# Zhejiang Hero New Materials Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhejiang-hero-new-materials-technology-co

- Industry: Materials
- Headquarters: Huzhou, China
- Latest round: Series A (Jul 15, 2024)
- Investors on record: 1

## About

Headquartered in Huzhou, China and established in 2024, Zhejiang Hero New Materials Technology Co., Ltd. provides magnetic materials. The company was originally established as a wholly owned subsidiary of Hero Magnetics, currently provides nanocrystalline ribbons and magnetic core products to the new energy vehicle and photovoltaic energy storage sectors in China. In March 2026, the company closed a round of venture funding.

The company works with enterprise clients to provide research, development, and manufacturing of magnetic materials, electronic special materials and synthetic materials.

The company generates revenue from the direct sale and manufacturing of magnetic materials to enterprise clients.

## Funding rounds

- Series A, Jul 15, 2024 — Jinfu Capital

## Investors

- Jinfu Capital (https://capitalatlas.ai/funds/jinfu-capital) — Series A