Country comparison
China vs Singapore: startup funding compared
Since 5 June 2025, startups in China raised $28.3B across 64 rounds, 3.1 times Singapore's $9.2B.
Capital raised running total by month
Where the money goes share of capital by sector
China
Singapore
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | Singapore |
|---|---|---|
| Qiming Venture Partners | 7 | · |
| IDG Capital | 6 | · |
| 5Y Capital | 5 | · |
| Tin Men Capital | · | 5 |
| Vertex Ventures Southeast Asia & India | · | 5 |
| HSG | 3 | 1 |
| LAV | 4 | · |
| MPCi | 4 | · |
| Peak XV Partners | · | 4 |
| Tencent | 4 | · |
| BioTrack Capital | 3 | · |
| CDH Investments | 1 | 2 |
Startup hubs rounds and capital by city
China
Singapore
Latest rounds
Questions
Which country raised more startup funding, China or Singapore?
China. Since 5 June 2025, startups in China raised $28.3B across 64 rounds, against $9.2B across 71 rounds in Singapore, 3.1 times more. That is 4.0% and 1.3% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and Singapore?
64 rounds in China and 71 rounds in Singapore since 5 June 2025, about 4 and 4 a month.
Are startup rounds bigger in China or Singapore?
The median round is $112M in China and $10.5M in Singapore, and the average round $441M and $130M. 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 Singapore?
The biggest startup rounds in Singapore since 5 June 2025 are DayOne Data centers ($4.5B, Series C, 5 Jun 2026), DayOne Data Centers ($2B, Series C, 5 Jan 2026) and PixVerse ($439M, 14 Jul 2026).
Which sectors attract the most startup funding in China and Singapore?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In Singapore, Enterprise software ($6.5B, 71% of the capital), AI ($1.2B, 13%) and Fintech ($550M, 6%) lead.
Is China or Singapore better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 52% in Singapore. China recorded 6 Pre-Seed or Seed rounds and Singapore 21 Pre-Seed or Seed rounds, with a median of $41.9M and $2.6M.
How much growth funding (Series B and later) goes to China and Singapore?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In Singapore, $7.4B in 11 rounds, 81% 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 Singapore?
Vertex Ventures Southeast Asia & India (5 rounds, 5 led), Tin Men Capital (5 rounds, 4 led) and Peak XV Partners (4 rounds, 1 led) are the most active investors in Singapore.
Which investors back startups in both China and Singapore?
8 investors joined rounds in both countries. The most active: HSG (3 in China, 1 in Singapore), CDH Investments (1 in China, 2 in Singapore), Alibaba (1 in China, 1 in Singapore), BlueFocus (1 in China, 1 in Singapore) and Vertex Growth (1 in China, 1 in Singapore).
Which cities lead startup funding in China and Singapore?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Bengaluru leads Singapore with $450K across 1 round.
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In Singapore, June 2026 ($4.5B).
How much did startups in China and Singapore 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 Singapore $178M across 12 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.