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Chinese compressed air energy storage firm ZGT closes $141m Series A round

With the completion of its Series A round, ZGT has by far completed at least four rounds with 1.66 billion yuan ($234 million) in financing.

Chen haishengInstitute of engineering thermophysicsZhongchu guoneng technologyChinese academy of sciencesZhuzhou geckor groupTsinghua holdings capitalGuokai manufacturing transformationUpgrading fundCinda kunpengInvestment managementGaorong capitalEngineering thermophysicsChinese academySeries pre aZhuzhou geckor

Startup Funding: January 2023

Startup Funding: January 2023
semiengineering.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from semiengineering.com Daily Mail and Mail on Sunday newspapers.

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China s compressed air energy storage industry makes progress

A 300MWh system has connected to the grid in Jiangsu while a compressed air storage startup has raised nearly US$50 million in funding round.

United kingdomZhou tingState grid corporationChina huaneng groupShanghai power equipment research instituteChina national salt industry groupChinese academy of sciencesChina huaneng group jiangsuGrid corporationChina three gorges renewables groupInstitute of engineering thermophysicsZhongchu guoneng technologyTsinghua universityTsinghua holdings capitalJiangsu provinceChangzhou city

Startup Funding: March 2022

Startup Funding: March 2022
semiengineering.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from semiengineering.com Daily Mail and Mail on Sunday newspapers.

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China Digest: Nebula Link, Authine close new funding rounds

Authine's financing round saw participation from new investors Maison Capital and Oriental Fortune Capital.

Anhui transportation holding groupInvestment holding groupTsinghua holdings capitalNebula linkAnhui guoyuan venture capitalHefei industryPuhua capitalTianjin venture capitalMaison capitalOriental fortune capitalGaorong capitalHuatai innovationPeakvest investmentLegend capitalChina growth capitalYunnan construction