Top Startup Accelerators in China in 2025

Sep 8, 2025

China’s startup ecosystem continues to expand rapidly in 2025, fueled by strong government backing, a maturing venture capital landscape, and increasing global ambition. From AI and fintech to biotech and cleantech, accelerators play a crucial role in helping early-stage ventures commercialize and scale. Here are the top startup accelerators in China in 2025.

1. Chinaccelerator (SOSV)

China’s first mentorship-driven accelerator program, Chinaccelerator focuses on cross-border internet and software startups. It provides seed funding, mentorship, and access to SOSV’s global network.

2. HAX (SOSV)

Based in Shenzhen, HAX is one of the world’s premier hardware accelerators. It supports startups with prototyping, manufacturing, and fundraising, leveraging Shenzhen’s vast supply chain ecosystem.

3. InnoSpace

Located in Shanghai, InnoSpace offers acceleration, coworking, and venture capital support. It has been instrumental in scaling internet, mobile, and tech-enabled startups.

4. TusStar

Affiliated with Tsinghua University, TusStar is one of China’s largest accelerator and incubator networks. It supports startups with R&D, funding, and access to government and corporate partnerships.

5. XNode

A Shanghai-based accelerator connecting startups with corporate partners. It runs open innovation programs, supporting ventures in AI, healthcare, and enterprise solutions.

6. Shanghai Technology Innovation Center (STIC)

Backed by municipal and national initiatives, STIC supports deep-tech ventures in biotech, AI, and materials science, often serving as a launchpad for commercialization.

7. Microsoft ScaleUp Shanghai

Part of Microsoft’s global accelerator initiative, this program supports B2B startups with mentorship, cloud resources, and international networking opportunities.

8. Alibaba Entrepreneurs Fund / eWTP

Alibaba’s accelerator programs support startups in e-commerce, fintech, logistics, and cloud services, with funding and market access across China and Southeast Asia.

9. ZhenFund Accelerator

An initiative of one of China’s most influential angel investment firms, ZhenFund Accelerator nurtures early-stage startups in education, healthcare, and consumer internet.

10. Plug and Play China

A local arm of the global Plug and Play accelerator, it focuses on fintech, mobility, and supply chain innovation. Startups gain access to corporate partners, investors, and global expansion pathways.

Accelerator Snapshot

Accelerator

Location

Key Focus / Highlights

Chinaccelerator (SOSV)

Shanghai

Cross-border internet and software startups

HAX (SOSV)

Shenzhen

Hardware prototyping and manufacturing

InnoSpace

Shanghai

Mobile, internet, and tech-enabled startups

TusStar

Nationwide

University-affiliated, R&D-backed innovation

XNode

Shanghai

Corporate-startup open innovation

Shanghai Technology Innovation Ctr.

Shanghai

Deep-tech, biotech, and AI

Microsoft ScaleUp Shanghai

Shanghai

B2B, enterprise cloud, global network

Alibaba Entrepreneurs Fund / eWTP

Hangzhou/Asia

E-commerce, fintech, logistics

ZhenFund Accelerator

Beijing

Education, healthcare, consumer internet

Plug and Play China

Nationwide

Fintech, mobility, supply chain

China’s accelerators in 2025 blend global expertise with local strengths, particularly in hardware, AI, and digital platforms. For founders seeking to apply, investor-ready documentation is critical. Peony helps startups with AI-powered file organization, branded data rooms, and engagement analytics—ensuring their applications and pitches stand out.