"Spark Space" has recently announced the successful completion of its angel round financing, raising an impressive RMB 55 million. This funding round was co-led by Jinsha Capital and Hefei Industrial Investment Capital, with additional participation from Hefei Industrial Investment Venture Capital Fund and Hefei Angel Investment Fund. Prior to this, the company had already garnered a seed round financing exceeding RMB 10 million. Cumulatively, Spark Space's total financing has now approached nearly RMB 100 million. Established in May 2024, Spark Space is fully committed to the cutting-edge fields of research, development, and production of electrically cycled liquid rocket engines as well as carrier rockets.