Beijing Deep Space Matrix Technology Co., Ltd. has recently declared the successful closure of its angel round financing, raising funds amounting to hundreds of millions of yuan. This round was co-led by CDH Venture Growth Capital (CDH VGC) and Linge Venture Capital, with additional backing from several institutions in subsequent investments. The capital acquired in this financing round will be predominantly allocated towards the research and development of core technologies in space AI computing capabilities, the system engineering validation of the 'Star Ring Initiative,' and the strategic establishment of the industrial chain ecosystem. This marks a significant leap for the company, ushering it into a new era of expansive growth. Deep Space Matrix embraces a collaborative development approach, emphasizing holistic system design and the cultivation of core competencies. It leverages domestic commercial aerospace industry chain resources through joint research initiatives and open collaboration, aiming to expedite the development of the computing power constellation under the 'Starry Sky Initiative.' Company founder Zhang Weijie has been strategically positioning himself in the commercial aerospace sector for several years via the 'Tianwen Era Fund,' laying a robust groundwork for the company's ecosystem development. The technical team is helmed by an academician from the International Academy of Astronautics, with key members having contributed to significant national satellite projects, showcasing deep technical acumen.
Wang Lin, Managing Partner of CDH VGC, remarked that Deep Space Matrix's 'system + ecosystem' dual-wheel drive model closely resonates with their investment philosophy, positioning the company as a potential orchestrator of the entire space AI industry chain. This round of financing is set to facilitate the company's transition from the system design phase to the commercial closed-loop construction phase. It will collaborate with industry chain partners to co-create the fundamental components of a new generation of intelligent satellite constellations and establish a comprehensive space computing power infrastructure.
