# Zhejiang Liufang Carbon Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhejiang-liufang-carbon-technology-co

- Industry: Materials
- Headquarters: Shaoxing, China
- Website: www.hexcarbon.cn
- Total disclosed funding: $15M
- Latest round: Series B (Nov 2, 2023)
- Investors on record: 7

## About

Established in 2018 and based in Zhuji, China, Zhejiang Liufang Carbon Technology Co., Ltd. is a material company dedicated to the research and development of new materials for semiconductors. The company has joined Yongjiang Laboratory and established the Thermal Field Materials Innovation Center. In December 2020, it won the third prize of the Zhuji City Innovation Award. In January 2025, it closed a venture funding from new investor Zhuji Jingkai Chuangrong.

The company's main products are SiC-coated bases for LED chip epitaxy, silicon single-crystal epitaxy bases, SiC and TaC-coated graphite trays, and other components. The silicon carbide film used for LED chip epitaxy and silicon monocrystal base is cubic phase silicon carbide, and our silicon carbide coating products are widely used in aerospace, photovoltaic industry, nuclear energy, high-speed rail, automotive, and other industries.

The company generates revenue by providing semiconductor new materials, related coated products, and customized solutions.

## Funding rounds

- Series B, Nov 2, 2023, $14M — Liyuan Venture Capital, Jinbang Capital, Xyuan Capital, Brilliant Fund
- Series A, May 20, 2022, $1.5M — Crestvalue, South China Venture Capital, Hangzhou Finance and Investment Group

## Investors

- Crestvalue (https://capitalatlas.ai/funds/crestvalue) — Series A
- South China Venture Capital (https://capitalatlas.ai/funds/south-china-venture-capital) — Series A
- Hangzhou Finance and Investment Group — Series A
- Liyuan Venture Capital (https://capitalatlas.ai/funds/liyuan-venture-capital) — Series B
- Jinbang Capital — Series B
- Xyuan Capital (https://capitalatlas.ai/funds/xyuan-capital) — Series B
- Brilliant Fund (https://capitalatlas.ai/funds/brilliant-fund) — Series B