Guoke Superconductor has completed a financing of over 100 million yuan.

36Kr learned that Guoke Superconducting recently completed a new round of financing worth over 100 million yuan. This round of financing was led by Guoke Venture Capital, with continuous additional investment from existing shareholders including Zhongguancun Capital, Shunxi Fund, Dingfeng, and Shuihua Tsinghua Alumni Seed Fund. Multiple other institutions including Dongheng Petroleum, Beijing Science and Technology Innovation Yizhuang Direct Investment Fund, Orient Securities, Zhongke Shenguang, Zhongying Venture Capital and Nazhen Investment also participated in the financing. The funds from this round will be mainly used for performance R&D breakthroughs of iron-based high-temperature superconducting materials, pilot production line construction and capacity ramp-up, verification and expansion of downstream application scenarios, as well as the recruitment and cultivation of core position talent echelons.