Hondol Material

Suzhou, China · Founded 2021 · Privately Held (backing)

Manufacturer of thin film materials intended for photovoltaic module encapsulation. Hondol Material is based in Suzhou, China and was founded in 2021. Its last reported valuation was $26.9 million in Feb 2023. It has raised $31.8 million.

Last reported valuation
$26.9M
Oct 2026
Priced at
—
Total raised
$31.8M
Last round
—

Hondol Material key facts

as of Oct 2026
  • Manufacturer of thin film materials intended for photovoltaic module encapsulation.
  • Hondol Material is valued at approximately $26.9M as of Oct 2026 (last reported valuation).
  • It has raised $31.8M; the latest was Early Stage VC in Aug 2025.
  • Notable investors include SND Ventures Group, Hefei Industry Investment Group, CMB International Capital, Jiuzhi Capital, Chengdu Dingxing Quantum Investment Management — 8 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$26.9M

Hondol Material's last reported valuation, Feb 2023. Nothing priced has surfaced since.

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Hondol Material funding rounds

No rounds on record

No funding rounds for Hondol Material are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Hondol Material valuation

Hondol Material's last reported valuation was $26.9 million in Feb 2023. No priced round, secondary trade or fund mark has surfaced since.

Hondol Material investors

8 investors are on record for Hondol Material, including SND Ventures Group, Hefei Industry Investment Group, CMB International Capital and Jiuzhi Capital.

About Hondol Material

Manufacturer of thin film materials intended for photovoltaic module encapsulation. The company specializes in research and development, production and sales of thin film materials for photovoltaic module packaging, providing customers with photovoltaic backplanes, fluorine films, soft glass, adhesive films and other products.

Sector
Materials and Resources
HQ
Suzhou, China
Founded
2021
Employees
150
Ownership
Privately Held (backing)

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