# Newgreen Cooling Earth

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newgreen-cooling-earth

- Industry: Materials
- Headquarters: Shenzhen, China
- Latest round: Angel (Jul 25, 2024)
- Investors on record: 3

## About

Founded in 2021 and based in Shenzhen, China, Newgreen Cooling Earth operates as a building material company that focuses on providing low-carbon and environmentally friendly building materials and commercial application of carbon solidification technologies. It has an R&D center in Xi'an. The team members came from Chang’an University. The company cooperates with Tongji University Architectural Design and Research Institute (Group) and other enterprises. In July 2024, the company built a solid carbon aerated block production line in cooperation with Guangzhou Development Green Building Materials. In July 2024, Newgreen Cooling Earth closed an angel funding.

The company's main business is the production of low-carbon and environmentally friendly building materials and the commercial application of carbon solidification technology. Based on researching and developing new carbon dioxide conversion and utilization technologies, it provides onestop carbon mineralization concrete solutions (OCMC). Products include Obrick green carbon cube, lightweight plaster, and gypsum self-leveling. Products and solutions can be used in construction, facilities, roads, water conservancy, and other fields.

The company generates revenue by providing environmentally building materials and carbon solidification solutions.

In the future, the company will develop global markets with Hong Kong, the Middle East and Europe as its targets.

## Funding rounds

- Angel, Jul 25, 2024 — Qianhai Kekong Lingdingyang Venture Capital, Jiangsu Ronghan, Gaoshi Capital

## Investors

- Qianhai Kekong Lingdingyang Venture Capital (https://capitalatlas.ai/funds/qianhai-kekong-lingdingyang-venture-capital) — Angel
- Jiangsu Ronghan — Angel
- Gaoshi Capital — Angel