Qingqi Power raises 100M CNY ($14M) to scale its micro gas turbines for AI data centres
What's the deal? Qingqi Power Beijing Technology, a Chinese maker of micro and small gas turbines, has raised 100,000,000 CNY ($14 million).
Yonggui FundDealroom has a profile for this one. Try Dealroom → led the round. Daxing Talent Technology Innovation Fund and Shanghai Haimei HoldingsDealroom has a profile for this one. Try Dealroom → joined, with existing backer Innoangel FundDealroom has a profile for this one. Try Dealroom → following on.
The startup will spend the money to build production capacity for its first product, the GEN200 turbine. It also plans to speed development of megawatt-scale models.
Why now? Qingqi is chasing the power gap created by the global shift to clean energy and the surge in AI computing demand.
It is targeting off-grid and microgrid supply for data centres at home and abroad. AI workloads need reliable, dense power that the existing grid often cannot deliver.
What could go wrong? The company, founded in October 2022, is still pre-production on its flagship turbine.
Scaling from a single first model to megawatt-class products and full manufacturing is a steep, capital-heavy climb.
The signal: Qingqi is an early-stage spinout from Tsinghua University's School of Aerospace, aiming to convert aerospace technology into commercial gas turbines. The bet reflects a wider push in China to break dependence on foreign high-end equipment while feeding the energy-hungry AI boom.
