Last updated 2026-09-09
- Raised $5M PIPE led by existing shareholders, Aug 2026
- Raised $7.5M PIPE led by Alex Katz, Mar 2026
- Raised $7.5M grant led by Alex Katz, Aug 2025
Total raised
$35.4M
Last: Public Offering 2026-08
Stage
Public
Founded
2014
Headcount
33
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. 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.
Funding history · 14 rounds · $35.4M total
14 events/rounds · $35.4M Total Funding: $12.5M in Private Equity, $4.9M in Public Equity, $2.9M in Debt
Aug 2026
★ existing shareholders
Mar 2026
Aug 2025
★ Alex Katz★ Tzachi Abu★ Israel Innovation AuthorityassigneesAnglo Turboother lendersDov TannenbaumCertain lendersEliot TannenbaumExisting shareholdersCertain lenders and assignees
Dec 2024
Debt Financing
Undisclosed
sec.gov
Apr 2024
Convertible Bond
$550K
prior (startupim db)
Jul 2023
Convertible Debt
$1.1M
turbogenchp.com
Apr 2023
Convertible Bond
Undisclosed
prior (startupim db)
Jan 2023
Grant
Undisclosed
prior (startupim db)
Nov 2022
Grant
$810K
turbogenchp.com
Nov 2022
Convertible Bond
$1.2M
prior (startupim db)
Nov 2021
★ Barak Capital★ Rosario Capital★ Bi-National FundPublic (TASE)Public on TASEEn-Power GroupPublic investors on TASEIsrael Innovation AuthorityPublic investors on the Tel Aviv Stock Exchange (TASE)
Dec 2020
Feb 2018
Grant
$1.4M
prior (startupim db)
Jun 2015
Offices
Petah Tikva, Israel · HQ / main office
Q&A
- What is TurboGen's primary business?
- TurboGen develops and produces multi-fuel micro-turbine Combined Cool, Heat & Power (CCHP) systems for on-site electricity and heat production in various buildings, including residential, hospitality, healthcare, and office spaces.
- What is TurboGen's current operational status and employee count?
- TurboGen is a public company with 11-50 employees. Since 2024, the company has entered a commercial growth phase.
- What significant commercial milestones has TurboGen achieved recently?
- Since 2024, TurboGen has achieved its first commercial installation in New York and established new strategic partnerships in Germany and India.
- When did TurboGen conduct its most recent public offering?
- In August 2026, TurboGen completed a Public Offering, raising $5,000,000.
- Which investors participated in TurboGen's PIPE round in March 2026?
- In March 2026, TurboGen raised $7,500,000 in a PIPE round with participation from Alex Katz.
- What was the most recent grant TurboGen received?
- In August 2025, TurboGen received a grant of $7,500,000 from the Israel Innovation Authority and Alex Katz.
- When was TurboGen founded and where is its headquarters located?
- TurboGen was founded in May 2014 and is headquartered in Petah Tikva, Israel.
- What is the total amount of funding TurboGen has raised to date?
- TurboGen has raised a total of $35,442,000 across various funding rounds.
Team · 13
Yaron Gilboa
CEO and President
Neta Zruya Hashai
Chief Financial Officer
Ziv Nir
Chief Operating Officer & Executive VP Business Development
Dov Friedman
Chief Strategic & Business Development Officer and Director
Dan Katz
Vice President of Manufacturing
Itzhak Natan Even Ari
Chairman of the Board
Ethy Levy
Director
Ziv Gafni
Director
David Deri
Director
Alex Katz
Director
Idan Ben-Shitrit
Independent Director
Eli Zooker
Independent Director
Eric Adams
Advisory Board Member
Sectors & technology
Primary sector
Energy Tech
Technologies
Target customers
Business model
B2B
Highlights
Climate TechPatents
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 | |
| X / Twitter | twitter.com/TurboGen4 |
Identifiers & details
| Legal name | TurboGen Ltd. |
|---|---|
| Founded | 2014-5 |
| Employees (exact) | 33 |
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 |