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Posted on: Aug. 13, 2018, 7:11 a.m.
Beijing-based OneSpace Technology, China’s first private rocket producer, has raised a RMB300 million (US$44 million) series B round led by CICC Jiatai Equity Funds, according to the company’s official announcement. FinTrek Capital and existing investors including China Merchants Venture Capital, Qianhai Wande Fund, Qianhai Wutong M&A Fund also participated in this round. Two months ago, OneSpace launched its first single-stage OS-X solid rocket, marking an important step in China’s nascent commercial space industry. Full investment news articleRelevent to this post: CICC Louisiana Economic Development,