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CB Insights unveils the list of global unicorn start-ups

chinadaily.com.cn | Updated: Mar 18, 2019 L M S

Chinese unicorns

China is emerging as a fertile land for unicorn companies, with a total of 92 Chinese unicorns on the list. In addition to Jinri Toutiao and Didi and other large-scale companies, the total valuation of 37 Chinese companies have reached $ 1 billion, which are distributed in the fields of health care, transportation and education.

Among them, there are 18 Beijing companies, accounting for about half of the total number. The following are some of Beijing companies ranked by valuation.

BITMAN

Beijing-based BITMAN produces Bitcoin mining servers and other computing components. In February 2019, the company announced the development of an energy-efficient ASIC chip for bitcoin cash mining.

The valuation of BITMAN is $ 12 billion, with a total financing of $ 450 million.

Easyhome

Headquartered in Beijing, Easyhome sells home furniture and design products. The company is valued at $5.78 billion and has a total financing of $2.09 billion.

Jusfoun Big Data

Jusfoun Big Data is an operator of government data asset. It has cooperated with the Israel Business Alliance and the China Fisheries Association. The company is valued at $1.6 billion and has total financing of $137 million.

Fourth paradigm

The fourth paradigm is committed to developing machine learning software that can be applied in various use-cases. The company is valued at $1.2 billion and has a total financing of $145 million.

MOMENTA

MOMENTA initial speed

Momenta is an AI company that develops autonomous driving technology. Its products include Mpilot, Momenta Valet Parking (MVP) and AutoRing. The company is valued at $1 billion and has total financing of $62 million.

Linisound

Beijing-based Linisound develops intelligent voice recognition and voice processing technologies. The company is valued at $1 billion, with total financing reaching $279 million.

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