State-owned Capital Invests in CNGR Semiconductor for Angel Round Financing in Solid-State Battery Electrolyte Sector

Published: May 12, 2025 18:19

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[State-owned Capital Steps In! Solid-State Battery Electrolyte Company Completes Angel Round Financing] Recently, Xiamen Gaoxin Venture Capital Phase I Fund, under Xiamen Gaoxin Investment, completed an investment in Fujian CNGR Semiconductor Materials Co., Ltd., with a financing amount of 5 million yuan. According to the information, this round of financing is CNGR Semiconductor's angel round financing. Established in 2021, CNGR Semiconductor specializes in the research, development, production, and sales of high-purity rare and scattered metals, compounds, and all-solid-state battery electrolyte materials. It is one of the few domestic enterprises that simultaneously master the preparation technologies for nearly 40 types of high-purity materials and possess the mass production capacity for all categories of electrolyte materials for all-solid-state batteries. Currently, CNGR Semiconductor has achieved ton-level mass production and large-scale sales of multiple products. In the field of solid-state batteries, the company has become a major material supplier in the sulphide solid-state electrolyte industry, with its core products supplied to dozens of downstream customers.

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