# Shanghai Nahong Yiyu Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-nahong-yiyu-technology

- Industry: Materials
- Headquarters: Shanghai, China
- Latest round: Series A (Sep 24, 2021)
- Investors on record: 3

## About

Based in Shanghai, China and founded in 2014, Shanghai Nahong Yiyu Technology is a developer of optical platform,  which is committed to the R & D and industrialization of Micro-Nano functional structure precision manufacturing and semiconductor mold opening technology. In September 2021, the company completed series A funding. The founder Dr. Xinghua Zhan and Dr. Fei Chen used to work in Fuji solar and Zinniatek. The team members have experience in the research of semiconductor technology and process, clean new energy, new materials and so on.

The company's technology has been implemented in the field of photovoltaic precision mask and display optical function film. Its new photovoltaic screen can narrow the line width to less than 25 microns and save silver paste. Compared with the traditional photovoltaic screen technology, each photovoltaic cell can save 15% ~ 25% of the non silicon cost. Its display optical function film is applied to medical screen, educational screen and conference screen.

The company plans to expand its production by the end of 2021, and the products will enter the market for mass supply. The latest funding is used to expand the R & D team and increase production equipment. In 2021, the company expects the revenue to be tens of millions of yuan, and in 2022, the company expects the revenue to reach hundreds of millions of yuan.

## Funding rounds

- Series A, Sep 24, 2021 — Huagai Capital, Qipu Capital, Bugu Tianque Investmnet

## Investors

- Huagai Capital (https://capitalatlas.ai/funds/huagai-capital) — Series A
- Qipu Capital — Series A
- Bugu Tianque Investmnet — Series A