# Advanced Technik Composite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/advanced-technik-composite

- Industry: Materials
- Headquarters: Changzhou, China
- Website: www.atcc.net
- Total disclosed funding: $75M
- Latest round: Series A (Jun 27, 2022)
- Investors on record: 9

## About

Established in 2017 and based in Changshu, China, Advanced Technik Composite Corp. is a materials company that focuses on the development, production and marketing of carbon fiber composites. The Company acquired COTESA GmbH in May 2018. In July 2020, the company received AS9100D aviation quality management system certification and in June 2021, the company delivered the first fully composite wing section of TP500 unmanned transport aircraft. The company has a Mittweida site in Germany, a Mochau site in Germany, a Changzhou plant, a European R&D center and a Sino-German joint engineering center.

The company's main business is civil aircraft parts manufacturing, high-performance fiber and composite materials manufacturing and sales, automotive parts and accessories manufacturing, metal structure manufacturing and sales, and R&D and production of aviation grade carbon fiber composite structural parts. The products are used in the field of aerospace, rail transportation and new energy vehicles.

The company plans to use the series A+ funding for accelerate the development of high-end manufacturing of carbon fiber composite materials in the Yangtze River Delta.

## Funding rounds

- Series A, Jun 27, 2022, $75M — Bojiang Capital Management Group, Winreal Investment, Shanghai Guosheng Capital Management, Southern Industry Fund
- Series A, Dec 20, 2021 — China Fortune Securities, Qitai Capital
- Angel, Jul 27, 2020 — Changzhou Municipal Government Investment Fund Management
- Seed, Nov 6, 2017 — QF Capital, Integrity Capital Partners

## Investors

- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Seed
- Integrity Capital Partners (https://capitalatlas.ai/funds/integrity-capital-partners) — Seed
- Changzhou Municipal Government Investment Fund Management (https://capitalatlas.ai/funds/changzhou-municipal-government-investment-fund-management) — Angel
- China Fortune Securities — Series A
- Qitai Capital (https://capitalatlas.ai/funds/qitai-capital) — Series A
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series A
- Winreal Investment (https://capitalatlas.ai/funds/winreal-investment) — Series A
- Shanghai Guosheng Capital Management (https://capitalatlas.ai/funds/shanghai-guosheng-capital-management) — Series A
- Southern Industry Fund — Series A