In 2026, the global technology industry is undergoing a structural reconfiguration. Embodied intelligence is moving from laboratories to factory production lines, large language model technologies are reshaping the operational logic across myriad industries, and emerging sectors such as commercial spaceflight, the low-altitude economy, and quantum information are rapidly taking shape. Meanwhile, China’s venture capital ecosystem continues to evolve, with patient capital accelerating its aggregation. State-owned platforms and market-oriented funds are working in synergy, as both industrial and capital sectors jointly focus on cultivating hard-tech innovative enterprises. Against this backdrop, identifying high-quality innovative companies that possess genuine technological barriers and mature commercialization capabilities has become a core concern shared by both the investment community and the industrial sector.

In 2006, when Zero2IPO Holdings (01945.HK) launched the “VENTURE50 Most Valuable Investment Enterprises” selection, China’s venture capital market was still in its nascent stage. Two decades later, this innovation enterprise ranking has witnessed the complete cycle from business model innovation to technology-driven growth, cumulatively observing the participation and development of more than 80,000 companies. In 2026, the selection process embarks once again. VENTURE50 will continue to leverage its professional investment perspective and multi-dimensional evaluation system to identify high-quality enterprises that combine technological breakthrough capabilities with strong commercialization potential, thereby building an efficient bridge connecting enterprises with capital.
Empowering Enterprises to Unblock Financing Bottlenecks
Looking back, VENTURE50 has become a key benchmark for assessing the investment value of high-growth companies since its inception, continuously empowering businesses to achieve high-quality growth and helping them overcome financing challenges. As of January 2026, the program has attracted over 81,000 participating companies, with selected enterprises securing more than RMB 350 billion in subsequent financing. The post-selection financing rate stands at 71%, and the IPO rate reaches 14.5%. Behind these impressive figures lies a vivid testament to VENTURE50’s two decades of deep commitment to cultivating the venture capital ecosystem—from precisely identifying seed-stage projects, to bridging resources for growth-stage companies, and providing capital empowerment for mature enterprises—enabling batches of innovative companies to achieve leapfrog growth from “sprouts” to “unicorns.”
Multi-Dimensional Selection of Innovation Pioneers
In 2026, VENTURE50 embraces a new cycle with a revamped mechanism. The selection continues to feature the Wind List, the Sprout List, and Industry-Specific Lists, covering the full growth spectrum of enterprises from early-stage to mature-stage:
The Rankings: Targeting private companies that have completed Series B financing or were established before 2023, this list evaluates enterprises based on their scientific and technological innovation capabilities, technical advantages, team characteristics, operational proficiency, and monetization potential. It is designed for companies seeking follow-on financing, local market entry, and increased exposure.
New Sprout List: Targeting pre-IPO companies established after 2023 that are at Series B or earlier funding stages, this list evaluates projects based on dimensions such as innovativeness, forward-looking potential, growth trajectory, feasibility, and uniqueness. It is designed for enterprises seeking financing, business opportunities, and accelerated growth.
Industry Rankings: Benchmark innovative companies with industry-leading significance are selected from among non-listed enterprises in niche sectors that have already participated in the New Sprout List or the Wind & Cloud List.
Breaking Time Boundaries,Keep Capital Connected 24/7
In 2026, VENTURE50 comprehensively upgraded its roadshow mechanism by launching the “VENTURE50 Roadshow Day” series. This initiative breaks the temporal constraints of annual evaluations, establishing a normalized model characterized by “monthly roadshows, in-depth engagement in every city, and targeted matchmaking at every event,” thereby creating a year-round platform for continuous industrial resource and capital对接 for enterprises.
Each month, we host specialized roadshows focusing on frontier sectors such as artificial intelligence, embodied AI, life sciences, brain-computer interfaces, innovative drugs, the low-altitude economy, quantum information, photonics, new energy, new materials, and hard tech, precisely matching industrial and capital resources. We have already expanded to innovative cities including Beijing, Shanghai, Shenzhen, Suzhou, Chongqing, and Wuhan. By leveraging local industrial policies and resource advantages, we accelerate the implementation of high-quality projects and fully stimulate urban innovation and entrepreneurial vitality.
The submission channel for the 2026 VENTURE50 corporate selection is now officially open. The project submission period runs from May to September, with evaluations scheduled for October–November and the final results to be announced in December. Please visit the official event website at https://events.pedaily.cn/venture50/1244/ to register and ensure your hard-core sci-tech innovation enterprise gains precise visibility among investors.