Last updated 2026-07-26
- Went public on TASE (TURB), Nov 2021
- Raised $7.5M PIPE led by Alex Katz, Mar 2026
- Raised $7.5M grant, Aug 2025
Total raised
$28.3M
Last: Undisclosed Round 2023-07
Stage
Public
Founded
2014
Headcount
18
HQ
Petah Tikva, Israel
Sector
Energy Tech
About
TurboGen develops and produces Micro Turbine CCHP (Combined Cool, Heat & Power) systems for buildings, including multi-family residences, hotels, nursing homes, hospitals, and offices. Their systems are designed for high efficiency, low emissions, and operate on natural gas, blends of hydrogen and natural gas, and diesel. The company aims to provide sustainable, on-site energy for microgrids and is developing systems capable of running on 100% hydrogen.
Funding history · 15 rounds · $28.3M total
2026-03
PIPE
$7.5M
★ Alex KatzAnglo Turbo
2025-10
Secondary
$2.7M
★ Tzachi AbuassigneesAlex Katzother lendersDov TannenbaumCertain lendersEliot TannenbaumCertain lenders and assignees
2025-08
Grant
$7.5M
2024-12
Debt Financing
Undisclosed
★ Eitan★ Danino★ Vivian Trau
2024-04
Convertible Bond
$550K
2023-07
Convertible Bond
$1.1M
★ Alex Katz
2023-05
Convertible Bond
Undisclosed
★ Pinchas Hertz
2023-04
Convertible Bond
Undisclosed
★ Zohar Rappaport★ Maayan David Jan
2022-11
Convertible Bond
$1.2M
★ Alex Katz★ Yoav Sharon
2022-11
Grant
$810K
★ Israel Innovation Authority
2021-11
Follow-on PO
$4.9M
★ Barak Capital★ Rosario Capital
2021
Grant
$1.4M
★ Israel Innovation Authority
2021
Grant
$675K
★ BIRD Energy
2020-10
Grant
Undisclosed
2018-02
Undisclosed Round
Undisclosed
★ OSEG
Headcount over time
From 3 (2019-04) to 17 (2026-03) · +14 (+467%) · 29 points · source: Finder history + radar grounding
Q&A
- What is TurboGen's primary focus?
- TurboGen develops and manufactures turbine-based Combined Cooling, Heating, and Power (CCHP) systems, utilizing industrialized aviation technology for on-site green energy generation.
- What are the key products offered by TurboGen?
- TurboGen offers proprietary micro-turbines in three primary sizes: the TG40 (40 kW electrical / 68 kW heating), the TG120 (120 kW electrical / 170 kW heating), and the high-capacity TG250 (250 kW electrical).
- What fuels can TurboGen's CCHP systems operate on?
- TurboGen's CCHP systems are designed to operate on natural gas, 100% hydrogen, or any blend of the two, making them a "hydrogen-ready" solution.
- When did TurboGen transition into a commercial growth phase?
- Since 2024, TurboGen has transitioned into a commercial growth phase, marked by its first commercial installation in New York and new strategic partnerships in Germany and India.
- What is the status of TurboGen's public listing?
- TurboGen became public on the TASE in November 2021 and has a market cap of $124,813,922 USD.
- What was TurboGen's most recent funding round?
- In March 2026, TurboGen completed a PIPE funding round, raising $7,500,000 USD with Alex Katz.
- Has TurboGen filed for a NASDAQ listing?
- In March 2026, TurboGen Ltd. announced the public filing of its Form F-1 registration statement for a proposed NASDAQ listing.
- Who is the CEO of TurboGen?
- Yaron Gilboa serves as the President & CEO of TurboGen.
Team · 2
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionClean Energy GenerationHydrogenEco-Efficient Energy UsageClean Industry Tech Green ConstructionEnergy TechEnergy Consumption & EfficiencyEnergy Production & Sources
Technologies
Machinery & Robotics
Target customers
Energy, Utilities & Waste ManagementUtilitiesGas UtilitiesElectricityDefense, Safety & SecurityNational SecurityMilitaryHealthcare & Life SciencesHealthcareProvidersTravel & TourismHospitalityHotelsReal Estate & ConstructionManagementCommercialResidential
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
off-gridenergynatural-gasthermal-energyenergy-efficiencyenergytechdata-centersclimate-techgreen-construciondual-usehydrogenrenewable-energydefenseenergy-usagefuels
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | turbogenchp.com/ |
|---|---|
| linkedin.com/company/13014951 | |
| YouTube | youtube.com/watch?v=NFEZb7eey-A |
Identifiers & details
| Legal name | TurboGen Ltd. |
|---|---|
| Former names | Turbo Gas |
| Founded | 2014-5 |
| Employees (exact) | 18 |
| Market cap | $124.8M |
| Status reason | Public on TASE on Nov 2021; |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| Public Offering | 2021-11 | TASE | TURB |
Radar intelligence
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515086056 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה ציבורית |
| Incorporated | 2014-05-27 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2021 |
| Active charges / liens | 1 |
| Registry events | 2 — people (1), charge (1) |
| Registered address | אפעל 22 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2026-01-22 | עדכון בעלי תפקידים |
| 2025-11-12 | רישום שעבוד |