Jiuyao Electronic raises 90M CNY Series B for PTFE microwave materials
What's the deal? Jiuyao Electronic has raised 90 million CNY (about $13.3 million) in a Series B round led by Dingjian CapitalDealroom has a profile for this one. Try Dealroom →. The company makes materials for high-frequency electronics.
What does it do? Jiuyao focuses on developing and producing polytetrafluoroethylene (PTFE) prepregs and high-frequency microwave PCB copper-clad laminate (CCL) materials. It also supplies PTFE-coated glass fibre cloth.
In the copper-clad laminate space, it produces PTFE substrate materials suited to radio-frequency and microwave circuit boards. Its coated glass fibre cloth serves uses including laminate release film, food conveyor belts, and electrical insulation.
Who's backing it? The round was funded by Dingjian CapitalDealroom has a profile for this one. Try Dealroom →, with 万创投行Dealroom has a profile for this one. Try Dealroom → acting as long-term financial adviser.
The signal: High-frequency PTFE substrates are core inputs for radio-frequency and microwave circuit boards, a segment tied to wireless and communications hardware. The raise points to continued investor interest in localised supply of specialised electronic materials.
Image credit: Generated with Gemini
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