How many unicorn startups are there in Taiwan?

As of Jun 2025, Taiwan is home to 3 unicorn startups.

Which startup in Taiwan most recently became a unicorn?

ProLogium is the latest startup in Taiwan to achieve unicorn status, reaching this milestone on Oct 29, 2021.

What are the top sectors for unicorn startups in Taiwan?

The leading sectors for unicorn creation in Taiwan are High Tech (2 unicorns), followed by Energy Tech (2 unicorns) and Enterprise Applications (1 unicorn).

Which city in Taiwan hosts the most unicorn companies?

Taipei city leads within Taiwan, being home to 2 of the country's unicorn startups.

Unicorn startups in Taiwan (Jun, 2025)

Last updated: June 16, 2025

A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Taiwan has more than 9K+ startups. Of these, 3 have become Unicorns, with the latest entrant to the club being ProLogium on Oct 29, 2021. In 2025, Taiwan has seen no new unicorn startups.

Globally, Taiwan is number 36 in terms of total Unicorns created, behind Saudi Arabia (3 unicorns) at rank 35 and Philippines (3 unicorns) at rank 34. Taipei leads the list of cities in Taiwan with most unicorns at 2. It is followed by Taoyuan City (1 unicorn). Among sectors, High Tech has seen the most unicorns created at 2, followed by Energy Tech at 2, and Enterprise Applications at 1

Here is a list of all 3 unicorns created in Taiwan:

3. ProLogium

ProLogium joined the Unicorn Club on Oct 29, 2021 after raising a $326M Series E funding round led by SBCVC, Danfeng Capital, Epoch Capital Partners, valuing it at $1B.

Manufacturer of thin and flexible lithium-ion batteries. It develops various sizes of its products that can be used in wearables and mobile devices such as smartwatches, mobile phones, tablets, and IoT devices.

Key facts about ProLogium

Founded Year: 2006
Location: Taoyuan City (Taiwan)
Stage: Series E
Primary Sector: Energy Storage Tech
Time to Unicorn: 15 years 9 months
Top investors : Mercedes-Benz, SBCVC
Valuation: $1B as on Oct 29, 2021
Total Funding till date: $576M
Latest Funding Round: Series E, Jul 06, 2022

2. Appier

Appier joined the Unicorn Club on Nov 26, 2019 after raising a $80M Series D funding round led by TGVest Capital, Arm.

Personalized omnichannel marketing and advertising solutions for businesses. It offers a range of AI-powered platforms to optimize user acquisition, campaign automation, conversion optimization, and personalized customer experiences. It enables businesses to create personalized marketing campaigns.

Key facts about Appier

Founded Year: 2012
Location: Taipei (Taiwan)
Stage: Public
Primary Sector: MarketingTech
Time to Unicorn: 7 years 10 months
Top investors : UMC Capital, EDBI
Total Funding till date: $162M
Employee Count: 5 as on Dec 31, 2022
Latest Funding Round: Series D, Nov 26, 2019, $80M

1. Gogoro

Gogoro joined the Unicorn Club on Sep 19, 2017 after raising a $300M Series C funding round led by Temasek, Generation Investment Management, sumitomocorp.co.jp and 1 more.

Developer of electric scooters and operator of battery swapping networks. The scooters have anti-lock braking systems, ABS tires, front suspensions, swappable batteries, tail grips, anti-theft systems, and an integrated app displaying battery levels and vehicle performance. It operates a network of battery-swapping stations using AI and cloud-based solutions across commercial areas such as parking lots and supermarkets. Its swappable batteries are encased in aluminum and are waterproof.

Key facts about Gogoro

Founded Year: 2011
Location: Taipei (Taiwan)
Stage: Public
Primary Sector: Electric Vehicles
Time to Unicorn: 6 years 8 months
Top investors : Temasek, CDIB Capital Group
Annual Revenue: $350M as on Dec 31, 2023
Total Funding till date: $480M
Employee Count: 1,892 as on Dec 31, 2023
Latest Funding Round: Post IPO, Jun 03, 2024, $50M

See unicorn Trends in Taiwan