Zhongxi New Materials

MaterialsSeries AAnqing, Chinaahzxxcl.com

Latest round

Series A

Last raised

Sep 2024

Total raised

$14M

Investors

2

About Zhongxi New Materials

, dba Zhongxi New Material, focuses on manufacturing UHMWPE and has engaged in five notable deals since its inception., dba Zhongxi New Material, focuses on manufacturing UHMWPE and has engaged in five notable deals since its inception. The firm specializes in producing ultra-high molecular weight polyethylene (UHMWPE), recognized for its wear resistance, low friction, and high impact strength. This thermoplastic is utilized in manufacturing components for automotive, medical, and industrial machinery. They employ a continuous production process developed with Beijing University of Chemical Technology to enhance efficiency and quality. The company serves a diverse customer base across Asia, Europe, and North America, focusing on sectors that require advanced chemical materials.

Who invested in Zhongxi New Materials

2 investors across 1 round

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Funding rounds

  1. Series A

    Sep 5, 2024

    Amount

    $14M

    Investors

    Locked

Questions about Zhongxi New Materials

Who invested in Zhongxi New Materials?

Zhongxi New Materials has 2 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 Zhongxi New Materials raised?

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

When did Zhongxi New Materials last raise money?

Zhongxi New Materials's most recent round on record is a Series A, in Sep 2024.

What does Zhongxi New Materials do?

, dba Zhongxi New Material, focuses on manufacturing UHMWPE and has engaged in five notable deals since its inception.

Where is Zhongxi New Materials headquartered?

Zhongxi New Materials is headquartered in Anqing, China.

Which VCs invest in companies like Zhongxi New Materials?

Among active investors with capital left to deploy, Hui Hua Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back materials companies at Zhongxi New Materials's stage. Their profiles are linked below.

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