---
title: "Marvel-Tech raises more than RMB500 million across two financing rounds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292574606.md"
description: "Shanghai-based Marvel-Tech completed two financing rounds totaling over RMB500 million, led by HongShan (Series C) and C&D Emerging Investment/Qiming Venture Partners (Series B). Funds will support a new manufacturing center and testing facility, aiming for 1GW capacity by 2026. The company develops gas turbines for green fuels and AI data centers."
datetime: "2026-07-14T06:08:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292574606.md)
  - [en](https://longbridge.com/en/news/292574606.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292574606.md)
---

# Marvel-Tech raises more than RMB500 million across two financing rounds

Shanghai-based Marvel-Tech, a developer of gas turbines and industrial waste-heat and waste-pressure recovery turbine systems, has completed two consecutive financing rounds totaling more than RMB500 million. The C round was led by HongShan, while the B round was jointly led by C&D Emerging Investment and Qiming Venture Partners.

The company said the funds will support a manufacturing and assembly center for its gas turbine product lines, as well as a high-power unit performance testing center. Marvel-Tech plans to build 1GW of manufacturing and delivery capacity in 2026.

Marvel-Tech’s current product line includes 8MW and 30MW gas turbines for green-fuel applications and AI data center power infrastructure. Its technology is designed to support hydrogen, ammonia and natural gas combustion without hardware changes. \[TechNode reporting\]

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