# Hubei Yinke New Material

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

- Industry: Materials
- Headquarters: Jingzhou, China
- Total disclosed funding: $14M
- Latest round: Series A (Jul 24, 2023)
- Investors on record: 5

## About

Based in Jingzhou, China, and established in 2021, Hubei Yinke New Material is a new material company that provides photovoltaic silver powder. In July 2023, Hubei Yinke New Material raised approximately CNY 100 million in series A funding from new investors Hillhouse Capital Group, Jiangsu Safety Wire Rope Co., Ltd, Xuzhou Yongxin Fangzhou Investment, Trina Solar Co., Ltd., and Zhong Huan Industrial Investment.

Hubei Yinke New Material manufactures photovoltaic silver powder that is a raw material of photovoltaic silver paste.  And high content of silver paste can improve the photoelectric conversion rate of photovoltaic cells.

## Funding rounds

- Series A, Jul 24, 2023, $14M — Hillhouse Investment, Trina Solar Co., Ltd., Jiangsu Safety Wire Rope Co., Ltd, Suzhou Yongxin Fangzhou Investment, Zhong Huan Industrial Investment

## Investors

- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A
- Trina Solar Co., Ltd. — Series A
- Jiangsu Safety Wire Rope Co., Ltd — Series A
- Suzhou Yongxin Fangzhou Investment (https://capitalatlas.ai/funds/suzhou-yongxin-fangzhou-investment) — Series A
- Zhong Huan Industrial Investment — Series A