# Asherad

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asherad

- Industry: Materials
- Headquarters: Beijing, China
- Latest round: Series B (Jan 13, 2025)
- Investors on record: 8

## About

Based in Beijing, China and founded in 2022, Asherad operates as a provider of quartz components that focuses on the research and development of quartz for integrated circuit. In January 2025, it closed a series B funding from new investors China Capital Management, Zhongguancun Venture Capital and Zhongguancun Co-Innovative Fund Management.

The company is mainly engaged in the research and development, production and sales of quartz for integrated circuit. The company’s main business encompasses the research and development, manufacturing and sales of special electronic materials, and the sales of non-metallic minerals and products. Its products can be used in high-end equipment, new materials and other fields.

The company generates revenue by providing quartz components for semiconductors.

## Funding rounds

- Series B, Jan 13, 2025 — Zhongguancun Venture Capital, China Capital Management, Zhongguancun Co-Innovative Fund Management
- Series A, Feb 5, 2024 — Sinovation Ventures, Lenovo Capital and Incubator Group, Shuimu Wutong Ventures
- Series A, Feb 27, 2023 — Fengyuan Capital, Yuanyou Fund

## Investors

- Fengyuan Capital (https://capitalatlas.ai/funds/fengyuan-capital) — Series A
- Yuanyou Fund — Series A
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series A
- Shuimu Wutong Ventures — Series A
- Zhongguancun Venture Capital (https://capitalatlas.ai/funds/zhongguancun-venture-capital) — Series B
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series B
- Zhongguancun Co-Innovative Fund Management (https://capitalatlas.ai/funds/zhongguancun-co-innovative-fund-management) — Series B