Shenlan Space completes two financing rounds totaling nearly 2 billion yuan
According to 36Kr, Shenlan Space has completed two financing rounds totaling nearly 2 billion yuan, with investors including local state-owned enterprises and a range of investment institutions. The funds will support development and commercialization of the two reusable-reentry orbital rocket families, as well as scale-up of engine production capacity and related ground facilities, and key talent recruitment.
Key facts
- 01Investors include Wuxi National High-tech Zone Investment Group, Xichuangtou, Yida Capital, Haisong Capital, Shanghai Free Trade Zone Fund, Zhuoyuan Capital, Wanshi Capital, Huafu Capital, Baotong Technology, Hongrun Construction, and Youluoka.
- 02Funds will be directed to the R&D and commercialization of Shenlan Space's two reusable-reentry orbital rocket families, and to scale-up of engine production capacity and ground testing facilities.
- 03The rounds aim to significantly advance talent recruitment for the company.
- 04The financing involves local state-owned capital and multiple investment institutions.
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- “深蓝航天”完成两轮融资，总规模近20亿元 · 36氪