# Tongmei Technology (Shanghai)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tongmei-technology-shanghai

- Industry: Materials
- Headquarters: Shanghai, China
- Total disclosed funding: $8.7M
- Latest round: Series A (Apr 27, 2023)
- Investors on record: 2

## About

Established in 2018 and based in Shanghai, China, Tongmei Technology (Shanghai) operates as a lightweight new material developer that provides new lightweight materials based on magnesium alloy. The company has the intellectual property rights of the lightweight material MnE21 magnesium-manganese alloy technology patent. In April 2023, it raised CNY 60 million in series A funding from Jet Wagon Metal Technology (Ningbo) Crop.,Ltd. and Yunhe Capital.

The company can produce thin plates, profiles, tubes and process once formed to the product. Products can apply in 3C, automotive, aerospace, military, medical equipment and high-end equipment.

## Funding rounds

- Series A, Apr 27, 2023, $8.7M — Yunhe Capital, Jet Wagon Metal Technology (Ningbo) Crop.,Ltd.

## Investors

- Yunhe Capital (https://capitalatlas.ai/funds/yunhe-capital) — Series A
- Jet Wagon Metal Technology (Ningbo) Crop.,Ltd. — Series A