# RT Advanced Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rt-advanced-materials

- Industry: Materials
- Headquarters: Huangshi, China
- Website: www.rtgk.cnpowder.com.cn
- Total disclosed funding: $742M
- Latest round: Series D (Aug 15, 2022)
- Investors on record: 18

## About

Based in China, and founded in 2016, Hubei Rongtong Advanced Materials Group Co., Ltd., trading as RT Advanced Materials, is a battery material manufacturer that engages in R&D, production, recycling, and sales of lithium battery cathode materials. As of August 2022, the company has established lithium iron phosphate cathode material production bases that annual output can reach 100,000 tons. Its clients include Contemporary Amperex Technology, and Pylontech. In February 2026, RT Advanced Materials raised CNY 250 million in series F funding from new investor Haolan Xingyuan.
RT Advanced Materials develops and produces lithium iron phosphate cathode materials.  Lithium iron phosphate cathode materials are used in the fields of new energy vehicles, power systems, 5G communication systems, and consumer electronic products.
The company's revenue is generated by providing lithium iron phosphate cathode materials.
The funds raised in series F funding will be used for the upgrading and transformation of the 28,000-ton NFPP sodium electrode production line and the 40,000-ton fourth-generation high-voltage solid-density lithium iron phosphate production line at its headquarters.

## Funding rounds

- Series D, Aug 15, 2022, $742M — Hong Shan, SDIC Unity Capital, China Insurance Investment Fund, Goldstone Capital, NIO Capital, SAIC Capital, Dong Feng Asset Management, GAC Capital, China FAW Group, CD Capital, Xiamen Xiangyu Venture Capital Management, Xiaomi Group, China Manufacturing Transformation and Upgrading Fund Company, Faw Fund Capital, National Green Development Fund, Shanghai Military-civilian Integration Industry Investment Fund, Shanghai Yuda Investment Management, Thinkfund Investment

## Investors

- Hong Shan — Series D
- SDIC Unity Capital (https://capitalatlas.ai/funds/sdic-unity-capital) — Series D
- China Insurance Investment Fund (https://capitalatlas.ai/funds/china-insurance-investment-fund) — Series D
- Goldstone Capital — Series D
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series D
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series D
- Dong Feng Asset Management — Series D
- GAC Capital (https://capitalatlas.ai/funds/gac-capital) — Series D
- China FAW Group — Series D
- CD Capital — Series D
- Xiamen Xiangyu Venture Capital Management — Series D
- Xiaomi Group — Series D
- China Manufacturing Transformation and Upgrading Fund Company — Series D
- Faw Fund Capital (https://capitalatlas.ai/funds/faw-fund-capital) — Series D
- National Green Development Fund (https://capitalatlas.ai/funds/national-green-development-fund) — Series D
- Shanghai Military-civilian Integration Industry Investment Fund — Series D
- Shanghai Yuda Investment Management — Series D
- Thinkfund Investment (https://capitalatlas.ai/funds/thinkfund-investment) — Series D