# ATAPEX

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

- Industry: Industrial Machinery
- Headquarters: Jiaxing, China
- Website: www.atapex.cn
- Total disclosed funding: $43M
- Latest round: Series C (Nov 5, 2025)
- Investors on record: 19

## About

Founded in 2020 and based in Haining, Zhejiang, China, ATAPEX operates on manufacturing fine metal mask (FMM) that is a core material of an organic light-emitting diode (OLED). The annual output is 30,000 to 60,000 finished FMMs, which can meet the needs of two 45K OLED production lines after the completion of the first phase of the project. The company's factory covers an area of 98 acres and employs over 250 people in total, of which the team of engineers and front-line employees have exceeded 100. In November 2025, ATAPEX raised an undisclosed amount of Series C funding led by returning investor Shenzhen Capital Real Estate Fund, with participation from new investors Addor Capital, JIC Capital, China Venture Capital, Guangdong Technology Financial Group, Suzhou Chuangyuan Investment Development(Group), returning investor Casstar Capital and other investors.


The company mainly produces fine metal mask (FMM), common metal mask, divided open mask, and metal support plates. The company's main product, FMM, is used in the production of displays and can be applied to smartphones, smart wears, tablets and notebooks.

The company generates revenue by doing research, development and sales of metal mask plates and other related services.

The funding raised in November 2025 will be used for research and development, including FMM product iteration, localization of Invar ultra-thin metal strip (Invar alloy), and development of new photovoltaic and semiconductor businesses; expansion of G8.6 generation FMM capacity and overseas market layout; working capital and IPO reserves.

## Funding rounds

- Series C, Nov 5, 2025 — Guangdong Technology Financial Group, China Venture Capital, Addor Capital, JIC Capital, Casstar Capital, Shenzhen Capital Real Estate Fund, Suzhou Chuangyuan Investment Development (Group)
- Series B, Jan 4, 2024, $28M — Shenzhen Capital Real Estate Fund, New Value Capital
- Series A, Jul 12, 2022, $15M — New Alliance Capital, Fortune Ocean Venture, Zhaoyin Equity Investment Fund Management, Yunjin Capital, Changjiang Securities, Kunxin Investment Management, Pingyang Qianjia Equity Investment Partnership
- Series A, Nov 15, 2021 — Sinowisdom, Casstar Capital, HY Energy Group, Haining Pan Semiconductor Industry Investment, RuiXin Capital

## Investors

- Sinowisdom (https://capitalatlas.ai/funds/sinowisdom) — Series A
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series A, Series C
- HY Energy Group — Series A
- Haining Pan Semiconductor Industry Investment — Series A
- RuiXin Capital — Series A
- New Alliance Capital (https://capitalatlas.ai/funds/new-alliance-capital) — Series A
- Fortune Ocean Venture — Series A
- Zhaoyin Equity Investment Fund Management (https://capitalatlas.ai/funds/zhaoyin-equity-investment-fund-management) — Series A
- Yunjin Capital (https://capitalatlas.ai/funds/yunjin-capital) — Series A
- Changjiang Securities — Series A
- Kunxin Investment Management (https://capitalatlas.ai/funds/kunxin-investment-management) — Series A
- Pingyang Qianjia Equity Investment Partnership — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B, Series C
- New Value Capital — Series B
- Guangdong Technology Financial Group (https://capitalatlas.ai/funds/guangdong-technology-financial-group) — Series C
- China Venture Capital (https://capitalatlas.ai/funds/china-venture-capital) — Series C
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series C
- JIC Capital (https://capitalatlas.ai/funds/jic-capital) — Series C
- Suzhou Chuangyuan Investment Development (Group) — Series C