Country Garden Venture Capital led a round that will support the development and launch of 36Kr and Goldwind-backed LandSpace's next rocket model.
LandSpace, a China-based space rocket manufacturer backed by wind turbine manufacturer Goldwind and media company 36Kr, secured RMB500m ($71m) in series C funding yesterday.
The round was led by Country Garden Venture Capital, a venture capital arm of property development group Country Garden, and it increased the company’s funding to approximately $200m altogether.
Founded in 2015, LandSpace develops and launches rockets into space on behalf of commercial clients. Its technology utilises liquid oxygen methane and it signed a rideshare launch…
