{"slug": "marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds", "title": "Marvel-Tech raises more than RMB500 million across two financing rounds", "summary": "Shanghai-based Marvel-Tech raised over RMB500 million in two financing rounds led by HongShan, C&D Emerging Investment, and Qiming Venture Partners. The funds will support manufacturing and testing centers for gas turbines used in green-fuel applications and AI data center power infrastructure.", "body_md": "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.\n\nThe 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.\n\nMarvel-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]", "url": "https://wpnews.pro/news/marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds", "canonical_source": "https://technode.com/2026/07/14/marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds/", "published_at": "2026-07-14 06:08:34+00:00", "updated_at": "2026-07-14 06:22:30.061340+00:00", "lang": "en", "topics": ["ai-infrastructure"], "entities": ["Marvel-Tech", "HongShan", "C&D Emerging Investment", "Qiming Venture Partners"], "alternates": {"html": "https://wpnews.pro/news/marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds", "markdown": "https://wpnews.pro/news/marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds.md", "text": "https://wpnews.pro/news/marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds.txt", "jsonld": "https://wpnews.pro/news/marvel-tech-raises-more-than-rmb500-million-across-two-financing-rounds.jsonld"}}