# Lanshen New Material

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

- Industry: Materials
- Headquarters: Xi'an, China
- Website: www.lanshn.com
- Latest round: Series B (Jan 12, 2020)
- Investors on record: 3

## About

Based in Xi'an, China, and established in 2014, Lanshen New Material is an environmental protection material company that engages in the R&D, production, and application of functional separation materials. The research and development team members have research and application experience of nearly twenty years. It has an annual 13,000 cubic meters production capacity of functional separation materials. And its lithium extraction business covers multiple salt lakes in Qinghai, Tibet, Argentina, Chile, and Bolivia. In July 2023, Lanshen New Material raised strategic investment funding from new investor CICC Capital. 

Lanshen New Material is engaged in the treatment of highly concentrated organic wastewater, advanced treatment of low COD wastewater, heavy metal wastewater treatment, and organic waste gas treatment. It also provides more than 50 types of resin material products for the fields of salt lake lithium extraction, photovoltaic polysilicon purification, pharmaceutical separation, and environmental protection. Resin materials are used for salt lake lithium extraction, which short production cycles from two years to 24 hours, and are suitable for different types of salt lakes. Besides, its resin products occupied 70% market share of photovoltaic polysilicon purification.

## Funding rounds

- Series B, Jan 12, 2020 — Cowin Capital, Wens Capital
- Series A, Jan 17, 2019 — SB China Venture Capital

## Investors

- SB China Venture Capital (https://capitalatlas.ai/funds/sb-china-venture-capital) — Series A
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B
- Wens Capital (https://capitalatlas.ai/funds/wens-capital) — Series B