# Yitai Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yitai-tech

- Industry: Semiconductors
- Headquarters: Changsha, China
- Website: www.techyitai.com
- Total disclosed funding: $4.2M
- Latest round: Series A (Apr 10, 2024)
- Investors on record: 1

## About

Established in 2021 and based in Changsha, China, Yitai Tech operates as a semiconductor materials developer dedicated to providing semiconductor materials and optoelectronic materials. It cooperates with university laboratories such as Central South University and Nanjing University. In April 2024, Yitai Tech raised CNY 30 million in series A funding led by new investor Hunan Zhongying Development Industrial Fund.

The company mainly provides perovskite solar cell module precursor materials and other functional powders. The products include lead iodide for batteries, lead bromide for batteries, formamidine iodide for batteries, and lead formamidine iodide. Its customers include Hangzhou Microquanta Co. Ltd, GCL System Integration Technology Co. Ltd, and Renshine Solar. 

The company generates revenue by providing semiconductor materials, optoelectronic materials, and other functional powders.

The company will use the funding to build a 5GW perovskite precursor production line, enrich the product line, complete the research and development of special materials for laminated batteries, mass production and research and development of perovskite powder materials, and build batch stability to supply customers.

## Funding rounds

- Series A, Apr 10, 2024, $4.2M — Hunan Zhongying Development Industrial Fund

## Investors

- Hunan Zhongying Development Industrial Fund (https://capitalatlas.ai/funds/hunan-zhongying-development-industrial-fund) — Series A