# Hong Hitech (Beijing) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hong-hitech-beijing-co

- Industry: Materials
- Headquarters: Beijing, China
- Website: www.honghitech.com
- Latest round: Series A (Apr 28, 2018)
- Investors on record: 5

## About

Based in Beijing, China, and established in 2013, Hong Hitech (Beijing) Co., Ltd operates as a chemical material company that focuses on the production and sales of aerogel products. It was recognized as the National High-tech Enterprise. Guangwu Li, the founder and chairman of the company, graduated from the Department of Chemistry of Peking University. The companyacquired 5 PCT (Patent Cooperation Treaty) and 21 invention patents. In April 2018, Hong Hitech (Beijing) Co., Ltd closed a series A funding from new investors IPV Capital, Joseph Investment, Benefit Capital, and SWSC Chongqing Investment Fund Management.

Hong Hitech (Beijing) Co., Ltd's main business is the research, development, production, and sales of aerogel and its derivatives. Products include aerogel powder, aerogel block, aerogel insulation fiber, and aerogel insulation felt. The aerogel insulation felt is made of silica aerogel, glass fiber, and other materials. It has the characteristics of inorganic fire prevention and hydrophobicity and can be used in the temperature region of 500?. The company also provides technical consulting and support services in the field of aerogel.

## Funding rounds

- Series A, Apr 28, 2018 — IPV Capital Partners, Joseph Investment, SWSC Chongqing Investment Fund Management, Benefit Capital
- Angel, Aug 3, 2015 — Puhe Capital

## Investors

- Puhe Capital (https://capitalatlas.ai/funds/puhe-capital) — Angel
- IPV Capital Partners (https://capitalatlas.ai/funds/ipv-capital-partners) — Series A
- Joseph Investment — Series A
- SWSC Chongqing Investment Fund Management (https://capitalatlas.ai/funds/swsc-chongqing-investment-fund-management) — Series A
- Benefit Capital (https://capitalatlas.ai/funds/benefit-capital) — Series A