Country comparison
China vs Switzerland: startup funding compared
Since 4 June 2025, startups in China raised $28.3B across 64 rounds, 8.6 times Switzerland's $3.3B.
Capital raised running total by month
Where the money goes share of capital by sector
China
Switzerland
Biggest rounds
Stage mix share of rounds
Most active investors rounds joined
| Investor | China | Switzerland |
|---|---|---|
| Founderful | · | 14 |
| Venture Kick | · | 10 |
| Zürcher Kantonalbank | · | 9 |
| High-Tech Gründerfonds | · | 7 |
| Qiming Venture Partners | 7 | · |
| IDG Capital | 6 | · |
| Kickfund | · | 6 |
| 5Y Capital | 5 | · |
| Creandum | · | 4 |
| LAV | 4 | · |
| MPCi | 4 | · |
| OrbiMed | 3 | 1 |
Startup hubs rounds and capital by city
China
Switzerland
Latest rounds
Questions
Which country raised more startup funding, China or Switzerland?
China. Since 4 June 2025, startups in China raised $28.3B across 64 rounds, against $3.3B across 128 rounds in Switzerland, 8.6 times more. That is 4.0% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in China and Switzerland?
64 rounds in China and 128 rounds in Switzerland since 4 June 2025, about 4 and 8 a month.
Are startup rounds bigger in China or Switzerland?
The median round is $112M in China and $7.5M in Switzerland, and the average round $441M and $25.7M. 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 Switzerland?
The biggest startup rounds in Switzerland since 4 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).
Which sectors attract the most startup funding in China and Switzerland?
In China, AI ($23.8B, 84% of the capital), Robotics & Hardware ($2.1B, 8%) and Health ($765M, 3%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.
Is China or Switzerland better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 27% of rounds in China and 61% in Switzerland. China recorded 6 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $41.9M and $4.3M.
How much growth funding (Series B and later) goes to China and Switzerland?
Startups in China raised $6.1B in 19 Series B or later rounds, 22% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% 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 Switzerland?
Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.
Which investors back startups in both China and Switzerland?
4 investors joined rounds in both countries. The most active: OrbiMed (3 in China, 1 in Switzerland), Medicxi (1 in China, 1 in Switzerland), HighLight Capital (1 in China, 1 in Switzerland) and TCGX (1 in China, 1 in Switzerland).
Which cities lead startup funding in China and Switzerland?
Beijing leads China with $6.8B across 19 rounds, ahead of Shanghai ($1.2B). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).
Which month brought the most startup funding?
In China, October 2026 ($15.5B). In Switzerland, July 2025 ($459M).
How much did startups in China and Switzerland 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 Switzerland $523M across 19 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.