Huawei Hubble and BGI Investment: This high-end materials manufacturer has completed tens of millions of yuan in Series A+ financing | Exclusive from 36Kr

Text | Lin Qingqing

Editor | Yuan Silai

36Kr learned that recently, "Titanium Memory Technology", a supplier of high-end shape memory alloy materials and intelligent application solutions, completed a Series A+ financing round worth tens of millions of yuan. The investors include investment institutions such as Huada Gongying. The funds from this round will mainly be used for setting up a material production line and technology reserves for product development. Previously, "Titanium Memory Technology" received angel round financing from Xianfeng Changqing in 2022 and Series A financing participated by institutions such as Orient Securities and Hubble Investment in 2023.

Founded in 2022, "Titanium Memory Technology" is a supplier focusing on high-end shape memory alloy materials and intelligent application solutions. It is committed to the innovative R & D, design, and manufacturing of nickel-titanium memory alloy materials in various application fields. It is reported that its SMA intelligent devices can replace traditional mechanical devices with complex structures, achieving miniaturization, lightweight, and intelligentization of the driving structure. The products have been applied in fields such as consumer electronics, automobiles, and medical care.

Shape Memory Alloy (SMA for short) is a material that undergoes phase transformation when subjected to mechanical stress or temperature changes. It has characteristics such as strong stability, corrosion resistance, biocompatibility, and superelasticity. SMA has broad application prospects in fields such as medicine, aerospace, automotive engineering, and construction engineering.

Currently, the global high-end shape memory alloy market is mainly monopolized by foreign enterprises. Although the domestic shape memory alloy industry is developing rapidly, there are still certain technological gaps in areas such as ultra-high-purity raw material technology and stability control. Domestic enterprises also face challenges in cost control, product performance evaluation and verification, etc. In addition, the customization ability of the domestic shape memory alloy industry is relatively weak, making it difficult to quickly respond to market demands.

Jin Mingjiang, the chairman of "Titanium Memory Technology", told 36Kr that to solve technical problems such as high fatigue life and the consistency of material functions in multiple batches, "Titanium Memory Technology" has carried out research and production of ultra-high-purity raw materials and research on thermomechanical control of fatigue resistance. Through its independently developed smelting process, it has achieved the production of high-purity nickel-titanium alloy materials, and the performance deviation of its product functions between different batches is extremely small. In addition, "Titanium Memory Technology" has also significantly improved the anti-functional attenuation ability of SMA driving materials by studying the functional fatigue mechanism of multi-scale nickel-titanium alloy wires. In terms of the "sensing, driving, and control integration" design, "Titanium Memory Technology" has established a self-feedback system based on resistance - displacement, realizing high-precision closed-loop control.

Currently, the core products of "Titanium Memory Technology" include SMA driving wires, superelastic wires, high-temperature wires, and SMA springs. It is understood that these products have characteristics such as high stability, high corrosion resistance, high biocompatibility, and superelasticity. From different application scenarios, in the consumer electronics field, the SMA driving wires of "Titanium Memory Technology" are used in the optical image stabilization motors of mobile phone lenses, and its products have obtained performance certification from CML in the UK;

In the automotive field, the SMA materials of "Titanium Memory Technology" are used in components such as automobile seats and suspension systems, providing strong support for the comfort and safety of automobiles. In the medical field, the SMA materials of "Titanium Memory Technology" are used in medical interventional materials and intelligent devices. For example, the SMA materials of "Titanium Memory Technology" have passed the performance verification of leading medical enterprises and are cooperating with the enterprises to develop an intelligent-driven high-precision liquid medicine delivery system.

In terms of the team, Jin Mingjiang, the chairman and chief scientist of "Titanium Memory Technology", serves as an associate researcher and doctoral supervisor at the School of Materials Science and Engineering of Shanghai Jiao Tong University and has more than a decade of experience in SMA phase transformation theory and application research; Wen Guojun, the CEO of the company, has many years of experience in the operation and management of international enterprises and continuous entrepreneurship.