Chinese space startup LandSpace snags $43m Series B+

Chinese space startup LandSpace snags $43m Series B+

Photo: Bill Jelen/Unsplash

Chinese commercial space launch startup LandSpace has raised RMB300 million ($43 million) in a Series B+ round led by China Growth Capital, it said in an announcement on November 20.

Other investors who participated in the round include China Zhongji Investment, Juzhuo Capital, and the VC fund of Chinese media platform 36kr. The startup’s existing investors such as Hong Kong-listed Chinese wind turbine technology and energy solutions provider Goldwind, Chuangxiang Angel and Chung Tin Group Holdings also joined the round.

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