TechNode’s Top 10 Fundraising Stories of 2016

It’s finally 2017. While the capital winter has spooked China’s internet industry since the beginning of 2016, many have still managed to score new funding and hope that this year will be better than last.

Overall, social networking, biotech, electric cars were some of the hottest verticals in China. Contrary to what we believed before we started looking at our traffic data, funding stories of small and medium-sized startups, rather than BAT (Baidu, Alibaba, Tencent), grabbed the top spots in the list. This indicates a shift in interest from China’s internet behemoths to the more innovative startups coming from China.

Here’s the list:

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