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Holding Company
huafeng.com

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Investments

3

Portfolio Exits

1

About Huafon Group

Huafon Group (华峰集团) is a private shareholding enterprise which specializes in chemical new material industries, and also enters other ancillary industries such as metal, finance, logistics and trade. Huafon Group sets up production bases in 11 provinces and cities, owns 2 public companies, 3 featured financial companies and 7 national new high-tech enterprises.

Huafon Group Headquarter Location

XinCheng Industrial Park

Rui'an, Zhejiang , 325206,

China

+86 0577-65178888

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Latest Huafon Group News

Buyer of DuPont’s PTT business finally revealed

Jun 7, 2022

Buyer of DuPont’s PTT business finally revealed Huafon has launched the business as Covation Biomaterials, which is headquartered in Newark. Michael Saltzberg, global business director for the assets under DuPont, has been named CEO. “By collaborating with forward-thinking value chain partners and brands globally, we will continue to push the boundaries of innovation and sustainability to deliver high-performance biomaterials at scale,” Saltzberg says in a press statement. “We are thrilled to be joining the Huafon Group, a highly successful materials company that is uniquely positioned to expand the reach of our current products and help us accelerate the introduction of new offerings and technologies to the market.”

Huafon Group Investments

3 Investments

Huafon Group has made 3 investments. Their latest investment was in APA Technology as part of their Series A on January 1, 2022.

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Huafon Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/14/2022

Series A

APA Technology

$23.54M

Yes

3

2/2/2021

Series A

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10

12/26/2018

Series A - II

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10

Date

1/14/2022

2/2/2021

12/26/2018

Round

Series A

Series A

Series A - II

Company

APA Technology

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Amount

$23.54M

New?

Yes

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Co-Investors

Sources

3

10

10

Huafon Group Portfolio Exits

1 Portfolio Exit

Huafon Group has 1 portfolio exit. Their latest portfolio exit was Swiftpass on June 01, 2017.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/1/2017

IPO

$99M

Public

2

Date

6/1/2017

Exit

IPO

Companies

Valuation

$99M

Acquirer

Public

Sources

2

Huafon Group Acquisitions

2 Acquisitions

Huafon Group acquired 2 companies. Their latest acquisition was DuPont - Biomaterials Business on May 31, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/31/2022

$99M

Acquired Unit

1

9/30/2016

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$99M

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10

Date

5/31/2022

9/30/2016

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired Unit

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Sources

1

10

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