Galactic Energy Secures the Largest Single Funding Round Among China's Private Rocket Firms
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Author:小编   

On September 28, Galactic Energy revealed that it had successfully closed a Series D funding round, amassing a total of RMB 2.4 billion. The roster of investors in this round encompasses the Beijing Commercial Spaceflight and Low-Altitude Economy Industry Investment Fund, the Nanjing Innovation Investment Group, along with multiple investment platforms from various levels within Nanjing's Luhe District. Additionally, it includes the Sichuan Manufacturing Synergy Fund, the Sichuan Regional Synergy Fund, and the Sichuan Achievement Transformation Fund, all under the umbrella of the Sichuan Industrial Revitalization Fund Investment Group. Further investors are the Jinan Zhongtai Transportation Industry Fund, the Jiaorong Junhong Phase V Nanjing Fund, the Yizhuang Zhongying Fuyao Fund, the Chizhou Meiling Chixiang Fund, and the Hainan Hecheng Aerospace Fund, among others. Based on publicly accessible data, this funding round stands as the second-largest single investment in China's commercial spaceflight industry, trailing only behind GeeSpace's RMB 6.7 billion funding secured in 2024. Moreover, it sets a new record as the highest single funding amount raised by any domestic private rocket company to date.