# Xiangsheng New Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xiangsheng-new-materials

- Industry: Materials
- Headquarters: Shenzhen, China
- Latest round: Angel (Sep 24, 2025)
- Investors on record: 7

## About

Founded in 2024 and based in Shenzhen, China, Xiangsheng New Materials focuses on developing technologies in biobased materials and polymerization, while also engaging in industrial enzyme R&D and the sales of catalytic materials and additives. Xiangsheng New Materials engages in the R&D of biobased chemical products, biopolymer synthesis, and industrial enzyme solutions. It also provides catalytic materials and auxiliary agents that can be applied across new materials development and manufacturing processes. The company generates revenue from the sales of biobased materials, industrial enzymes, catalytic products, and related technical services. In March 2024, Xiangsheng New Materials closed a venture funding from new investors Casstar Capital and Goldport Capital. In September 2025, Goldport Capital?exited its stake in Xiangsheng New Materials. In September 2025, Xiangsheng New Materials closed an Angel+ funding co-led by new investors Beautiful Mind Investment Management, Addor Capital, Nanotrend Capital, with participation from new investors Innoangel Fund, Suzhou Technology Innovation Venture Capital, Suzhou Angel Investment Guidance Fund, Suzhou High-tech Zone Science and Technology Angel Fund and other unspecified investors.

## Funding rounds

- Angel, Sep 24, 2025 — Addor Capital, Beautiful Mind Investment Management, Innoangel Fund, Nanotrend Capital, Suzhou Technology Innovation Venture Capital, Suzhou Angel Investment Guidance Fund, Suzhou High-tech Zone Science and Technology Angel Fund

## Investors

- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Angel
- Beautiful Mind Investment Management (https://capitalatlas.ai/funds/beautiful-mind-investment-management) — Angel
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- Nanotrend Capital (https://capitalatlas.ai/funds/nanotrend-capital) — Angel
- Suzhou Technology Innovation Venture Capital — Angel
- Suzhou Angel Investment Guidance Fund (https://capitalatlas.ai/funds/suzhou-angel-investment-guidance-fund) — Angel
- Suzhou High-tech Zone Science and Technology Angel Fund — Angel