# Sichuan Fucarbon New Material Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sichuan-fucarbon-new-material-technology

- Industry: Materials
- Headquarters: Yibin, China
- Total disclosed funding: $14M
- Latest round: Series B (Aug 30, 2023)
- Investors on record: 4

## About

Based in Yibin, China, and established in 2021, Sichuan Fucarbon New Material Technology is a new material company that focuses on the R&D and production of isostatic pressed graphite materials. Its clients include Tongwei Co., Ltd., LONGi Green Energy Technology, and Ja Solar Technology Co., Ltd. The company has 22 R&D team members, including 3 doctors. It has established joint R&D centers with Tsinghua University, Tianjin University and Chinese Academy of Sciences. The company has production bases in Sichuan. In August 2023, Sichuan Fucarbon New Material Technology raised CNY 100 million in series B funding led by new investor Shenzhen Capital Group, with participation from other new investors SEU Capital, Septwolves Holding, and Leaguer Group.     

Sichuan Fucarbon New Material Technology provides isostatic pressed graphite materials, a new material of graphite material, which is one of the high-tech materials controlled by Europe, America and Japan. The isostatic pressed graphite materials are used in the fields of photovoltaics, semiconductors, lithium batteries, hydrogen energy, aerospace, and military industry. 

The company will use the series B funding for the expansion of the production capacity of Sichuan production bases.

## Funding rounds

- Series B, Aug 30, 2023, $14M — Leaguer Group, Septwolves Holding, Shenzhen Capital Real Estate Fund, SEU Capital

## Investors

- Leaguer Group (https://capitalatlas.ai/funds/leaguer-group) — Series B
- Septwolves Holding (https://capitalatlas.ai/funds/septwolves-holding) — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- SEU Capital (https://capitalatlas.ai/funds/seu-capital) — Series B