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  <title>启明星 | 13家启明创投投资企业荣登福布斯中国高增长瞪羚榜 | Qiming Venture Partners</title>
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            <h2 class="font-medium">启明星 | 13家启明创投投资企业荣登福布斯中国高增长瞪羚榜</h2>
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          <span class="date-display-single">17/11/2020</span>    
                      |   
          福布斯    
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          <p><strong>福布斯中国</strong>今年首次对中国的创业公司进行大范围调研，从企业的科技创新和商业模式创新出发，<strong>寻找在未来三年到五年内最有可能达到10 亿美元估值，成为独角兽的高成长企业。</strong>更多关注自身创新能力、成长和经营质量的企业是我们的聚焦所在。问卷回收超过300份，90%的上榜企业回复有效。</p>

<p><strong>13家启明创投投资企业登陆该榜单。</strong></p>

<section>
<p>&nbsp;</p>

<p class="rtecenter"><strong>XSKY星辰天合、喔趣科技、星环科技</strong></p>
</section>

<p class="rtecenter">企业服务</p>

<p class="rtecenter">&nbsp;</p>

<p class="rtecenter"><strong>德琪医药、诺辉健康、树兰医疗、数坤科技</strong></p>

<p class="rtecenter">医疗健康</p>

<p class="rtecenter">&nbsp;</p>

<p class="rtecenter"><strong>禾赛科技、文远知行</strong></p>

<p class="rtecenter">人工智能与机器人</p>

<p class="rtecenter">&nbsp;</p>

<p class="rtecenter"><strong>六一教育、快财商学院</strong></p>

<p class="rtecenter">教育科技</p>

<p class="rtecenter">&nbsp;</p>

<p class="rtecenter"><strong>十荟团、全球购骑士特权</strong></p>

<p class="rtecenter">零售电商与新品牌</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p><strong>榜单评估公司收入、估值等指标成长，聚焦中国高增长企业的创新进展。</strong>估值参考公司截止8 月15 日前的最近一轮融资估值。</p>

<p>从本次调研的有效结果看，<strong>高增长瞪羚们2019年收入中位数达到了2亿元人民币，</strong>并且收入增长率中位数达到了86.75%。</p>

<section>
<p><strong>此外上榜企业的研发人员占比，以及硕博士学历员工占比均值也不低；</strong>分别达到了41.6% 和21.57%。<strong>企业平均拥有的专利数量（包含软件著作权）达到了74.43 件。</strong>除航空航天领域外，<strong>研发人员占比最高的两个领域是机器人和企业服务，</strong>研发人员的平均占比分别达到了45.39% 与59.02%。</p>

<p><strong>入选榜单的企业具有较为广泛的地域分布，</strong>100家企业分布在11个省/直辖市/ 自治区。上榜企业最多的三个城市是北京、上海、杭州；北京在多个领域表现抢眼，有37家公司上榜，上海有27家上榜，正向人工智能发力。此外江浙沪承包了几乎所有的创新药瞪羚企业席位，健康服务（包含医疗器械）细分呈现北京、上海、杭州三分天下的格局。</p>
</section>

<section>
<p><strong>从估值上看，参考上榜公司截至2020年8月15日之前的最近一轮融资，100 家“瞪羚”企业总估值达到了3200亿元人民币，</strong>此外这100家公司每年的估值平均增长约50%，公司平均每年融资次数大于0.8次。</p>

<p><strong>榜单中最具竞争力的高权重赛道在企业服务领域，</strong>上榜企业最多，达到了30余家，总价值占到了榜单100家企业价值总和约40% ；同时参与报名企业也是达到2 亿美元估值数量最多的领域。企业服务领域的公司估值成长相较其他行业非常突出，虽然中国企业服务领域起步较晚，目前的市场份额与美国差距也较大，但这批企业的高速发展也从侧面证明了中国企业服务领域的庞大机会。截止2020年6月末，美国估值超过10亿美元的上市企业服务公司200余家，以美国为标杆，万亿级的市场想象力为中国关注To B 领域的资本带来了强大的信心，从样本企业年平均融资频率上看，即使在资本寒冬下，这一细分市场也热火朝天。</p>

<p><strong>从上榜的企业服务公司产品描述来分析归类，中国公司正在更积极地落地人工智能等新一代数字技术，这正在形成中国企业服务领域发展的一大后发优势。</strong>上榜的企业服务公司平均成立时间在5.5年，约三分之一的上榜企业在2014 年前后成立，他们的发展伴随着中国4G 网络的爆发与云计算的蓬勃生长。</p>

<p>2019年是中国人工智能的元年，无人仓库、大型搬运机器人、无人机、智能驾驶纷纷落地；智能语音交互、机器翻译、人脸识别、图像识别、机器学习平台等应用大范围、高频率出现在公众视野里。<strong>2019年人工智能与机器人领域企业估值抬升明显，榜单中的企业大部分收入与估值的成长飞跃也发生在这一年。</strong></p>

<p><strong>2020 年疫情并没有影响新国货品牌的强势崛起，</strong>对比老国货品牌的成长速度，新品牌的一路飞奔让人吃惊，这背后是中国新零售最近几年来的又一次进化。在消费升级的时代趋势下新技术正在加速打通线上线下的隔断，仓储物流的智能化也在重构创新零售产业链。</p>

<p><strong>新冠疫情后医疗企业也出现了较为明显估值抬升趋势，</strong>三分之一的报名企业在2020 年上半年有新一轮的融资，医疗健康上榜公司的平均估值也较高。</p>

<p><strong>从对上榜的企业抽样访谈中，大部分企业家表现出了对未来经济形势谨慎乐观的态度。</strong>本身业务状况发展良好的企业，对于融资的态度趋于谨慎，对于公司未来股东的预期也较为多元化。</p>
</section>

<section>&nbsp;</section>

<p>无论是长时间的积累渐渐迎来风口爆发的企业服务和人工智能领域，还是新经济变革下强势崛起、抢滩登陆的中国消费品牌，中国企业速度与耐力的较量无时无刻不在发生，你能在榜单中的这些个案中找到完美的范例。</p>

<p>对创业公司来说，追求“速度”、还是“韧性”抑或是两者兼顾的思考从来没有停止过。遗憾的是，迄今为止对于中国创业公司的关注仍大多徘徊在估值上的成长，而在企业经营基本要素等方面鲜有系统性的观察。如何跑得快并且具有较强的反脆弱能力，是新冠疫情过后创业公司必须面对的问题。</p>

<p>这也是福布斯中国高增长瞪羚榜单想要挖掘并展现给读者的初衷，我们期望通过这份榜单致敬能穿越不确定，鱼和熊掌兼得的非凡创新企业。</p>

<p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; ——福布斯中国</p>
    
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