GS-TEC, a pioneering manufacturer of thermoelectric semiconductor materials and devices, has successfully concluded its Series A funding round, raising approximately 100 million yuan. This round was spearheaded by Daohe Long-term Investment and Gezhi Capital, with additional support from Zhongke Chuangxing and Liyang Venture Capital. The procured funds will be strategically allocated towards the establishment of a mass production line for Micro TEC and the enhancement of the comprehensive equipment system. Leveraging its core competencies, including compact size, extended service life, and precise temperature regulation, GS-TEC has successfully ventured into commercial applications in the automotive and medical sectors. Its products have been integrated into the supply chains of reputable OEMs such as Geely, Leap Motor, Hongqi, and GAC, as well as pivotal medical devices like PCR testers.
