# Yi Heng Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yi-heng-technology

- Industry: Materials
- Headquarters: Beijing, China
- Total disclosed funding: $23M
- Latest round: Series B (Sep 25, 2023)
- Investors on record: 6

## About

Based in Beijing, China, and founded in 2011, Yi Heng Technology is a material company focusing on the development of semiconductor graphite fiber composite insulation materials. The core team has more than ten years of industry experience. In September 2023, Yi Heng Technology raised CNY 170 million in series B funding led by new investor SDIC Venture Capital, with participation from new investor Nuohua Capital.

The company is committed to providing semiconductor-grade ultra-high purity graphite and graphite fiber composite insulation materials. Its ultra-high purity series products can be used in the fields of semiconductors, new energy, and 5G communication. The company's clients include Tongguang Crystal, Shanxi Shuoke, Tianyue Advanced, etc.

The company will use the funds for the expansion of semiconductor graphite fiber composite insulation materials and the construction of special graphite projects.

## Funding rounds

- Series B, Sep 25, 2023, $23M — SDIC Venture Capital, Nuohua Capital
- Series A, Jan 3, 2023 — Zheyin Hongwan Asset Management, Xunuo Capital, Qingdao Fanyu Private Equity Fund Management
- Series A, Apr 2, 2022 — Boyan Capital

## Investors

- Boyan Capital (https://capitalatlas.ai/funds/boyan-capital) — Series A
- Zheyin Hongwan Asset Management (https://capitalatlas.ai/funds/zheyin-hongwan-asset-management) — Series A
- Xunuo Capital — Series A
- Qingdao Fanyu Private Equity Fund Management — Series A
- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series B
- Nuohua Capital (https://capitalatlas.ai/funds/nuohua-capital) — Series B