# AstronStone

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/astronstone

- Industry: Aerospace
- Headquarters: Beijing, China
- Total disclosed funding: $74M
- Latest round: Series A (May 18, 2026)
- Investors on record: 17

## About

Based in Beijing, China, and founded in 2024, Beijing Yushi Space Technology Co., Ltd., trading as AstronStone, is a rocket developer, focusing on the development and manufacture of reusable liquid rockets. The founder as well as the CEO, Wenbo Tang, graduated from the School of Aeronautics and Astronautics, Tsinghua University. The CTO, Jichao Tian, graduated from the School of Aeronautics and Astronautics, Harbin Institute of Technology. In May 2026, AstronStone closed CNY 500 million in Series A funding co-led by  Gaorong Ventures, Kunlun, with participation from GL Ventures, CoStone Capital, Fibonacci VC, Zhisheng Ruiying, Xiamen C&D Emerging Industry Equity Investment, Blue Lake Capital, HighLight Capital, Orient Securities, Qlacier Capital, Zijin Mining, Zhentai Capital, and other investors.

The company mainly develops and manufactures liquid rockets with large carrying capacity and can be reused. Its core product, the AS-1 rocket, is currently in the production stage of the two-stage common bottom tank. AS-1 is a large-diameter liquid rocket with a diameter of 4.2 meters, a one-time carrying capacity of more than 15 tons and a recovery capacity of more than 10 tons.

AstronStone will use the Series A proceeds to accelerate development and industrialization of its reusable rocket platform, including assembly, testing, and validation of its chopstick-arm recovery technology. The funding also supports scaling manufacturing capacity and workforce expansion to enable initial flight and transition toward commercial launch operations in China’s growing satellite deployment market.

## Funding rounds

- Series A, May 18, 2026, $74M — Cornerstone Capital Holdings, Gaorong Ventures, HighLight Capital, Honghui Capital, Blue Lake Capital, Xiamen C&D Emerging Industry Equity Investment, Dongzheng Rongtong Investment Management, GL Ventures, Kunlun, Qlacier Capital, Orient Securities, Zijin Mining
- Angel, May 29, 2025 — Fibonacci VC, Huacang Capital, Kylinhall Partners
- Angel, Mar 3, 2025 — Innoangel Fund, Kylinhall Partners, Yingtan Aerospace

## Investors

- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- Kylinhall Partners (https://capitalatlas.ai/funds/kylinhall-partners) — Angel
- Yingtan Aerospace — Angel
- Fibonacci VC (https://capitalatlas.ai/funds/fibonacci-vc) — Angel
- Huacang Capital (https://capitalatlas.ai/funds/huacang-capital) — Angel
- Cornerstone Capital Holdings (https://capitalatlas.ai/funds/cornerstone-capital-holdings) — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series A
- HighLight Capital (https://capitalatlas.ai/funds/highlight-capital) — Series A
- Honghui Capital — Series A
- Blue Lake Capital (https://capitalatlas.ai/funds/blue-lake-capital) — Series A
- Xiamen C&D Emerging Industry Equity Investment (https://capitalatlas.ai/funds/xiamen-c-d-emerging-industry-equity-investment) — Series A
- Dongzheng Rongtong Investment Management (https://capitalatlas.ai/funds/dongzheng-rongtong-investment-management) — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A
- Kunlun (https://capitalatlas.ai/funds/kunlun) — Series A
- Qlacier Capital — Series A
- Orient Securities (https://capitalatlas.ai/funds/orient-securities) — Series A
- Zijin Mining (https://capitalatlas.ai/funds/zijin-mining) — Series A