Xinchen New Material

MaterialsSeries BChuzhou, Chinanovelcosmos.com.cn

Latest round

Series B

Last raised

Jan 2024

Total raised

$14M

Investors

3

About Xinchen New Material

Established in 2021 and based in Chuzhou, China, Xinchen New Material is a new material company that focuses on the production and sales of lithium battery materials. It acquired 20 patents, including 6 invention patents and 14 utility model patents. The company has a base in Dingyuan covering an area of 210 acres. Chiwei Wang, the chairman of the company, graduated from Wuhan University. The company's core technical team consists of 2 doctors and 4 masters, and have working experience in electrolytes, electrolytes and lithium-ion battery companies. The company mainly provides lithium battery materials. The products include LiFSI (Lithium bis (fluorosulfonyl) Imide, is a white powder with high lithium-ion conductivity), NaFSI, LiODFB, and LiBOB. The LiFSI are used for new energy electric vehicles.  The company generates revenue by selling lithium battery additives.

Who invested in Xinchen New Material

3 investors across 1 round

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Funding rounds

  1. Series B

    Jan 9, 2024

    Amount

    $14M

    Investors

    Locked

Questions about Xinchen New Material

Who invested in Xinchen New Material?

Xinchen New Material has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Xinchen New Material raised?

Xinchen New Material has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Xinchen New Material last raise money?

Xinchen New Material's most recent round on record is a Series B, in Jan 2024.

What does Xinchen New Material do?

Established in 2021 and based in Chuzhou, China, Xinchen New Material is a new material company that focuses on the production and sales of lithium battery materials.

Where is Xinchen New Material headquartered?

Xinchen New Material is headquartered in Chuzhou, China.

Which VCs invest in companies like Xinchen New Material?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back materials companies at Xinchen New Material's stage. Their profiles are linked below.

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