2023-12-14
On December 14, 2023, Wuxi Puruisheng New Materials Technology Co., Ltd. (hereinafter referred to as "Puruisheng" or "the Company") completed an angel round of financing of tens of millions of yuan. The investment was led by Nuoyan Capital , followed by Zhongnan Venture Capital, Wuxi Yunlin, and Huapuruisheng . The funds from this round of financing will be mainly used for the construction of R&D laboratories and mass production lines.
Founded in 2023, Puruisheng New Materials has profound technical accumulation in the field of high-end abrasives . It focuses on the research and development of high-end alumina polishing liquids, polishing abrasives and other products, and is committed to becoming a first-class domestic supplier of high-end semiconductor polishing solutions, providing effective domestic alternatives for the polishing of third-generation compound semiconductors .
In China, high-end alumina polishing abrasives are currently almost completely dependent on imports . The reason for the monopoly is that, first of all, the core technology of alumina abrasive particles, the main raw material in alumina polishing liquid, is monopolized by overseas companies such as FERRO in the United States and Fujimi in Japan; secondly, the composition of alumina polishing liquid is complex and requires long-term technical precipitation. Similar situations also exist for high-end silica abrasives and high-end cerium oxide abrasives. Therefore, in the corresponding product preparation field, there is huge room for domestic substitution .
The company's team has rich experience in product development and production. It has built a complete underlying technology reserve around high-end alumina polishing liquid and polishing abrasives, and has mastered the two core technologies of " abrasive molecular crystal orientation control " and " particle classification processing ", achieving the effect of " low pollution, few pits, high efficiency, and light damage ". While promoting technological research and development, the company is also accelerating the transformation of scientific research results. It is expected to achieve mass production in 2024 and pass the verification of leading customers in the industry.
Puruisheng has rich product development experience and profound industry accumulation in the field of semiconductor polishing. The team is professional, efficient and united . Mr. Song Jun, the founder of the company, has been engaged in the research and development of polishing materials for more than 25 years since he graduated with a doctorate in the United States. The core members all have more than 15 years of industry background, have worked together for many years, and trust each other. Recently, the team actively participated in various entrepreneurial competitions and won the first prize in the team group of the 11th "Entrepreneurship Jiangsu" Science and Technology Entrepreneurship Competition and the first prize in the Wuxi "Taihu Cup" International Elite Innovation and Entrepreneurship Competition, demonstrating a high degree of technical literacy and strong team combat effectiveness .
The semiconductor high-end abrasive field is one of the tracks that Noyan Capital pays great attention to. Under the background of domestic substitution, we continue to be optimistic about the growth prospects of Puruisheng New Materials and will provide multi-dimensional and full-cycle empowerment to the team to assist the company in accelerating the R&D and mass production process and increase the market share of products. Nuoyan Capital will work with Puruisheng New Materials to create a leading brand in the field of third-generation semiconductor high-end abrasives with innovative and advanced concepts and a high sense of responsibility, and help the rapid development of China's semiconductor industry.
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