# Shandong Jinruida Rare Earth New Materials Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shandong-jinruida-rare-earth-new-materials-co

- Headquarters: Dezhou, China
- Total disclosed funding: $15M
- Latest round: Series B (Apr 14, 2026)
- Investors on record: 6

## About

Based in Dezhou, China and established in 2024, Shandong Jinruida Rare Earth New Materials Co., Ltd. operates as a rare earth material developer that mainly provides rare earth permanent magnet material products. 

In April 2026, Shandong Jinruida Rare Earth New Materials Co., Ltd. raised over CNY 100 million in series B funding from Jiangxi Finance Holding, Guangdong Technology Financial Group, Zhongke Fusion Venture Capital, Huiyu Private Equity Fund Management (Huzhou) and Cowin Capital.

Shandong Jinruida Rare Earth New Materials Co., Ltd. produces rare earth permanent magnet materials and related components, which are supplied to industrial clients. It also provides material processing and customization services aligned with client specifications.

The company generates revenue primarily through the sale of its rare earth magnetic materials and components to industrial buyers. 

The company will use the funding for the construction of two high-performance neodymium iron boron rare earth permanent magnet production bases, one in Shandong with an annual output of 5,000 tons and the other in Jiangxi with an annual output of 5,000 tons.

## Funding rounds

- Series B, Apr 14, 2026, $15M — Guangdong Technology Financial Group, Cowin Capital, Jiangxi Finance Holding, Huiyu Private Equity Fund Management (Huzhou), Zhongke Fusion Venture Capital
- Series B, Jan 4, 2026 — Guangdong Technology Financial Group, Jiangxi Finance Holding, Zhongke Fusion Venture Capital
- Series B, Aug 26, 2025 — Cowin Capital, Finnova Capital
- Series A, May 13, 2025 — Cowin Capital

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A, Series B
- Finnova Capital (https://capitalatlas.ai/funds/finnova-capital) — Series B
- Guangdong Technology Financial Group (https://capitalatlas.ai/funds/guangdong-technology-financial-group) — Series B
- Jiangxi Finance Holding (https://capitalatlas.ai/funds/jiangxi-finance-holding) — Series B
- Zhongke Fusion Venture Capital (https://capitalatlas.ai/funds/zhongke-fusion-venture-capital) — Series B
- Huiyu Private Equity Fund Management (Huzhou) (https://capitalatlas.ai/funds/huiyu-private-equity-fund-management-huzhou) — Series B