China VC Weekly: Space, Autonomous Driving and Robots


Source: pandaily.com pandaily.com

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Private space launch firm LandSpace bags $172 million Beijing-based private space launch company, LandSpace, announced on Sept. 9 the completion of its C+ round of financing, worth nearly 1.2 billion yuan ($172 million) with an accumulated financing amount of more than 1.8 billion yuan over the past year’s fundraising rounds. This recent round of financing was led by Sequoia Capital, Country Garden Holdings, MatrixPartners China and Cornerstone Capital, with participation from National Enterprise Development Fund, Huzhou Saiyuan Government Fund, Lightspeed China, Cedarlake Capital, Lakeshores International, Sunac China Holdings, Noah Holdings, and Yanfu Investment, in addition to old shareholders LuXin Venture...