Fundraise

Zhongke Guosheng raises $90M Series C for light gas turbines

What's the deal? Chinese gas turbine maker Zhongke Guosheng PowerDealroom has a profile for this one. Try Dealroom → has raised US$82.5M (roughly $90 million) in a Series C round. Sequoia China and Jiantou Investment co-led the round, announced in September 2026.

Who else joined? New investors included Walden International, China Merchants CapitalDealroom has a profile for this one. Try Dealroom →, Guangzhou Industrial Investment, and Chengdu Science and Technology Innovation Investment Group. Existing backers Guoke InvestmentDealroom has a profile for this one. Try Dealroom → and Shandong New Kinetic Energy FundDealroom has a profile for this one. Try Dealroom → also added to their stakes.

What does it do? Zhongke Guosheng develops and produces light gas turbines in the 20–50MW range. Its TG30 series has reached volume production, serving as core equipment for distributed power generation and mechanical drives across the power, oil and gas, metallurgy, and chemical sectors.

The company's business spans turbine and power-system sales, overhaul services, spare parts, technical training, and turnkey solutions including EPC contracting and energy management.

The signal: The backing from major domestic and global funds points to steady investor appetite for homegrown gas turbine technology, a segment tied to distributed power and industrial energy needs across China.

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