# Boya Poly

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

- Industry: Materials
- Headquarters: Ningbo, China
- Website: www.boyapoly.com
- Total disclosed funding: $1.4M
- Latest round: Series A (Feb 22, 2024)
- Investors on record: 5

## About

Established in 2020 and based in Ningbo, China, Boya Poly operates as a developer of polymer materials dedicated to providing polyimide. It acquired certifications such as ISO9001 and ISO14001. The company has obtained 4 invention patents and 6 utility model patents. The co-founder and CEO of the company, Fangdong Zhuang graduated from Peking University. The co-founder and CTO of the company, Pengfei Zhang also graduated from Peking University. In February 2024, Boya Poly raised over CNY 10 million in series A++ funding from new investor Casstar Capital and Lan Fund.  The company focuses on polymer material polyimide (PI) R&D. Its products and technologies are divided into three series, which include polyimide pastes, polyimide films, and organic semiconductor materials. Polyimide film can be used for FCCL (Flexible Copper Clad Laminate), COF (Chip on Film) flexible substrate, and FPC (Flexible Printed Circuit) substrate. Products are used in the fields such as new energy automobile, optoelectronic display, electronic, and microelectronics. The company generates revenue from the development and sales of polyimide materials, including pastes, films, and semiconductor-related products, supplying customers in electronics, optoelectronics, and automotive sectors. In August 2025, Boya Poly closed a venture funding from new investors Zheshang Venture Capital and Zhoushan Technology Entrepreneurship.

## Funding rounds

- Series A, Feb 22, 2024, $1.4M — Casstar Capital, Lan Fund
- Series A, Oct 18, 2023 — Founder H Fund
- Series A, May 8, 2023 — Skyworth, Future Light Cone

## Investors

- Skyworth (https://capitalatlas.ai/funds/skyworth) — Series A
- Future Light Cone — Series A
- Founder H Fund (https://capitalatlas.ai/funds/founder-h-fund) — Series A
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series A
- Lan Fund (https://capitalatlas.ai/funds/lan-fund) — Series A