
Meet Hong Kong's Thriving Startups of 2025: Innovations that are Changing the Game!
2025-04-17
Author: Lok
A Surge in Health Innovation
2025 has proven to be a landmark year for Hong Kong's startup scene, with healthcare startups taking the lead. Aligning perfectly with predictions of a health-driven entrepreneurial surge, three innovative healthcare ventures made the Hottest Startups list. The retail sector also shined brightly, contributing two impressive entries.
Funding Fuels Growth
This year's spotlight is on startups with significant funding histories, alongside those endorsed by prestigious venture capital firms like Beyond Ventures and analytics platforms like Tracxn Technologies. Let's dive into the standout startups making waves in Hong Kong!
Groundbreaking Ventures to Watch in 2025
1. Allegrow Biotech
Founded by PhDs Laurence Lau and Ying Chau in 2023, Allegrow Biotech has raised an impressive $10 million. This startup is revolutionizing cell therapy with its artificial cell technology that dramatically enhances immune cell production. As a spin-off from HKUST, they aim to provide cutting-edge solutions in treating cancer, autoimmune disorders, and more, making cell therapies more accessible worldwide.
2. GUTolution
The brainchild of Wayne Chan Cheuk-lap and Wilson Chang, GUTolution is reshaping healthspan extension through innovative microbiome solutions. With $3.9 million in funding, this 2023 startup offers at-home health tests and precision supplements based on individual gut health. Their partnerships with top universities and healthcare companies are propelling them into international markets, including Southeast Asia.
3. Primus Labs
Founded by Xiang Xie and Vicky Zhang, Primus Labs has secured over $50 million in funding. This 2023 startup bridges the gap between traditional and decentralized finance, enhancing blockchain applications with real-world data verification. With partnerships spanning over 20 organizations, they are positioned to transform the digital landscape.
4. Stellerus Technology
Hui Su, Limin Zhang, and Jeffrey Xu launched Stellerus in 2023 and raised $6.5 million to help governments tackle climate risks using AI. Their satellite technology assesses hazards and strategies for infrastructure resilience, with ambitious plans for expansion into Southeast Asia and the Middle East.
5. Braillic
Led by Camroo Ahmed, Braillic is pioneering augmented reality in surgery. With a funding of $1 million, this startup is enhancing surgical precision through their ArNav system. Expanding beyond neurosurgery, they aim to streamline complex procedures and improve patient safety.
6. Cathoven AI
Co-founded by Guanjiao Long, Erdi Tac, and Yenhsun Lee, Cathoven AI is transforming language learning with its advanced scoring system. Their technology is trusted by top educational institutions and is set to further its reach in 2025 through collaborations with EdTech companies.
7. Code-Create
Calvin and Kim Wong developed Code-Create, an innovative platform transforming fashion design. With an undisclosed seed funding, the startup is set to scale its AI capabilities while empowering fashion designers with efficient tools for copyright protection.
8. not only powder
Founders Fioni Fong and Alvin Fong are tackling food waste creatively. Their startup, nop, repurposes 'ugly' fruits into nutritious products using freeze-drying technology. They're not just saving food; they’re promoting health and sustainability!
9. The Z Label
This stylish startup co-founded by Ruby Cheng and Rebecca Leung, with a whopping $88.7 million in funding, is leveraging AI and big data to create Gen Z-focused products. They partner with diverse sectors to infuse new trends into Hong Kong’s startup ecosystem.
10. Xalts
Xalts is all about finance innovation, founded by Ashutosh Goel and Supreet Kaur. Their fintech platform, backed by major businesses and investors, is optimizing treasury operations with automated AI agents.
Conclusion: The Future Looks Bright
These startups are not just highlights of the year; they represent the future of technology and innovation in Hong Kong. As they continue to secure funding and expand their impact, we can expect to see even more groundbreaking developments in the coming years!