# EVERSTRONG

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

- Industry: Electronics
- Headquarters: Ningbo, China
- Website: www.yq-substrate.com
- Total disclosed funding: $13M
- Latest round: Series B (Nov 22, 2023)
- Investors on record: 4

## About

Founded in 2019 and based in Ningbo, China, YONGSTRONG operates as a material company that focuses on the sales, research and development of electronic information materials. It has passed certifications such as ISO9001:2015 quality management system and ISO14001:2015 environmental management system. The company was awarded as the Leading Innovation and Entrepreneurship Team in Zhejiang Province and the Team of 3315 Capital Talent Attraction Program of Ningbo. Its core team member came from enterprises such as Intel and Huawei. In 2020, the construction of the first phase of the production base was completed. The company has closed 3 round of funding. In November 2023, it raised series B funding.
The company's main business is IC interconnect materials. Its products include IC carrier boards, display substrates, and carrier boards, which have passed the performance certification of Intel, Huawei, Wave, Dawning, Xinhua San, Xutron and other enterprises. The products have been applied in 5G/6G communication, AI, data center, automotive networking, and infrastructure-related fields.
Revenue is generated from sales of high-end IC substrates and related electronic materials to domestic and international ICT manufacturers.

## Funding rounds

- Series B, Nov 22, 2023 — Rising Investments
- Series A, May 31, 2021, $13M — Infinity Group, Zhuhai Huafa Group, Kaitou Hanrun Investment

## Investors

- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series A
- Zhuhai Huafa Group — Series A
- Kaitou Hanrun Investment (https://capitalatlas.ai/funds/kaitou-hanrun-investment) — Series A
- Rising Investments (https://capitalatlas.ai/funds/rising-investments) — Series B