# Glory Carbon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/glory-carbon

- Industry: Materials
- Headquarters: Fushun, China
- Latest round: Series B (May 27, 2025)
- Investors on record: 8

## About

Founded in 2008 and based in Fushun, China, Glory Carbon is a new material developer and distributor, focusing on the production of toner and graphite parts. It is a National Specialized, Refined, Featured and Original SME and a National High Tech Enterprise. In May 2025, Glory Carbon closed a series B funding round from new investors Meridian Capital China, GTJA Innovation Investment, MultiGo Capital, SY Dehong Capital, Shenzhen Smart City Investment private equity Fund Management, Phoenix Tree Capital Partners, with participation of returning investors Shenzhen Capital Real Estate Fund and Zhongtian Liaochuang Investment. Glory Carbon specializes in the production of isostatic graphite for photovoltaic and semiconductor, graphite balls for high temperature gas-cooled reactor, nuclear pure graphite powder and graphite parts for high temperature gas-cooled reactor fuel elements. Its products can be used in photovoltaic energy, EDM, metallurgy, chemical industry, electronics industry and other fields. The company generates revenue by producing and providing isostatic graphite products. The company will use the series B funding to expand production capacity to meet market demand, while increasing R&D investment and consolidating technological advantages.

## Funding rounds

- Series B, May 27, 2025 — Meridian Capital, GTJA Innovation Investment, MultiGo Capital, Phoenix Tree Capital Partners, Shenzhen Capital Real Estate Fund, SY Dehong Capital, Shenzhen Smart City Investment private equity Fund Management, Zhongtian Liaochuang Investment

## Investors

- Meridian Capital — Series B
- GTJA Innovation Investment (https://capitalatlas.ai/funds/gtja-innovation-investment) — Series B
- MultiGo Capital (https://capitalatlas.ai/funds/multigo-capital) — Series B
- Phoenix Tree Capital Partners (https://capitalatlas.ai/funds/phoenix-tree-capital-partners) — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- SY Dehong Capital (https://capitalatlas.ai/funds/sy-dehong-capital) — Series B
- Shenzhen Smart City Investment private equity Fund Management (https://capitalatlas.ai/funds/shenzhen-smart-city-investment-private-equity-fund-managemen) — Series B
- Zhongtian Liaochuang Investment — Series B