# Astro Air Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/astro-air-co

- Industry: Transportation Services
- Headquarters: Shenzhen, China
- Website: www.astroairgroup.com
- Total disclosed funding: $11M
- Latest round: Series B (Jan 11, 2021)
- Investors on record: 5

## About

Based in Shenzhen, China and founded in 2012, Astro Air Co., Ltd. is a diversified corporate and general airline company providing aircraft trading, charter flights, hosting, low-altitude business and infrastructure. In January 2021, Astro Air Co., Ltd. raised CNY 70 million in a Series B funding led by Fortune Capital, with participation from Ming Capital, Shenzhen Rongtong Capital Management, Yifang Investment, and an individual investor. As of January 2021, the company has raised a total of USD 10.8 million. 

Astro Air offers aircraft hosting, aircraft sales, commercial charter flights, medical transshipment, aviation infrastructure operation and construction, and aviation training. The company’s fleet comprises bombardier challenger 850, Gulfstream G200, Gulfstream G450, Hawker HK900, Robinson R44, Sirie SR20 and multiple helicopter fleet, with models such as the AW139, EC135 and E145.

Astro Air plans to complete an A-share IPO listing around 2023. The company also plans to maintain the development of its subsidiaries and become a diversified holding company by utilizing co-founder regulations to activate the driving force for capacity. Additionally, the company is planning to speed up its business patterns with the synergy operation regarding Professional Service providers and PSP, infrastructure networks and infrastructure.

## Funding rounds

- Series B, Jan 11, 2021, $11M — Fortune Capital, Shenzhen Rongtong Capital Management, Ming Capital, Yifang Investment
- Series A, Apr 18, 2016 — Hangzhou Hurun Handing Investment Management, Yifang Investment

## Investors

- Hangzhou Hurun Handing Investment Management — Series A
- Yifang Investment (https://capitalatlas.ai/funds/yifang-investment) — Series A, Series B
- Fortune Capital — Series B
- Shenzhen Rongtong Capital Management — Series B
- Ming Capital — Series B