China-based Haier Group has provided $100m of series B funding for Cloud Constellation, the creator of a space-based cloud storage network.
Cloud Constellation, the US-headquartered developer of a space-based data storage system, has received $100m of series B funding from consumer electronics manufacturer Haier.
Haier made the investment through its incubation platform, HCH Group. Cloud Constellation has not revealed a targeted close for the series B round or whether it plans to raise any additional capital before a final close.
Founded in 2015, Cloud Constellation is developing a space-based data network and cloud data storage service dubbed Spacebelt which will use…