# Ruichuang New Material

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ruichuang-new-material

- Industry: Materials
- Headquarters: Jiaxing, China
- Total disclosed funding: $8.2M
- Latest round: Series A (Sep 21, 2023)
- Investors on record: 4

## About

Established in 2021 and based in Jiaxing, China, Ruichuang New Material is an enterprise engaged in the design, research and development, and production of advanced structural ceramics and ceramic matrix composites, and is one of the first batch of high-end talent projects introduced by Tongxiang City. There are 3 PhDs and 8 masters in the core team of the company, and it is also the strategic partner of Wuzhen Laboratory Composites Engineering and Technology Center. In September 2023, it closed a round of series A funding.

The company mainly researches and develops ceramic matrix composites for high-performance aerospace applications, including the design, development, manufacturing and processing of ceramic matrix composite components.

## Funding rounds

- Series A, Sep 21, 2023, $8.2M — Fujian Venture, Addor Capital, Xiangjiang Liyuan Investment, Justsafe

## Investors

- Fujian Venture (https://capitalatlas.ai/funds/fujian-venture) — Series A
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series A
- Xiangjiang Liyuan Investment (https://capitalatlas.ai/funds/xiangjiang-liyuan-investment) — Series A
- Justsafe — Series A