# Boya Advanced Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boya-advanced-materials

- Industry: Materials
- Headquarters: Meishan, China
- Website: www.boya-materials.com
- Total disclosed funding: $58M
- Latest round: Series D (Aug 30, 2022)
- Investors on record: 14

## About

Based in Meishan, China, and established in 2016, Meishan Boya Advanced Materials Co.,Ltd, trading as Boya Advanced Materials, is an advanced material company that engages in R&D, processing, and sales of artificially synthetic crystal materials. The company has been recognized as a National High-Tech Enterprise and a Specialized, Refined, Featured and Original SME. It has acquired multiple quality management certifications, such as IOS9001:2015, ISO14001:2015, and Dun & Bradstreet. Boya Advanced Materials is one of the suppliers of Shanghai United Imaging Healthcare and a detector supplier of the European Organization for Nuclear Research (CERN). In February 2026, Boya Advanced Materials closed a venture funding.
Boya Advanced Materials provides artificially synthetic crystal material, divided into four categories, scintillation crystal, laser crystal, optics, and single crystal fiber. The laser crystal material has different doping concentrations, including LYSO, Er: YAG, and Yb: YAG. The optics materials include spherical, aspherical, axicon lenses, and plan optics. Those crystal materials can be used in industrial laser equipment, nuclear medical imaging equipment, and safety inspection.
The company's revenue is generated by providing crystal material.
The company will continue to use technological innovation as its core driving force, deepen its presence in the field of synthetic crystalline materials, continuously improve product quality and technical capabilities, and constantly expand its application scenarios and market reach, striving to become a benchmark enterprise in the field of synthetic crystalline materials in China and even globally.

## Funding rounds

- Series D, Aug 30, 2022, $58M — Sichuan Development Holding, Shenzhen Investment Holdings, Changjiang Securities, Canghai Capital, Fujian Venture Capital
- Series B, Nov 24, 2020 — SDIC Unity Capital, Oriental Three Gorges Fund
- Series B, Aug 27, 2020 — CSR Venture Capital, Hynergy Industrial Funds, Pine Capital, Guotong Chuangfeng Capital
- Series A, Dec 23, 2019 — Heqin Capital, Yashang Nuohui Investment
- Angel, Nov 20, 2017 — Xike Angel Fund

## Investors

- Xike Angel Fund (https://capitalatlas.ai/funds/xike-angel-fund) — Angel
- Heqin Capital — Series A
- Yashang Nuohui Investment (https://capitalatlas.ai/funds/yashang-nuohui-investment) — Series A
- CSR Venture Capital (https://capitalatlas.ai/funds/csr-venture-capital) — Series B
- Hynergy Industrial Funds (https://capitalatlas.ai/funds/hynergy-industrial-funds) — Series B
- Pine Capital (https://capitalatlas.ai/funds/pine-capital) — Series B
- Guotong Chuangfeng Capital (https://capitalatlas.ai/funds/guotong-chuangfeng-capital) — Series B
- SDIC Unity Capital (https://capitalatlas.ai/funds/sdic-unity-capital) — Series B
- Oriental Three Gorges Fund (https://capitalatlas.ai/funds/oriental-three-gorges-fund) — Series B
- Sichuan Development Holding — Series D
- Shenzhen Investment Holdings — Series D
- Changjiang Securities — Series D
- Canghai Capital (https://capitalatlas.ai/funds/canghai-capital) — Series D
- Fujian Venture Capital — Series D