iSpace has Completed Its Series B Financing of CNY 1.6 Billion
iSpace has recently got CNY 1.6 billion for its series B financing, a spaceflight’s highest record. This fundraising was composed of Zhongxin Securities (中信证券), Sequoia Capital (红杉资本), Zhaoshang Securities (招商证券) and Kailian Capital (凯联资本). Moreover, the firm would utilize these capitals to study carrier rackets and train talents.
According to iSpace, it would keep conducting R&D in the carrier rocket, focusing on its technological route from small to bigger.
This text is a result of machine translation.
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