The electronic materials company Wenxin Technology has completed nearly a hundred million yuan B+ round financing.

Recently, Shanghai Wenxin Technology Co., Ltd. announced the completion of nearly 100 million RMB in series B+ financing, with Fangguang Capital leading the investment and participation from Juhe Materials, Cloud Nine Capital, and KIP Capital. The financing will mainly be used for expanding new product lines, team expansion, and the construction of overseas research and development centers. Founded in 2019, Wenxin Technology is an advanced materials platform company, focusing on the research, production, and sales of light, heat-cured functional materials and electronic-grade wet chemicals. Currently, the company has built two major production bases in Shanghai and Quzhou. After the completion of the second phase factory in Shanghai, the annual production capacity of products for the display and semiconductor fields will reach 8,000 tons.