# InCore Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/incore-materials

- Industry: Chemicals
- Headquarters: Guangzhou, China
- Latest round: Angel (Jan 9, 2023)
- Investors on record: 1

## About

Established in 2022 and based in Guangzhou, China, InCore Materials mainly provides localized high-performance electronic pastes and powders for chip multilayer ceramic capacitors and low-temperature co-fired ceramics related industries. The company's founding team consists of 10 members, with 70% of the R&D staff, and has introduced a team of experts from Korea to improve the R&D strength in powder development and paste formulation. Among them, Mr. Xue Zebin, the chairman of the board, is an MBA graduate from Tsinghua University School of Economics and Management, and had working experience in the General Office of Guangdong Provincial Party Committee and Guangsheng Group, etc. Mr. Zheng Xianzhe, the CEO, was the head of MLCC department of Samsung Electro-Mechanics in Korea. The company's angel round plus pre-series A round add up to a cumulative funding amount of RMB 50 million. In August 2023, it raised pre-series A funding led by new investor Leaguer Group, with participation from other returning investor Northern Light Venture Capital.

The company mainly faces the electronic component's industry, providing localized high-performance electronic pastes and powders for MLCC, LTCC products and other related manufacturers, with small particle size screen printing, roll printing nickel paste industrial mass production capacity, can meet the domestic manufacturers of high capacity, high voltage, high reliability MLCC development and production of material needs. The company's products are suitable for various application scenarios, such as aerospace, communications, semiconductors, military industry, etc.

## Funding rounds

- Angel, Jan 9, 2023 — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Angel