# Geyuan New Material

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/geyuan-new-material

- Industry: Materials
- Headquarters: Quzhou, China
- Latest round: Angel (Jan 9, 2024)
- Investors on record: 3

## About

Based in Jinhua, China, and founded in 2023, Zhejiang Geyuan New Material Technology operates as a new material technology developer, specializing in lithium anode materials. The core team members were from Chinese Academy of Sciences and has more than ten years of experience in R&D and industrialization of lithium anode materials. In January 2024, the company closed an angel funding co-led by Summitview Capital and Xiang He Capital. In September 2024, it closed a pre-series A funding.

Zhejiang Geyuan New Material Technology is committed to the innovation and large-scale preparation of silicon-based anode materials, focusing on the industrialization of porous carbon, vapor deposition equipment and new silicon-carbon anode materials. The company has a production capacity of 100 tons of silicon-carbon anode and porous carbon, and is building a 500-ton silicon-carbon anode and 500-ton porous carbon production line.

The company generates revenue by developing and providing lithium battery silicon-carbon negative electrode material.

The company's 500-ton silicon-carbon negative electrode and porous carbon production line is expected to be put into production at the end of the year. Geyuan New Material will start a new round of financing, mainly for the construction of a 1,000-ton production line and iterative product development.

## Funding rounds

- Angel, Jan 9, 2024 — Summitview Capital, Xiang He Capital, Kylinhall Partners

## Investors

- Summitview Capital (https://capitalatlas.ai/funds/summitview-capital) — Angel
- Xiang He Capital (https://capitalatlas.ai/funds/xiang-he-capital) — Angel
- Kylinhall Partners (https://capitalatlas.ai/funds/kylinhall-partners) — Angel