Thu Power Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 20

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 8

Thu Power General Information

Description

Manufacturer of advanced combustion and propulsion technology designed to enhance aerospace and energy applications. The company offers rotating detonation engines, turbojet propulsion systems, fuel technologies, and simulation software, enabling aerospace manufacturers and energy-focused industries to improve engine efficiency and develop advanced propulsion systems.

Contact Information

Website
www.thupower.com.cn
Formerly Known As
Qinghang Aerospace (Zhejiang) Technology
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Room 201, 2nd Floor, Building 19
  • Number 10 Courtyard, Dingli Road, Daxing District
  • Beijing, 100162
  • China
+86 010
Primary Industry
Aerospace and Defense
Other Industries
Industrial Supplies and Parts
Vertical(s)
Manufacturing
Corporate Office
  • Room 201, 2nd Floor, Building 19
  • Number 10 Courtyard, Dingli Road, Daxing District
  • Beijing, 100162
  • China
+86 010

Thu Power Timeline

2023202420252026
Financing Round

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Thu Power Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 28-Aug-2025 Completed Generating Revenue
4. Later Stage VC (Series B) 28-Apr-2024 Completed Generating Revenue
3. Early Stage VC 29-May-2023 Completed Generating Revenue
2. Seed Round 06-Dec-2019 Completed Startup
1. Seed Round 14-Mar-2019 Completed Startup
To view Thu Power’s complete valuation and funding history, request access »

Thu Power Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Thu Power Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Zhejiang Jinggong Integration Technology Corporation Minority
Chengdu Venture Capital Group Venture Capital Minority
China Capital Management PE/Buyout Minority
MY Capital Venture Capital Minority
Qianhai FoF Fund of Funds Minority
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Thu Power FAQs

  • When was Thu Power founded?

    Thu Power was founded in 2019.

  • Where is Thu Power headquartered?

    Thu Power is headquartered in Beijing, China.

  • What is the size of Thu Power?

    Thu Power has 20 total employees.

  • What industry is Thu Power in?

    Thu Power’s primary industry is Aerospace and Defense.

  • Is Thu Power a private or public company?

    Thu Power is a Private company.

  • What is Thu Power’s current revenue?

    The current revenue for Thu Power is .

  • How much funding has Thu Power raised over time?

    Thu Power has raised $13.9M.

  • Who are Thu Power’s investors?

    Zhejiang Jinggong Integration Technology, Chengdu Venture Capital Group, China Capital Management, MY Capital, and Qianhai FoF are 5 of 8 investors who have invested in Thu Power.

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