Recently, Beijing Chuan Yue Zhe Manned Spaceflight Technology Co., Ltd. unveiled the successful closure of its Pre-A round funding, amassing an impressive sum in the hundreds of millions of yuan. This significant financing round was spearheaded by a prominent internet strategic investment firm, with additional support from industrial investors, including the publicly listed Toread Group, acting as co-investors. Longstanding shareholders Zhongtian Huifu and Binfu Capital further demonstrated their confidence by ramping up their stakes, while Lighthouse Capital played a pivotal role as the exclusive financial advisor. The infusion of capital will be predominantly earmarked for advancing the research and development endeavors surrounding the core systems of the 'Chuan Yue Zhe No.1 (CYZ1)' manned spacecraft, conducting comprehensive ground tests, and tackling critical technical hurdles.
