# TianCe Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tiance-technology-co

- Industry: Materials
- Headquarters: Xi'an, China
- Website: www.tc-products.com
- Total disclosed funding: $15M
- Latest round: Series A (May 27, 2022)
- Investors on record: 4

## About

Based in Xi'an, China, and established in 2008, TianCe Technology Co.,  Ltd. is a new material company that focuses on the R&D of asphalt-based carbon fiber materials and composite materials applications. The company won the honors of tech giants. In 2011, the company started R&D on asphalt-based carbon fiber materials, and it has developed high modulus high thermal conductivity continuous fiber that breaks the monopoly of the United States and Japan. The company has additional offices in Beijing, Shanghai, Qingdao, and Shenzhen.

Based in Xi'an, China, and established in 2008, TianCe Technology Co.,  Ltd. is a new material company that focuses on the R&D of asphalt-based carbon fiber materials and composite materials applications. The company won the honors of tech giants. In 2011, the company started R&D on asphalt-based carbon fiber materials, and it has developed high modulus, high thermal conductivity continuous fiber that breaks the monopoly of the United States and Japan.

The company will use the Series A funding to establish asphalt-based carbon fiber materials production lines and establish the supply of aerospace new materials.

## Funding rounds

- Series A, May 27, 2022, $15M — China SME Development Fund, Shaanxi Kongtian Power Research Institute Co., Ltd., Shaanxi Provincial Government Investment Guidance Fund Management Co., Ltd., Shaanxi Kekong Venture Capital Fund Management Co., Ltd.

## Investors

- China SME Development Fund (https://capitalatlas.ai/funds/china-sme-development-fund) — Series A
- Shaanxi Kongtian Power Research Institute Co., Ltd. — Series A
- Shaanxi Provincial Government Investment Guidance Fund Management Co., Ltd. — Series A
- Shaanxi Kekong Venture Capital Fund Management Co., Ltd. — Series A