# Sholon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sholon

- Industry: Materials
- Headquarters: Chuzhou, China
- Website: www.sholonchem.com
- Latest round: Series B (Mar 9, 2026)
- Investors on record: 2

## About

Sholon, based in China, specializes in advanced chemical materials, focusing on the production of OLED intermediates, photoinitiators, and polyimide monomers for the electronics and pharmaceutical industries.Founded in 2016 in Chuzhou, China, Sholon develops innovative chemical solutions, with a focus on OLED materials. The company has completed 3 deals to date, with the most recent funding round on March 9, 2026. Sholon operates independently without any known parent or subsidiary companies.Anhui Xiulang New Materials Technology Co., Ltd. specializes in the research, development, and production of advanced chemical materials, particularly focusing on OLED intermediates/monomers, photoinitiators, and polyimide monomers. These products are integral to the electronics and pharmaceutical industries, serving a diverse range of applications including display technology and medical devices. The company's core product line aims to enhance performance and efficiency in electronic displays, offering innovative solutions that address the growing demand for high-quality materials in consumer electronics. The primary clientele includes manufacturers in the electronics sector across various geographical markets, including East Asia and Europe, where advanced display technologies are rapidly evolving. Xiulang's commitment to developing cutting-edge materials is supported by strong industry partnerships and collaborations with academic institutions, ensuring a continuous flow of innovation in its product offerings.Anhui Xiulang New Materials Technology Co., Ltd. generates revenue through the direct sales of its advanced chemical products to business clients in the electronics and pharmaceutical sectors. The company operates on a B2B model, forging strategic partnerships with manufacturers and distributors that facilitate the supply chain of its flagship products. Transactions typically involve bulk orders of specialized monomers and intermediates, with terms negotiated based on volume and long-term supply agreements. Pricing structures are tailored to accommodate the specific needs of each client, reflecting the advanced nature and quality of the materials provided. The company's focus on building lasting relationships with its clientele ensures a stable revenue stream, driven by the growing demand for innovative materials in various high-tech applications.In March 2026, Sholon raised an undisclosed amount of Series B+ funding from CoStone Capital, which will be utilized to support the development of new products and the expansion into new markets. The company is targeting the introduction of several new advanced materials designed for emerging applications in the electronics industry, with planned launches in the next 12 to 18 months. Additionally, Sholon aims to expand its presence in the European and North American markets by late 2026, leveraging the recent funding to enhance production capabilities and strengthen distribution channels.

## Funding rounds

- Series B, Mar 9, 2026 — CoStone Capital
- Series A, Oct 24, 2021 — ABC Capital

## Investors

- ABC Capital (https://capitalatlas.ai/funds/abc-capital) — Series A
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series B