Country comparison
China vs Finland: startup funding compared
Since 4 June 2025, startups in China raised $28.3B across 64 rounds, 13.2 times Finland's $2.1B.
Capital raised running total by month
Where the money goes share of capital by sector
China
Finland
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | Finland |
|---|---|---|
| Lifeline Ventures | · | 14 |
| Qiming Venture Partners | 7 | · |
| Tesi | · | 7 |
| IDG Capital | 6 | · |
| 5Y Capital | 5 | · |
| Antler | · | 5 |
| Business Finland | · | 4 |
| LAV | 4 | · |
| MPCi | 4 | · |
| Tencent | 4 | · |
| BioTrack Capital | 3 | · |
| byFounders | · | 3 |
Startup hubs rounds and capital by city
China
Finland
Latest rounds
Questions
Which country raised more startup funding, China or Finland?
China. Since 4 June 2025, startups in China raised $28.3B across 64 rounds, against $2.1B across 64 rounds in Finland, 13.2 times more. That is 4.0% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and Finland?
64 rounds in China and 64 rounds in Finland since 4 June 2025, about 4 and 4 a month.
Are startup rounds bigger in China or Finland?
The median round is $112M in China and $4.5M in Finland, and the average round $441M and $33.5M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in China?
The biggest startup rounds in China since 4 June 2025 are DeepSeek ($15B, 22 Oct 2026), Moonshot AI ($3.5B, Series F, 30 Jul 2026) and StepFun ($717M, 26 Jan 2026).
What is the biggest startup round in Finland?
The biggest startup rounds in Finland since 4 June 2025 are Oura ($900M, Series E, 14 Oct 2025), IQM Quantum Computers ($300M, Series B, 3 Sept 2025) and Verda ($189M, Series B, 22 Sept 2026).
Which sectors attract the most startup funding in China and Finland?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In Finland, Health ($914M, 43% of the capital), Robotics & Hardware ($496M, 23%) and AI ($449M, 21%) lead.
Is China or Finland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 69% in Finland. China recorded 6 Pre-Seed or Seed rounds and Finland 36 Pre-Seed or Seed rounds, with a median of $41.9M and $3.1M.
How much growth funding (Series B and later) goes to China and Finland?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In Finland, $1.6B in 5 rounds, 74% of the capital.
Who are the most active startup investors in China?
Qiming Venture Partners (7 rounds, 2 led), IDG Capital (6 rounds, 5 led) and 5Y Capital (5 rounds) are the most active investors in China.
Who are the most active startup investors in Finland?
Lifeline Ventures (14 rounds, 9 led), Tesi (7 rounds, 1 led) and Antler (5 rounds, 2 led) are the most active investors in Finland.
Which investors back startups in both China and Finland?
No investor in FundraiseBase joined rounds in both countries yet.
Which cities lead startup funding in China and Finland?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Oulu leads Finland with $902M across 2 rounds, ahead of Helsinki ($561M).
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In Finland, October 2025 ($900M).
How much did startups in China and Finland raise in the last 90 days?
In the 90 days to 9 Nov 2026, startups in China raised $17.3B across 14 rounds and in Finland $244M across 9 rounds.
Where does this data come from?
FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.