"China Science Clean Energy" completes nearly 500 million yuan Pre-A++ round of financing

36Kr learned that "CSET" has completed nearly 500 million yuan in Pre-A++ round financing. Dinghui Baifu led the investment, with Nio Capital, Guo Xin Fund, and Kunpeng Capital co-leading, and several investment institutions including Hetang Capital, Xiaoyu Capital, Henan Assets, Feitu Venture Capital, and Xihu Venture Capital participating. Original shareholders Rongtuo Capital and China General Nuclear Power Capital continue to increase their holdings; Yundao Capital served as the financial advisor for this round of financing. The funds will mainly be used for the research and engineering delivery of larger-scale liquid hydrogen systems, the largest nuclear fusion refrigeration systems in China, key refrigeration systems for multiple large scientific devices in China, the third-generation quantum low-temperature sensing systems, and the construction of the second-phase manufacturing center