# Apalene Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apalene-technology

- Industry: Chemicals
- Headquarters: Hangzhou, China
- Website: www.apalene.com
- Total disclosed funding: $24M
- Latest round: Series B (Apr 23, 2025)
- Investors on record: 4

## About

Established in 2015 and based in Hangzhou, China, Apalene Technology is a catalyst manufacturer that focuses on the development and production of metallocene catalysts. Dr. Dongchu Wei, the founder of the company, acquired Ph.D. in chemistry from New Mexico State University. The company has acquired ISO9001 quality management system certification and has been rated as a High-tech Enterprise. It cooperates with Pujie Energy and New Energy. It has branch offices in Shanghai and the United States, and a factory in Shaoxing. In April 2025, it closed a series B+ funding. Apalene Technology has developed a metallocene catalyst solution polymerization platform. The company’s main business encompasses the production of metallocene and late transition metal catalysts, the development and industrialization of complete production technology of solution-based LAO-mPAO. Its products include mPAO, alkyl naphthalene, alkyl phenyl ether, etc. Its technologies and products are used in aerospace, wind power generation, electric vehicles and other fields. The company generates revenue by providing metallocene catalysts, mPAO, alkyl naphthalene, alkyl phenyl ether and other products. The company plans to further increase its R&D efforts and enhance its product competitiveness.

## Funding rounds

- Series B, Apr 23, 2025 — Anhui Guoyao Venture Capital Management
- Series A, Jan 14, 2022, $24M — Safe & Rich Venture Capital, Zhejiang Longsheng Group, Huafon Group

## Investors

- Safe & Rich Venture Capital (https://capitalatlas.ai/funds/safe-rich-venture-capital) — Series A
- Zhejiang Longsheng Group — Series A
- Huafon Group — Series A
- Anhui Guoyao Venture Capital Management (https://capitalatlas.ai/funds/anhui-guoyao-venture-capital-management) — Series B