Mufan Power completes two consecutive rounds of financing totaling over 500 million yuan.
Recently, Shanghai Mufan Power Technology Co., Ltd. announced that it has completed over 500 million yuan in financing through two consecutive rounds. Qiming Venture Partners led the B round of financing and participated in the C round. The financing will mainly be used for the construction of a mass assembly manufacturing center for Mufan Power's core products - gas turbines and turbine product lines, as well as a high-power whole machine factory acceptance center. It will also drive the expansion of Mufan Power's fully self-developed gas turbine production capacity.
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