# Maenam

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

- Industry: Materials
- Headquarters: Xianyang, China
- Website: www.maenam.net
- Latest round: Series A (Mar 14, 2025)
- Investors on record: 3

## About

Based in Xianyang, China and founded in 2016, Maenam operates as a new waterproof material R&D and manufacturing company that focuses on the research and development of new water-retaining and waterproof materials. The company was rated as a National High-tech Enterprise and an innovative SMEs. It has branch offices in Yulin and Xi'an, and a production plant in Xixian New District, and has cooperated with Greentown China Holdings Limited, Ant Group, Poly Real Estate Investment Consulting, etc. It has acquired more than 130 invention patents, 330 intellectual property trademarks, quality management system certification and environmental management system certification. The founder and CEO, Lu Wei, is a visiting professor at Dalian Jiaotong University, an off-campus graduate tutor at Xi'an University of Posts and Telecommunications, and a postdoctoral fellow at Oxford University. In March 2025, it closed a series A funding from new investor Cowin Capital.

Maenam has developed microparticle powder waterproofing technology. Products include waterproof mortar, waterproof sand, desert control water retention agent, crop improver, etc. Its technologies and products can be used in waterproofing engineering, ecological restoration, and agricultural fields.

The company generates revenue by providing new materials for desert control, water conservation and building structure self-waterproofing.

The company will use the series A funding for core technology research and development, expansion of production bases and project implementation in the Middle East.

## Funding rounds

- Series A, Mar 14, 2025 — Cowin Capital
- Angel, Jun 21, 2023 — Yiba Jiuliu Capital, Hainan Pure Capital

## Investors

- Yiba Jiuliu Capital (https://capitalatlas.ai/funds/yiba-jiuliu-capital) — Angel
- Hainan Pure Capital — Angel
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A