In September 2023, Jiaxing Furuibang New Material Technology Co., Ltd. (referred to as "Furuibang" henceforth) successfully completed its Series B financing round, with Dinghui Baifu leading the investment and the participation of multiple renowned institutions. The funds raised in this round will primarily be allocated towards expanding production capacity, broadening market reach, and bolstering working capital, among other strategic objectives.
Established in 2018, Furuibang has emerged as a leading player in the domestic nanofiber industrialization sector. The company is dedicated to the research, production, and sale of nanofiber air filter membranes, flexible ceramic nanofilms, and ultra-light thermal insulation materials. These products find wide-ranging applications across industries such as semiconductors, biomedicine, panels, aquaculture, lithium batteries, helicopters, missiles, and high-end outdoor apparel. Furuibang holds several prestigious titles, including being recognized as a national high-tech enterprise, a national science and technology-oriented small and medium-sized enterprise, and a national-level "Little Giant" enterprise specializing in innovative and niche industries.
Dinghui Baifu expressed their confidence in Furuibang, stating, "Nanofiber materials exhibit exceptional properties surpassing macro materials, with versatile applications spanning a market potential in the billions. Furuibang demonstrates clear technical and market advantages within the nanofiber domain, inspiring our full confidence in their future development."
Serving as the legal advisor for Dinghui Baifu, Llinks brings its wealth of experience in investment and financing to provide professional legal services for this particular investment endeavor.
Llinks Team:
Partners: Selena She, Colin Shi
Associate: Kaycee Wang
