# Ningbo Kingpont New Material Technologic Co.Ltd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ningbo-kingpont-new-material-technologic-co-ltd

- Industry: Materials
- Headquarters: Ningbo, China
- Website: www.king-pont.com
- Latest round: Series B (Jun 26, 2021)
- Investors on record: 5

## About

Established in 2014 and based in Ningbo, China, Ningbo Kingpont New Material Technologic Co.Ltd is a research and development company of polyester film materials. The company raised series B funding in June 2021. In April 2015, the first biaxially oriented PET film production line was officially put into operation.

The company business is research and development and selling of solar back panel base film, optical base film and special functional film. The production used in the field of LCD screens and solar photovoltaic power generation.

The company plan to use the fund of series B funding to manufacture more PET film production lines.

## Funding rounds

- Series B, Jun 26, 2021 — CITIC Capital Holdings, MultiGo Capital, Qianhai Ark Capital, Yanchuang Capital, Xiaomi Group

## Investors

- CITIC Capital Holdings (https://capitalatlas.ai/funds/citic-capital-holdings) — Series B
- MultiGo Capital (https://capitalatlas.ai/funds/multigo-capital) — Series B
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series B
- Yanchuang Capital (https://capitalatlas.ai/funds/yanchuang-capital) — Series B
- Xiaomi Group — Series B