Kyulux Funding, Investors & Competitors

Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 27.9 billion of revenue in 2025, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. Air Liquide employs approximately 65,000 people.

Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.

Merck KGaA operates in three main segments: life science, electronics, and healthcare. The life science segment provides laboratory consumables and instruments to researchers in academia and applied fields, including the biopharmaceutical industry. The electronics segment offers specialty materials to manufacture a variety of products, such as semiconductors and flat-screen televisions. In the healthcare segment, Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In 1995, the E. Merck family publicly sold part of the company, resulting in the current 30% public ownership of the firm.

Disco Corp is a Japan-based company engaged in the manufacture and sale of precision processing equipment and related tools. The company operates as a single business segment focused on precision cutting, grinding, and polishing technologies used in semiconductor manufacturing and electronic component production. It provides equipment, consumables, and services that support high-precision wafer processing for the semiconductor and electronics industries.

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world’s largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

Guangdong HEC Technology Holding Co Ltd is engaged in the manufacture and distribution of electronic materials and alloy materials. The company's products consist of high-purity aluminum, electrode foil, hydrophilic foil and coatings for hydrophilic foil, aluminum electrolytic capacitors, soft magnetic materials, and electrochemical products.

LONGi Green Energy Technology is one of the largest integrated solar company in the world. It produced 106 gigawatts of solar silicon wafers and 70 GW of solar modules in 2024. Solar silicon wafer and solar module contributed 10% and 80% of revenue in 2024, respectively. LONGi’s products are sold in more than 150 countries and regions.

Posco Future M is in the business of coal chemistry and carbon materials. Its key business includes refractory manufacture and sale, furnace construction and maintenance, lime business, environmental business, comprehensive chemicals, carbon materials, and secondary battery anode materials, among others. The group operates in two segments: Basic Materials Division, which includes Refractory Business, Lime Mars Business, and Energy Materials Division, which includes the manufacture and sale of cathode and cathode materials. It generates the majority of its revenue from the Energy Materials Division.

Colossal Biosciences is a genetic engineering firm headquartered in Austin, Texas. Founded in 2021, it develops CRISPR-based technologies to de-extinct species including the woolly mammoth by 2028, dodo bird, and Tasmanian thylacine. The company also engineers traits into endangered animals like the Asian elephant to bolster populations against climate threats. Colossal maintains research labs across the United States and collaborates with institutions such as Harvard Medical School's George Church Lab. Its work spans genomic sequencing, stem cell reprogramming, and artificial womb development to restore ecosystems worldwide.

Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.

Kuang-Chi Technologies Co Ltd is engaged in the research and development, production, and sales of new-generation metamaterial cutting-edge equipment products in China. The company has two segments, which include the Metamaterials business segment and the Metamaterials research and development business segment. The company generates the majority of its revenue from the Metamaterials business segment.

Suzhou Maxwell Technologies Co Ltd is engaged in the design, research & development, production, and sales of intelligent manufacturing equipment. The company’s solar cell equipment portfolio includes HJT heterojunction high-efficiency production lines and automated screen printing lines adaptable to multiple cell processes. It also develops core equipment for display panels covering laser cutting, bonding, repair, and hybrid bonding, and provides semiconductor packaging solutions, particularly in pan-cutting processes.

Chongqing Genori Technology Co Ltd is engaged in the research, development, production and sales of core components for semiconductor equipment, as well as the provision of surface treatment services. The company's main products include equipment components made of silicon, quartz, silicon carbide, and alumina ceramics, as well as surface treatment services such as plasma regeneration, anodizing, and precision cleaning. These components and surface treatment services are used in semiconductor equipment for processes such as plasma etching and thin film deposition in the integrated circuit industry, and in panel manufacturing equipment for processes such as plasma etching, thin film deposition, and evaporation in the display panel industry.

Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.

USA Rare Earth Inc is a vertically integrated, domestic rare earth magnet supply chain that supports the state of energy, mobility, and national security in the United States. USARE is developing an NdFeB magnet manufacturing plant in the United States, and establishing domestic rare earth and critical minerals supply, extraction, and processing capabilities to both supply its manufacturing plant and market surplus materials to third parties. Rare earth magnets are critical to various business sectors and industries, including the defense, automotive, aviation, industrial, medical and consumer electronics industries.

Group14 Technologies is a provider of silicon-based materials for lithium-ion batteries, headquartered in Woodinville, Washington. The company's SCC55 silicon-carbon composite replaces graphite anodes, boosting energy density by up to 50 percent and enabling faster charging in electric vehicles and consumer devices. Compatible with pouch, cylindrical, and prismatic cell formats, the material supports scalable manufacturing via proprietary silane gas processes. Group14 partners with battery makers to localize supply chains in North America and Europe.

Hithium Energy Storage is a Shenzhen-based manufacturer specializing in lithium iron phosphate batteries, core materials, and energy storage systems. It operates four R&D centers and intelligent production lines, emphasizing safety enhancements and extended battery lifespans for grid, industrial, and residential applications.

OCSiAl Group is a Luxembourg-headquartered manufacturer holding 97 percent of global production capacity for single-wall carbon nanotubes, known as graphene nanotubes. The company supplies these materials for silicon-anode batteries adopted by electric vehicle makers, along with applications in batteries, composites, and coatings across the United States, China, India, Japan, South Korea, and Europe. OCSiAl achieved unicorn status in 2019 and raised capital valuing it at around $2 billion in 2021, with investment from Daikin Industries.