# Evolution Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/evolution-technology

- Industry: Chemicals
- Headquarters: Shanghai, China
- Website: www.ilcatalyst.com
- Total disclosed funding: $4.7M
- Latest round: Angel (Sep 8, 2021)
- Investors on record: 3

## About

Established in 2021 and based in Shanghai, China, Evolution Technology operates as a green oxidation technology solutions provider that focuses on chemical oxidation technology services and products R&D. More than 50 % of the core research team have master's degrees, and come from the University of Cambridge and Tsinghua University. In April 2022, it passed GB/T 19001-2016/ISO 9001:2015 quality management system certification. In October 2022, the company is the vice chairman of the seventh council of Shanghai Rare Earth Society. In July 2023, it closed pre-series A round of funding from Yonghua Capital. 

The company provides green, safe, efficient and cost-effective green catalytic oxidation technology solutions for the global chemical oxidation industry, such as chemicals, materials and energy industries. Its products and technologies include aromatic acids, aromatic aldehydes, aromatic copper, unsaturated copper alkenes, aldehydes and acids, and thick epoxides.

## Funding rounds

- Angel, Sep 8, 2021, $4.7M — Zhengxuan Capital, Longwater Investment, Sinocompound

## Investors

- Zhengxuan Capital (https://capitalatlas.ai/funds/zhengxuan-capital) — Angel
- Longwater Investment (https://capitalatlas.ai/funds/longwater-investment) — Angel
- Sinocompound — Angel