Wuke Superconducting Completes Tens of Millions in Angel Round Financing, Accelerating the Industrialization of High-Temperature Superconducting Tapes

In late July 2026, Beijing Wuke Superconducting Technology Co., Ltd. (hereinafter referred to as "Wuke Superconducting") completed an angel round financing of tens of millions of RMB. This round was jointly invested by CASSTAR, Zhongguancun Capital, and Huairou Hard Technology Fund. The joint backing of several renowned venture capital institutions fully confirms the capital market's high recognition of Wuke Superconducting's core team, technical strength, and industry development prospects.

Wuke Superconducting was initiated by the technical team of the Institute of Physics, Chinese Academy of Sciences, focusing on the R&D, preparation, and industrial application of a new generation of high-temperature superconducting tapes. The company is dedicated to overcoming the key bottlenecks in transitioning high-temperature superconducting materials from laboratory to large-scale application, building a full-chain industrialization platform for high-temperature superconductivity that integrates superconducting target development, core equipment R&D, high-performance tape preparation, and ultimate performance characterization of wires and tapes. Leveraging its proprietary original technology system, Wuke Superconducting will continue to unlock the complete pathway from laboratory samples to industrial mass production of high-temperature superconducting materials, promoting the large-scale application of high-temperature superconducting technology in fields such as controlled nuclear fusion, energy and power, advanced manufacturing, healthcare, and transportation equipment, thereby empowering the upgrading and high-quality development of China's high-temperature superconducting industry.

The funds from this round will be primarily used for the construction of a pilot production line for the new generation of high-temperature superconducting tapes, iterative optimization of core production processes, and the recruitment of high-end talent and team expansion, laying a solid foundation in production capacity and talent for the company's continued engineering implementation and market expansion.