# Newmat

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

- Industry: Industrial Machinery
- Headquarters: Zhangjiagang, China
- Website: newmatnano.com
- Total disclosed funding: $27M
- Latest round: Series A (Apr 30, 2025)
- Investors on record: 8

## About

Based in Zhangjiagang, China, and founded in 2014, Newmat is an intelligent equipment provider focusing on the research and development, design, manufacturing, and installation training of fluidized bed reactors. The team members come from the Beijing University of Chemical Technology, Tsinghua University, and the University of Duisburg.In April 2025, Newmat raised CNY 200 million of series A+ funding led by new investor GoldTech Capital with participation from another new investors Lightspeed China Partners, China International Capital Corporation, Zhangjiagang Industrial Capital Center, Detong Capital, TTGG Ventures, Haitong-Fortis Private Equity Fund Management and other unspecified investors. The company is committed to providing experimental, pilot, and mass-production fluidized bed reactors. The products include fluidized bed gas deposition equipment FB-CVD, fluidized bed spray Nano-coating, and so on, which are widely used in precious metal materials, ceramic materials, plastic powder, etc.

## Funding rounds

- Series A, Apr 30, 2025, $27M — Detong Capital, Haitong-Fortis Private Equity Fund Management, China International Capital Corporation, TTGG Ventures, GoldTech Capital, Zhangjiagang Industrial Capital Center, Luminous Ventures
- Series A, Feb 2, 2024 — Fibonacci VC

## Investors

- Fibonacci VC (https://capitalatlas.ai/funds/fibonacci-vc) — Series A
- Detong Capital (https://capitalatlas.ai/funds/detong-capital) — Series A
- Haitong-Fortis Private Equity Fund Management (https://capitalatlas.ai/funds/haitong-fortis-private-equity-fund-management) — Series A
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series A
- TTGG Ventures (https://capitalatlas.ai/funds/ttgg-ventures) — Series A
- GoldTech Capital (https://capitalatlas.ai/funds/goldtech-capital) — Series A
- Zhangjiagang Industrial Capital Center (https://capitalatlas.ai/funds/zhangjiagang-industrial-capital-center) — Series A
- Luminous Ventures — Series A