# Shretec

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

- Industry: Materials
- Headquarters: Yancheng, China
- Website: www.shretec.com
- Total disclosed funding: $14M
- Latest round: Series A (May 14, 2024)
- Investors on record: 1

## About

Founded in 2011 and based in Yancheng, China, Shretec operates as a material company that focuses on the research and development of pan-semiconductor and energy storage material products. It was recognized as the National High-tech Enterprise. The company cooperated with Apple, BYD, and other enterprises. Shretec covers an area of 24,000 square meters, with 170 employees. It has an operation center in Shanghai and a production center in Yancheng. The company acquired certifications such as IATF16949, ISO45001, and QC080000. In May 2024, Shretec raised a series A funding for approximately CNY 100 million.

Shretec's mainly provides pan-semiconductor and energy storage materials. The company built a research and development platform for material iteration based on adhesive formula systems, such as silicone, epoxy, polyurethane, and acrylic. Its main products include functional tapes, OLED process protection film (TPF/BPF), etc. The functional tapes have functions such as conductive, anti-magnetic shielding, insulation, etc., which include more than 30 types and over 200 models. Products can be used in mobile electronics, new energy, displays, and other fields.

The company generates revenue by selling pan-semiconductor and energy storage material products.

The company will use the funding to expand the product business, strengthen the commercialization layout, and lay out the resources of Pan-Semiconductor.

## Funding rounds

- Series A, May 14, 2024, $14M — MultiGo Capital

## Investors

- MultiGo Capital (https://capitalatlas.ai/funds/multigo-capital) — Series A