Mige New Material Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
436
- Latest Deal Type
-
IPO
- (Cancelled)
- Investors
-
14
Mige New Material General Information
Description
Developer and manufacturer of graphite and carbon materials and related products intended to reduce energy loss in thermal field management. The company operates and acts as an agent for the import and export business of various commodities and technologies and it is committed to the complete production of products from pre-oxidation, carbonization, and graphitization, providing users with products involving PAN-based , asphalt-based, viscose-based, pre-oxygen fiber and other series.
Contact Information
Website
www.migecarbon.comCorporate Office
- No. 17 Chengzihu West Road, Economic Development Zone
- Sihong County
- Suqian, Jiangsu 223900
- China
Corporate Office
- No. 17 Chengzihu West Road, Economic Development Zone
- Sihong County
- Suqian, Jiangsu 223900
- China
Mige New Material Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. IPO | 31-Dec-2024 | Cancelled | Profitable | |||
| 4. Early Stage VC | 28-Dec-2022 | Completed | Profitable | |||
| 3. Early Stage VC | 28-Jun-2022 | Completed | Profitable | |||
| 2. Secondary Transaction - Private | 29-Apr-2022 | $14M | $12.9M | Completed | Profitable | |
| 1. Early Stage VC | 13-Jan-2022 | $12.9M | $12.9M | Completed | Profitable |
Mige New Material Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 7,621,610 | $1.54 | $1.54 | 1x | $1.54 | 7.89% |
Mige New Material Signals
Mige New Material Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| CICC Capital | PE/Buyout | Minority | ||
| Jiangsu Taihua Venture Capital | Venture Capital | Minority | ||
| Jushi Chuangtou | Growth/Expansion | Minority | ||
| Nanjing Jinguang Zijin Venture Capital Management | Venture Capital | Minority | ||
| Volcanics Venture | Venture Capital | Minority |
Mige New Material Investments (1)
Mige New Material’s most recent deal was a Corporate with Renshine Solar for . The deal was made on 17-Feb-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Renshine Solar | 17-Feb-2022 | Corporate | Alternative Energy Equipment |
Mige New Material FAQs
-
When was Mige New Material founded?
Mige New Material was founded in 2019.
-
Where is Mige New Material headquartered?
Mige New Material is headquartered in Suqian, China.
-
What is the size of Mige New Material?
Mige New Material has 436 total employees.
-
What industry is Mige New Material in?
Mige New Material’s primary industry is Industrial Supplies and Parts.
-
Is Mige New Material a private or public company?
Mige New Material is a Private company.
-
What is Mige New Material’s current revenue?
The current revenue for Mige New Material is .
-
How much funding has Mige New Material raised over time?
Mige New Material has raised $84.8M.
-
Who are Mige New Material’s investors?
CICC Capital, Jiangsu Taihua Venture Capital, Jushi Chuangtou, Nanjing Jinguang Zijin Venture Capital Management, and Volcanics Venture are 5 of 14 investors who have invested in Mige New Material.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process