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China

AstronStone

RMB 500.0M Series A

Summary

AstronStone raised RMB 500 million in a Series A round co-led by Gaorong Ventures and Kunlun Capital. The funds will support rocket assembly, reusable recovery technology validation, production capacity expansion, and team building. AstronStone is a commercial space company.

Investors

Gaorong Ventures, Kunlun Capital, C&D Emerging Industry Equity Investment, Blue Lake Capital, Highlight Capital, Orient Securities, Zhentai Capital, Glacier Capital China, GL Ventures, Shenzhen Co-Stone Asset Management, Fibonacci VC, Zhisheng Ruiying