Country comparison
China vs Mexico: startup funding compared
Since 5 June 2025, startups in China raised $28.3B across 64 rounds, 21.5 times Mexico's $1.3B.
Capital raised running total by month
Where the money goes share of capital by sector
China
Mexico
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | Mexico |
|---|---|---|
| Qiming Venture Partners | 7 | · |
| IDG Capital | 6 | · |
| 5Y Capital | 5 | · |
| LAV | 4 | · |
| MPCi | 4 | · |
| Tencent | 4 | · |
| BioTrack Capital | 3 | · |
| HSG | 3 | · |
| OrbiMed | 3 | · |
| Tencent Holdings | 3 | · |
| Andreessen Horowitz | · | 2 |
| Apricot Capital | 2 | · |
Startup hubs rounds and capital by city
China
Mexico
Latest rounds
Questions
Which country raised more startup funding, China or Mexico?
China. Since 5 June 2025, startups in China raised $28.3B across 64 rounds, against $1.3B across 23 rounds in Mexico, 21.5 times more. That is 4.0% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and Mexico?
64 rounds in China and 23 rounds in Mexico since 5 June 2025, about 4 and 1 a month.
Are startup rounds bigger in China or Mexico?
The median round is $112M in China and $13M in Mexico, and the average round $441M and $57.3M. 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 5 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 Mexico?
The biggest startup rounds in Mexico since 5 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).
Which sectors attract the most startup funding in China and Mexico?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.
Is China or Mexico better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 61% in Mexico. China recorded 6 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $41.9M and $4.8M.
How much growth funding (Series B and later) goes to China and Mexico?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In Mexico, $1B in 5 rounds, 79% 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 Mexico?
Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.
Which investors back startups in both China and Mexico?
No investor in FundraiseBase joined rounds in both countries yet.
Which cities lead startup funding in China and Mexico?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In Mexico, April 2026 ($405M).
How much did startups in China and Mexico raise in the last 90 days?
In the 90 days to 10 Nov 2026, startups in China raised $17.2B across 13 rounds and in Mexico $190M across 2 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.