Zhejiang unicorn ranks swell to 58 as AI, chips drive next wave
Hangzhou continued to dominate the landscape, home to 48 of the province’s unicorns, up from 44 last year—when it already hosted roughly four out of every five such startups.
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Hangzhou scales up drone delivery as ‘air express’ gains traction
The model has gained momentum over the past six months, targeting dense commercial zones, office clusters and residential neighborhoods.
Hangzhou innovation conference to spotlight HK IPO rush for unicorns
The three-day event (April 22-24), themed around innovation and AI, will introduce a dedicated forum connecting unicorn companies with overseas listing channels, particularly in Hong Kong.
Hangzhou ranks No. 2 in China AI computing capacity as sector expands
The city trails only Beijing in total computing capacity, according to industry data, reflecting the capital’s concentration of national-level data centers and research institutions.
Hangzhou launches smart clearance tool to trim trade flows at Yiwu port
The port handles around 2,000 twenty-foot equivalent units (TEUs) daily, peaking at over 4,000, with more than half destined for transshipment.
Manycore Tech starts share sale, eyes first global space-intelligence IPO
The offering marks Manycore as the first global space-intelligence company to go public and the first among Hangzhou’s so-called “Six Little Dragons” to hit the capital markets.
Computer vision giant Deep Glint picks Hangzhou for East China HQ
The new Hangzhou headquarters will focus on serving government and enterprise clients while scaling deployment of vision-AI applications across industries from finance to transportation.
Hangzhou rolls out grants of up to RMB 500,000 to attract young entrepreneurs
Hangzhou has spent 18 years building its student entrepreneurship programs, rolling out six successive three-year initiatives that have helped nurture startups including robotics firm Unitree.
Hangzhou to host real-world robot competition, fast-track monetization
Parts of the professional testing events next month will prohibit remote controls, requiring machines to rely entirely on autonomous perception and decision-making.
Hangzhou launches high-end data labeling hub to power AI training ecosystem
The Hangzhou base will focus on higher-value labeling tasks tied to complex industrial scenarios such as autonomous driving, embodied intelligence, smart healthcare and industrial AI.