# Shenzhen Yuneng Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-yuneng-technology

- Industry: Materials
- Headquarters: Shenzhen, China
- Website: www.yntech.com
- Latest round: Series B (Jun 30, 2024)
- Investors on record: 6

## About

Based in Shenzhen, China and established in 2016, Shenzhen Yuneng Technology is an advanced materials company that engages in the research and development of new soft magnetic materials. In December 2021, the company closed series A funding led by new invetsor Delian Capital. New invetsor Shenzhen HTI and returning investors BAIC Capital and Qingsong Fund also participated in the round. In June 2024, it closed series B funding from Shenzhen Capital Real Estate Fund and Qingsong Fund.

The company's products include wireless charging material WPC, electromagnetic shielding material EMC, magnetic core and battery module collection integrated busbar. These products are mainly made of nanocrystalline materials and soft magnetic materials, which can be applied to display screens, communication equipment, electric vehicles, etc. Its customers include Huawei, Xiaomi Group, Samsung, SAIC Motor, and other enterprises.

The company generates revenue by developing and manufacturing magnetic materials used in wireless charging devices and electromagnetic shielding in consumer electronics.

## Funding rounds

- Series B, Jun 30, 2024 — Qingsong Fund, Shenzhen Capital Real Estate Fund
- Series A, Dec 27, 2021 — Shenzhen HTI, Qingsong Fund, Delian Capital, BAIC Capital
- Angel, Jul 9, 2019 — QF Capital

## Investors

- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Angel
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series A
- Qingsong Fund (https://capitalatlas.ai/funds/qingsong-fund) — Series A, Series B
- Delian Capital (https://capitalatlas.ai/funds/delian-capital) — Series A
- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B