Latest round

Series B

Last raised

Nov 2022

Total raised

$17M

Investors

5

About DMN

Based in Nanjing, China, and established in 2019, DMN is a material company committed to providing physical foaming solutions to the foam industry. As of 2023, it has applied for more than 180 invention patents, 21 international PCT, 24 utility model patents, and 4 copyrights. Peng Bai, the founder of the company, has worked for Best Buy and Hong Kong Huiyin Holdings.  The company engages in the development and production of ultra-low-density physical foam technology. The product includes EVA, TPEE, PEBAX, etc. The company's material products are divided into three core series: high resilience, high insulation, and degradable. High-resilience materials are used in sports outdoor, footwear, and cushion products. High thermal insulation materials are used in thermal insulation scenarios such as cold chain logistics, high-speed rail, automobiles, and airplanes. The degradable series is used in scenarios where biological and marine biodegradability is required.

Who invested in DMN

5 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Nov 11, 2022

    Amount

    $17M

    Investors

    Locked

  2. Series A

    Dec 14, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about DMN

Who invested in DMN?

DMN has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has DMN raised?

DMN has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did DMN last raise money?

DMN's most recent round on record is a Series B, in Nov 2022.

What does DMN do?

Based in Nanjing, China, and established in 2019, DMN is a material company committed to providing physical foaming solutions to the foam industry.

Where is DMN headquartered?

DMN is headquartered in Nanjing, China.

Which VCs invest in companies like DMN?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back materials companies at DMN's stage. Their profiles are linked below.

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