, Source Code Capital, CREO Capital
#7
Series A · Hangzhou, Zhejiang · founded 2013 · 60 employees
$7Mraised
▾

Provider of a VR-based omnidirectional treadmill. Claims that it allows for multi-degrees of human motion creating infinite movement area in VR on minimum physical space in reality. Offers a VR-based walking solution for gamers and is suitable for home use.

Funding rounds
  • Sep 2021Series A—
  • Aug 2020Series A$1.7M
  • Feb 2017Series A$4.4M
  • Feb 2016Angel$1M
Investors
Unity Ventures, Share Capital
Tech stack
BootstrapCart FunctionalityCloudflareCore-JsFacebook PixelGoaffpro
#8
Fox ESS 🦄
Series D · Wenzhou, Zhejiang · founded 2019
$55Kraised
▾

Manufacturer of inverters, chargers, batteries, and energy storage system components. The company provides single-phase and three-phase PV inverters, hybrid inverters, and all-in-one storage solutions. Product offerings include lithium batteries, EQ batteries, EP batteries, EV chargers, and heat pumps. The company focuses on research and development to create advanced products.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 53k LinkedIn followers — 89.0% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jun 2023Series D$141M
Founders & team
Justin ClaxtonCo-Founder & Vice PresidentLyren LiuCo-FounderMichael ZhuChief Executive Officer
Investors
Ori-mind Capital, Panorama Capital
Tech stack
Animate.CssAnime.JsApache Http ServerBaidu Analytics (百度统计)CloudflareCloudflare Bot Management
#9
Series A · Jinhua, Zhejiang · founded 2017
—raised
▾

Smart machines for the food and beverage industry. Its products include AI-integrated trash bins, automatic food delivery robots, and sanitation products

Funding rounds
  • Apr 2024Series A—
Founders & team
Liu ZedongCEO
Investors
Asia Investment Capital
#10
Series C · Hangzhou, Zhejiang · founded 2019
—raised
▾

Jieyi Biotechnology is a developer of sequencing-based microorganism diagnostic technology and platform. The company has developed PDC-Seq (potential diagnostic clue) that is used for high-throughput sequencing of nucleic acids of patient samples. The data is analyzed using a microbial genome database, clinical data, and software tools for predicting the pathogenic microorganisms and resistance genes in the patient.

Funding rounds
  • Feb 2024Series C—
  • Sep 2021Series B—
  • Jan 2021Series B—
  • Aug 2020Series A—
Founders & team
Wang JunFounder & CEO
Investors
Puhua Capital, Proxima Ventures, CD Capital, Alibaba Group, Huatai Zijin Investment, Qianhai Ark Asset Management
#11
Series A · Hangzhou, Zhejiang · founded 2012 · 8 employees
—raised
▾

Provider of smart metering and water management solutions. This company develops and provides comprehensive solutions for smart water meters and related software. Their offerings include prepaid and postpaid AMR/AMI systems, DMA zone management solutions, and a suite of supporting apps. The company manufactures a range of smart water meters utilizing various communication technologies, such as NB-IoT, GPRS, and LoRa. They also offer complete system integration and support services.

Funding rounds
  • Feb 2023Series A—
  • Feb 2023Conventional Debt—
Founders & team
Raymond ZhengCEO
Investors
UBS
#12
Series A · Yongkang, Zhejiang · founded 2015
—raised
▾

Provider of microinverter solutions, monitoring devices, energy storage, and accessories. The company specializes in module-level solar microinverters and communication gateways. It also offers hybrid inverters with battery capabilities. The company provides product order tracking and feedback.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.5% of this cohort's audience
Activity: 3 product launches announced in 12 mo
Funding rounds
  • Oct 2022Series A—
Founders & team
Jundong HuoCEO
Investors
Cloud Angel Fund
Tech stack
Google AnalyticsGoogle Tag ManagerHstsJquerySwiperTengine

Funding & investor landscape

$573.7Mtotal disclosed funding
8companies funded
17disclosed rounds
0rounds last 90 days
Most active investors
CD Capital3 rounds
CPE2 rounds
Legend Capital2 rounds
Rushan Capital2 rounds
Zhejiang Haibang Investment Management2 rounds
Alibaba Group1 rounds
Asia Investment Capital1 rounds
BEIJING ENERGY1 rounds
Bojiang Capital1 rounds
CBC Group1 rounds

Notable founders

Jinzi Wu
Founder & CEO · Ascletis
Yong Liu
Founder & CEO · RecBio
Buyi Yan
Co-Founder · Microquanta
Jiang Xuedong
Co-Founder · Zheda Energy
Xiaobo Li
Co-Founder · Zheda Energy
Justin Claxton
Co-Founder & Vice President · Fox ESS
Lyren Liu
Co-Founder · Fox ESS
Liu Zedong
CEO · Zhejiang Yunpeng Technology
Wang Jun
Founder & CEO · Jieyi Biotechnology
Raymond Zheng
CEO · Hanghou Laison Technology
Jundong Huo
CEO · Envertec
Xiao Guohua
Co-Founder · Jiaxing Econo Biotechnology
Prism market signals · China · country-scoped Prism corpus, 3,939,605 docs

Market landscape — 10 sub-themes by coverage

Share of Sustainability Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Zhejiang · institutions

What Zhejiang researches in climate adaptation

24 papersstance +0.3523% breakthrough32% concern
breakthrough · advancement · concern
local research themes
Flood Risk Assessment and ManagementSustainable Finance and Green BondsCorporate Social Responsibility ReportingUrban Stormwater Management SolutionsTropical and Extratropical Cyclones ResearchEnergy, Environment, Economic Growth
top institutions
  • Zhejiang University9
  • Zhejiang Gongshang University4
  • Zhejiang University of Water Resource and Electric Power3
  • Zhejiang University of Finance and Economics2
  • Zhejiang Shuren University2

Common questions

How many Sustainability Tech companies are there in Zhejiang, China?
Radar tracks 43 indexable Sustainability Tech companies headquartered in Zhejiang, China that meet our profile-completeness bar.
What is the total funding raised by Sustainability Tech companies in Zhejiang, China?
The Sustainability Tech companies in Zhejiang, China on this list have raised a combined $573.7M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Sustainability Tech company in Zhejiang, China?
Ascletis is the highest-funded Sustainability Tech company in Zhejiang, China, with $255M in disclosed equity funding.
How many Sustainability Tech companies in Zhejiang, China are funded?
8 of the 43 Sustainability Tech companies in Zhejiang, China on this list have disclosed at least one equity funding round.
How many Sustainability Tech unicorns are there in Zhejiang, China?
1 Sustainability Tech company in Zhejiang, China on this list is valued at $1B or more.
Who are the top investors in Zhejiang, China Sustainability Tech companies?
The most active investors in Zhejiang, China Sustainability Tech companies on this list include CD Capital, CPE, Legend Capital, Rushan Capital, Zhejiang Haibang Investment Management.
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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