Recently, Shanghai Mufan Power Technology Co., Ltd., a graduate enterprise incubated by Zizhu Venture Capital, successfully completed a strategic financing of 50 million yuan. This round of financing is exclusively invested by Yuanjing Energy. This is another capital boost from Mufan Power after half a year, following last year's nearly 50 million pre A round of financing.

Marvel-Tech, established in 2015, is a new energy and high-tech enterprise in the field of turbomachinery, dedicated to the development of a new generation of zero-carbon hydrogen power generation technology and products. The main products are hydrogen gas turbines, which can be applied to distributed energy, data centers, rail transit, ship power, vehicle power, energy storage and peak shaving and other carbon-neutral scenarios.

Recently, the company completed nearly 50 million yuan Pre-A financing, which was led by Dachen Caizhi, followed by Shunwei Capital and old shareholder Xiaomiao Fund. This round of financing funds will be mainly used for product processing and demonstration project construction, R&D team expansion, R&D test investment, business premises expansion and so on.