Polyx Material Technology
Latest round
- Series B
Last raised
- Dec 2023
Total raised
- $28M
Investors
- 5
About Polyx Material Technology
Established in 2017 and based in Hangzhou, China, Polyx Material Technology is a material company that focuses on the research and development of CO2-based materials. It has more than ten invention patents. The company's team members came from Zhejiang University. Hongbing Mao, the founder of the company, graduated from Zhejiang University with a major in polymer. Polyx Material Technology specializes in the manufacturing of CO2-based materials, with independent intellectual property rights of the CO2 new material polymerization process. Its products include CO2 polyol, propylene carbonate, catalysts, and degradable plastics, which can be used in the fields of foam materials, elastomers, artificial leather, coatings, and paints. The CO2 polyol contains advantages of excellent solvent compatibility, polyol compatibility, etc. The company generates revenue by providing CO2-based materials and related products. The company will use the series B+ funds for innovative technology R&D and working capital replenishment.
Who invested in Polyx Material Technology
5 investors across 1 round
See all investors in Polyx Material Technology
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Dec 14, 2023
Amount
$28M
Investors
Questions about Polyx Material Technology
Who invested in Polyx Material Technology?
Polyx Material Technology has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Polyx Material Technology raised?
Polyx Material Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Polyx Material Technology last raise money?
Polyx Material Technology's most recent round on record is a Series B, in Dec 2023.
What does Polyx Material Technology do?
Established in 2017 and based in Hangzhou, China, Polyx Material Technology is a material company that focuses on the research and development of CO2-based materials.
Where is Polyx Material Technology headquartered?
Polyx Material Technology is headquartered in Hefei, China.
Which VCs invest in companies like Polyx Material Technology?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back materials companies at Polyx Material Technology's stage. Their profiles are linked below.
VCs backing materials startups at Series B
Raising like Polyx Material Technology? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.