# Suqian Unitech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suqian-unitech-corp

- Industry: Chemicals
- Headquarters: Suqian, China
- Website: www.unitechem.cn
- Total disclosed funding: $29M
- Latest round: Series C (Sep 25, 2020)
- Investors on record: 4

## About

Established in 2011 and based in Suqian, China, Suqian Unitech Corp., Ltd. is a chemical enterprise that provides light stabilizer products. The company has more than 1,800 employees, with sales revenue of CNY 1.73 billion yuan in 2021 and tax revenue exceeding CNY 143 million. It is headquartered in Suqian and has established R&D sites, test bases, and marketing centers in Shanghai and Europe. It has partnerships with Fudan University, Tongji University, Shanghai University, East China University of Science and Technology, Shaanxi University of Technology, Xi'an University of Technology, and Beijing University of Chemical Technology. It is listed on the Shanghai Stock Exchange in 2023.

The company's self-developed products such as hindered amine light stabilizers, UV absorbers, antioxidants, polymerization inhibitors, and anti-aging particles. Its products are used in the field of agricultural film, plastic knitting, artificial grass, wood plastic, modified plastic, and paint.

## Funding rounds

- Series C, Sep 25, 2020 — Suzhou International Development Venture Capital Holding, China Merchants Capital
- Series B, Dec 31, 2019, $29M — FountainVest
- Series A, Dec 17, 2018 — Suzhou International Development Venture Capital Holding
- Series A, Aug 31, 2018 — Coastal Capital

## Investors

- Coastal Capital (https://capitalatlas.ai/funds/coastal-capital) — Series A
- Suzhou International Development Venture Capital Holding (https://capitalatlas.ai/funds/suzhou-international-development-venture-capital-holding) — Series A, Series C
- FountainVest (https://capitalatlas.ai/funds/fountainvest) — Series B
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series C