About
Turbogen focuses on developing and manufacturing turbine-based Combined Cooling, Heating, and Power (CCHP) systems. Based on industrialized aviation technology, the company’s proprietary micro-turbines now come in three primary sizes: the TG40 (40 kW electrical / 68 kW heating), the TG120 (120 kW electrical / 170 kW heating), and the newly introduced high-capacity TG250 (250 kW electrical). These systems are designed to operate on natural gas, 100% hydrogen, or any blend of the two, offering a versatile "hydrogen-ready" solution for the energy transition.
Turbogen’s CCHP systems provide sustainable, on-site energy for microgrids, hospitals, hotels, and multi-family residences. These units are lightweight, compact, and designed for high reliability, with a Maintenance Time Between Overhaul (MTBO) of over 50,000 hours. By generating power at the point of use, they eliminate grid transmission losses and provide critical "peak shaving" capabilities for utilities and building owners.
Since 2024, the company has transitioned into a commercial growth phase, highlighted by its first commercial installation in New York and new strategic partnerships in Germany and India. Turbogen’s patented multi-fuel technology now supports hybrid operations including Solar–Gas and Hydrogen–Gas, enabling buildings to achieve up to 90% total energy efficiency and significantly lower greenhouse gas emissions to comply with strict local environmental regulations like NYC's Local Law 97.
Funding history · 8 rounds · $9.4M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When did TurboGen become a publicly traded company?
- TurboGen went public on the TASE in November 2021, with an IPO valuation of $45.2 million.
- What significant commercial milestone did TurboGen achieve in 2024?
- In 2024, TurboGen entered a commercial growth phase, marked by its first commercial installation in New York and new strategic partnerships in Germany and India.
- What type of energy systems does TurboGen develop and manufacture?
- TurboGen develops and manufactures turbine-based Combined Cooling, Heating, and Power (CCHP) systems, utilizing industrialized aviation technology.
- What are the primary sizes of micro-turbines offered by TurboGen?
- TurboGen offers three primary micro-turbine sizes: the TG40 (40 kW electrical / 68 kW heating), the TG120 (120 kW electrical / 170 kW heating), and the 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 'hydrogen-ready'.
- What was the total amount raised by TurboGen through funding rounds?
- TurboGen has raised a total of $9,390,000 through various funding rounds. For a full financing history, please refer to startupim.
- When did TurboGen receive a patent approval for a microturbine cooling system?
- In June 2023, TurboGen received a patent approval for its microturbine cooling system.
- What was the purpose of the strategic Memorandum of Understanding signed by TurboGen in July 2023?
- In July 2023, TurboGen signed a strategic Memorandum of Understanding with PEG, an American company, to facilitate its entry into the US market.
- What is TurboGen's current market capitalization?
- As of April 29, 2026, TurboGen's market capitalization was $124,813,922.