Shanghai Mufan Power Technology

Shanghai Mufan Power Technology

One of the biggest manufactures of LCD products. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€125m (Public information from Sep 2024)
Minhang District Shanghai (HQ)
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DateInvestorsAmountRound
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N/A

N/A

Angel
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CNY50.0m

Seed
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CNY50.0m

Seed
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CNY200m

Valuation: CNY1.0b

Early VC
Total Funding€37.5m

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Marvel Tech is a high-tech enterprise specializing in zero carbon green power generation technology, focusing on the development of 100% pure hydrogen gas turbines. Serving a diverse range of clients from small-scale to large-scale power generation, Marvel Tech operates in the renewable energy market. The company's business model revolves around the research, development, and commercialization of hydrogen gas turbines, which are compatible with various hydrogen carriers such as high pressure hydrogen, liquid hydrogen, organic liquid hydrogen storage, ammonia, and methanol. Marvel Tech generates revenue through the sale of its advanced gas turbine products and related services. Recently, the company achieved TRL 9 certification, indicating the highest level of technology readiness for its core hydrogen gas turbine technology.

Keywords: hydrogen gas turbines, zero carbon, green power, renewable energy, high-tech, TRL 9 certification, hydrogen carriers, power generation, technology development, China.