Within a span of five months, MOL Advance (also known as Muer New Materials) has successfully secured tens of millions of yuan in Pre-A round funding across two separate financing events. The investors in these rounds include Bangqin Venture Capital and Henan Huirong Gewu. The capital raised will be allocated towards the research and development of ultra-high precision filtration membranes and filters, as well as for market expansion and ecosystem development.
