# Cruise Advanced Materials

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

- Industry: Materials
- Headquarters: Suzhou, China
- Latest round: Series A (Jul 7, 2026)
- Investors on record: 4

## About

Based in Suzhou, China, and founded in 2024, Cruise (Suzhou) New Materials Technology Co., Ltd., trading as Cruise Advanced Materials, is a platform-based materials company in the aerospace and military industry. In July 2026, Cruise Advanced Materials raised hundreds of millions in Series A from Addor Capital, October Capital, BOC International (China), Hangzhou Optech Partner Equity Investment, with participation from other investors.

Its core products include lightweight, high-temperature-resistant thermal protection materials, high thermal conductivity thermal management materials, and lightweight stealth functional materials, applicable to scenarios such as commercial aerospace, new energy vehicles, and high-end aircraft.

The company generates revenue by providing lightweight, high-temperature-resistant thermal protection materials, high-thermal-conductivity thermal management materials, and lightweight electromagnetic functional materials.

The company is expected to further develop and commercialize its aerospace and defense advanced functional materials platform, with a focus on thermal management, high-temperature thermal protection, and structural-functional integrated composite materials for commercial aerospace and military equipment applications.

## Funding rounds

- Series A, Jul 7, 2026 — Addor Capital, October Capital, Hangzhou Optech Partner Equity Investment, BOC International (China)

## Investors

- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series A
- October Capital (https://capitalatlas.ai/funds/october-capital) — Series A
- Hangzhou Optech Partner Equity Investment (https://capitalatlas.ai/funds/hangzhou-optech-partner-equity-investment) — Series A
- BOC International (China) (https://capitalatlas.ai/funds/boc-international-china) — Series A