"Yisheng New Materials" has secured nearly 100 million yuan in Series A3 financing.
36Kr has learned that Yisheng New Materials has announced the completion of its nearly 100 million yuan Series A3 financing round. This round is jointly led by Yuanhe Puhua and Changjiang Innovation, with CSC, Bangsheng under Jiangsu High-tech Investment Group, Fengyuan Capital and Yinbai Investment participating as follow-on investors, while Xinchuang Fund under Zhongguancun Qihang, an existing shareholder, has made a follow-up investment. The funds raised in this round will be mainly used for hardware equipment investment and high-end talent recruitment.