Kingwills™, with the industry trend guided, landed more than 100 million yuan in Series B funding
Summary
The product quality has received widespread acclaim, and orders have been booked until 2024.Flash-spun metamaterial has excellent properties, a wide application range and high commercial value. Flash-spun metamaterial is characterized with strong waterproof, air permeability, light weight, high strength, bacteria resistance and high cleanliness, and has nearly 100 mature application scenarios in medical packaging, building envelopes, safety protection, industrial packaging, consumer goods and other fields.To break the monopoly of this technology, Kingwills has undergone nearly 10 years of arduous independent research and development work, and achieved multifaceted independent innovation in terms of technology, process and equipment. After years of technology research and development and process accumulation, Kingwills has successfully broken the foreign monopoly and made significant industrialization progress in this field. The successful completion of Series B funding will help Kingwills continue to expand production capacity, increase research and development efforts and attract more top-tier expert talents to join the team. As the leader of the flash-spun metamaterial in China, Kingwills has established solid barriers in technological breakthroughs, large-scale production and commercialization; on the other hand, it has a top team.