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Guoyu Xingchen Completes Nearly RMB 100 Million Series A Financing
3 reports · 3 sources
Guoyu Xingchen (Shanghai) Aerospace Technology Co., Ltd. has completed a Series A financing round of nearly RMB 100 million, jointly invested by Yijing Capital, Fosun Chuangfu, and Luyao Capital. Shangqi Capital stated that this round of funds will be invested in the construction of space robot clusters and commercial market expansion; the company had previously completed three financing rounds, with investors including Oriza Origin, Houxue Capital, and Shangqi Capital. Founded in 2022, Guoyu Xingchen focuses on on-orbit servicing, on-orbit assembly, space manufacturing, and deep space development. Its verification satellite "Xingjiyuan-1" was launched on May 21, 2025, at the Jiuquan Satellite Launch Center; Shangqi Capital stated that it has been operating stably in orbit for over 15 months, completing technical drills such as combined-power orbital rendezvous maneuvers and non-cooperative target identification, and stated that the cumulative value of orders on hand has reached RMB 100 million. Xingjiyuan-2 is planned to complete its in-orbit operation in early 2027 and will add a self-developed seven-degree-of-freedom robotic arm for in-orbit verification.
Report timeline
- Guoyu Xingchen Completes Nearly 100 Million Yuan Series A Financing, Jointly Invested by Yijing Capital, Fosun Chuangfu and Luyao Capital
Recently, Guoyu Xingchen completed a nearly 100 million yuan Series A financing round, jointly invested by Yijing Capital, Fosun Chuangfu and Luyao Capital. The raised funds will be invested in the construction of a space robot cluster and commercial market expansion. Prior to this round, the company had received investment from Shangqi Capital, Houxue Capital and Yuanhe Yuandian, and its cumulative order contracts on hand reached 100 million yuan. In May 2025, its self-developed Xingjiyuan-1 was launched in Jiuquan, becoming China's first space robot spacecraft to complete on-orbit mission verification, and has been operating stably in orbit for over 15 months; Xingjiyuan-2 is expected to complete its orbital insertion operation in early 2027.
维科网机器人 · 微信公众号 ·
- Guoyu Xingchen Completes Nearly 100 Million Yuan Series A Financing to Build Space Robot Clusters
Guoyu Xingchen recently completed a nearly 100 million yuan Series A financing round, jointly invested by Yijing Capital, Fosun Chuangfu, and Luyao Capital. The funds will be used for space robot cluster development and commercial market expansion. The company's self-developed Xingjiyuan-1 was launched on May 21, 2025, at the Jiuquan Satellite Launch Center and has operated stably in orbit for over 15 months, completing key technical drills including combined-power orbital rendezvous maneuvers, non-cooperative target identification, and space situational awareness. Its order backlog totals 100 million yuan, and Xingjiyuan-2 is expected to complete its orbital insertion operation in early 2027.
尚颀资本 · 微信公众号 ·
- Guoyu Xingchen Completes Nearly RMB 100 Million Series A Financing to Advance In-Orbit Space Robot Services
36Kr has learned that Guoyu Xingchen (Shanghai) Aerospace Technology Co., Ltd. has completed a Series A financing round of nearly RMB 100 million, jointly invested by Yijing Capital, Fosun Chuangfu, and Luyao Capital, after three previous financing rounds. Founded in 2022, the company focuses on in-orbit services, in-orbit assembly, space manufacturing, and deep space development. Its self-developed space robot consists of four parts: body, perception, brain, and execution. On May 21 last year, its verification satellite "Xingjiyuan-1" was successfully launched from the Jiuquan Satellite Launch Center and has been in orbit for more than a year; Xingjiyuan-2 is planned for launch in the first quarter of 2027 and will add a self-developed seven-degree-of-freedom robotic arm for in-orbit verification.
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