Nxrobo participated in a $14.4m round for satellite services provider MinoSpace, whose early investors include Yongxin and China Aerospace Science and Industry Corporation.

China-based satellite launch services provider MinoSpace has raised RMB100m ($14.4m) in series A2 funding from investors including family robot developer Nxrobo, Space News has reported.

Private equity firm Billionhome Capital led the round, which came after an eight-figure series A-plus round featuring Nxrobo, packaging manufacturer Yongxin Group’s Kexin Capital unit, CAS Star, Shenzhen Capital Group and Yonghua Capital in September 2019.

MinoSpace has so far launched a total of four satellites across the cities of Jiuquan and Taiyuan and the…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.