Quasar Power lands early VC round from Longcheng fund
What's the deal? Quasar PowerDealroom has a profile for this one. Try Dealroom →, a Chinese maker of high power-density motor controllers, has closed an early VC round backed by the Longcheng Sci-Tech Innovation Fund. The company announced the raise in August 2026.
What's the endgame? Quasar develops, manufactures, and sells motor controllers covering 48V to 144V voltage platforms, with power ranging from 800W to 35kW. Its products serve low-speed new-energy vehicles.
Where it's used: Applications span electric two-wheelers, three-wheelers, sightseeing cars, and electric yachts.
The signal: Investor interest in low-speed electric transport reflects a widening market beyond passenger cars, where specialised components like power-dense controllers are drawing early-stage capital.
Image credit: Generated with Gemini
