# Jiangxi Xize New Material Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiangxi-xize-new-material-technology-co

- Industry: Mining
- Headquarters: Nanchang, China
- Total disclosed funding: $4.5M
- Latest round: Angel (Mar 30, 2017)
- Investors on record: 1

## About

Established in 2017 and based in Jiangxi, China, Jiangxi Xize New Material Technology Co., Ltd is a material company focusing on the manufacture of diamond wire. In March 2017, Jiangxi Xize New Material Technology Co., Ltd raised CNY 31 million in angel funding from new investor GSR United Capital.

The company is engaged in diamond wire research and development, manufacturing, and services. It provides tools and complete solutions for cutting materials such as single-crystal silicon, sapphire, magnetic materials, precision ceramics, etc. The products are widely used in photovoltaic solar energy, LED, semiconductor, new energy, precision Optical instrument, national defense and military, and other industries.

## Funding rounds

- Angel, Mar 30, 2017, $4.5M — GSR United Capital

## Investors

- GSR United Capital (https://capitalatlas.ai/funds/gsr-united-capital) — Angel