# Advanced Quartz Material(Ningxia) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/advanced-quartz-material-ningxia-co

- Industry: Semiconductors
- Headquarters: Yinchuan, China
- Website: www.ferrotec.com
- Total disclosed funding: $22M
- Latest round: Series C (Jun 30, 2022)
- Investors on record: 4

## About

Based in Yinchuan, China and founded in 2011,  Advanced Quartz Material(Ningxia) Co.,Ltd operates as a semiconductor component manufacturer and marketer, integrating product development, manufacturing and sales. The company is the branch office of FerroTec (China). In August 2021, the companu raised an undisclosed amount in strategy investment from Shenzhen Qianhai Pengchen Investment Management. The company ranks first in the world in silicon products used in high temperature annealing and film forming equipment for semiconductor wafers.

The company is dedicated to the research, development, production and sales of semiconductor-grade silicon materials and components, semiconductor-grade silicon carbide materials and components, and quartz crucibles. The core products of the company are SiFusion silicon fusion products, SiPart precision silicon components, SiMaterial advanced silicon materials and high purity quartz crucibles. The company has cooperated with TSMC, Intel, Texas Instruments, SMIC and other famous companies.

In July 2022, the company will plan to construct production base of etched silicon parts.

## Funding rounds

- Series C, Jun 30, 2022, $22M — Zheshang Venture Capital, Sunic Capital, FTZ Fund, Fuzhe Capital

## Investors

- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series C
- Sunic Capital (https://capitalatlas.ai/funds/sunic-capital) — Series C
- FTZ Fund (https://capitalatlas.ai/funds/ftz-fund) — Series C
- Fuzhe Capital (https://capitalatlas.ai/funds/fuzhe-capital) — Series C