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When I joined Tech In Asia, one of the first few articles I wrote was about AI company SenseTime. Writing the piece was an interesting process, not just because I was learning the ropes but also because it gave me an opportunity to dive deeper into China’s tech scene. It gave me a good view of how AI could potentially drive the country’s healthcare systems forward and made me realize that the technology was real and not just something from movies like Terminator.
As a rapidly growing startup, SenseTime has made it onto our listicle story for today, which details the top 50 rising startups in China. Here’s a look at the explosive growth of the next wave of Chinese tech companies.
Today we look at,
- 50 Chinese startups on the fast track to success
- A hair removal company grows its coffers with new funds
- Other newsy highlights such as AirAsia’s rebranding and ex-TaniHub CEO Ivan Arie Sustiawan’s new venture fund.
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Don’t stop them now, they’re having a good time
Image credit: Timmy Loen
The companies on our most recent listicle might not always be the first ones to come to mind when someone mentions “Chinese tech,” but they’re still very much powerhouses in their own right. Who knows, maybe one day we’ll be mentioning the likes of Leapstack or ZTO Freight in the same breath as Alibaba and Tencent.
- Health first: Many of the companies on this list are involved with either healthcare technology, biopharmaceuticals, or other biotechnologies. Out of the 50 companies on the list, 18 of them fall into the above categories. These include startups such as Beion, Navid, and Bestop, among others.
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Chips in China: Firms that produce semiconductors make up another major sector on our list. If you’re interested in semiconductor manufacturing in China, you should keep your eye on these growing companies: Pure Semiconductor, Sicreat, Yuntu Semiconductor, GeoforceChip, Lizhu Intelligence, and TIH Microelectronics.
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Sticking out: While most of the companies on the list have something to do with fancy tech like AI or big data, Youwomen Duck Neck sauntered onto this list as a seller of lo mei, a Chinese noodle dish. The company raised US$1.7 million in funding last year (yes, it’s already last year).
Read more: 50 rising startups in China
Startup spotlight
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