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Access here alternative investment news about Chinese Private Rocket Producer Onespace Raises $44M Series B Round – China Money Network
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Chinese Private Rocket Producer Onespace Raises $44M Series B Round – China Money Network

by chinamoneynetwork.com posted 1month ago 11 views
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.