# HPRAY

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

- Industry: Industrial Machinery
- Headquarters: Changzhou, China
- Website: www.hpreal.com/
- Latest round: Series B (Mar 3, 2026)
- Investors on record: 7

## About

Based in Changzhou, China and founded in 2022, HPRAY (Changzhou) Clean System Technology Co., Ltd., trading under the name HPRAY, provides ultrapure pipeline solutions for the industrial machinery industry. The firm was established to manufacture clean pipeline control systems and measurement instruments.  In March 2026, the company closed series B+  funding from Suzhou Yongxin Fangzhou Investment, Shanghai Guosheng Capital Management, Jiufang Rongchuang, and Jiangsu Xinchao Innovation Investment Group.

The company engages in the research and development of liquid circuit ultrapure pipeline control system products. Its products are divided into six series, which include PFA pipe fittings, PFA pipes, PFA valves, PVDF-UHP pipe fittings, PVDF-UHP pipes and PVDF-UHP valves. Among them, the PFA pipe fittings such as PFA butt welding reducers, PFA pneumatic combination valve and PVDF high purity butt welding with any socket. Products can be applied in the semiconductor field, including ultrapure water and chemical transportation at factory and equipment ends. The company has many clients, such as Trinasolar, Jinko and Longi, etc.

The company generates revenue from the direct sale of ultrapure pipes, fittings, and valves to enterprise clients.

## Funding rounds

- Series B, Mar 3, 2026 — Jiangsu Xinchao Innovation Investment Group, Shanghai Guosheng Capital Management, Suzhou Yongxin Fangzhou Investment
- Series B, Jun 13, 2025 — Hefei State-Owned Assets Holding, MTM Capital, BOE Technology Group
- Series A, Sep 11, 2023 — Nuohua Capital

## Investors

- Nuohua Capital (https://capitalatlas.ai/funds/nuohua-capital) — Series A
- Hefei State-Owned Assets Holding (https://capitalatlas.ai/funds/hefei-state-owned-assets-holding) — Series B
- MTM Capital (https://capitalatlas.ai/funds/mtm-capital) — Series B
- BOE Technology Group — Series B
- Jiangsu Xinchao Innovation Investment Group (https://capitalatlas.ai/funds/jiangsu-xinchao-innovation-investment-group) — Series B
- Shanghai Guosheng Capital Management (https://capitalatlas.ai/funds/shanghai-guosheng-capital-management) — Series B
- Suzhou Yongxin Fangzhou Investment (https://capitalatlas.ai/funds/suzhou-yongxin-fangzhou-investment) — Series B