# Edrive Space

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/edrive-space

- Industry: Aerospace
- Headquarters: Beijing, China
- Total disclosed funding: $29M
- Latest round: Series B (Feb 13, 2026)
- Investors on record: 13

## About

Based in Beijing, China and founded in 2020, Beijing Edrive Space Technology Co., Ltd., trading under the name Edrive Space, provides space propulsion systems for the commercial aerospace industry. The firm was established to address the critical power system needs of nano-satellites and CubeSats. The company currently provides high-reliability electric thrusters and attitude control systems to commercial satellite constellations and national space infrastructure projects, with over 170 propulsion systems already operating in orbit. The CEO/Founder is Shen Yan, who has extensive experience in space propulsion research and engineering. In February 2026, the company raised over CNY 100 million in a series B4 funding round.

The company works with satellite manufacturers and constellation operators to provide advanced space power solutions. Product offerings include electric propulsion systems , attitude and orbit control systems, and thruster components tailored for 10kg to 1000kg satellites, enabling rapid orbit insertion, orbit maintenance, and collision avoidance in low and very-low earth orbits.

The company generates revenue by developing spacecraft electric propulsion systems, attitude control systems and electromechanical products.

The company plans to use the series B4 funding to accelerate the mass production of its space propulsion systems and advance the research and development of core aerospace products. Management also intends to expand its professional talent team to support the rapid development of national space infrastructure and low-earth orbit satellite deployments.

## Funding rounds

- Series B, Feb 13, 2026, $14M — Broad Vision Funds
- Series B, Oct 31, 2025 — Shenzhen Capital Real Estate Fund
- Series B, Sep 30, 2024 — SND Ventures Group, China Capital Management, Shenzhen Guozhong Venture Capital, Jiupai Capital, Yuquan Capital
- Series B, Feb 28, 2024 — Shenzhen Capital Real Estate Fund
- Series B, May 29, 2023, $14M — Shenzhen HTI, Lenovo Capital and Incubator Group, CDH Baifu Capital, Hi-tech VC, Sichen Oriental Fund
- Angel, Dec 16, 2020 — Legend Star

## Investors

- Legend Star (https://capitalatlas.ai/funds/legend-star) — Angel
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series B
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series B
- CDH Baifu Capital (https://capitalatlas.ai/funds/cdh-baifu-capital) — Series B
- Hi-tech VC (https://capitalatlas.ai/funds/hi-tech-vc) — Series B
- Sichen Oriental Fund — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- SND Ventures Group (https://capitalatlas.ai/funds/snd-ventures-group) — Series B
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series B
- Shenzhen Guozhong Venture Capital (https://capitalatlas.ai/funds/shenzhen-guozhong-venture-capital) — Series B
- Jiupai Capital — Series B
- Yuquan Capital — Series B
- Broad Vision Funds (https://capitalatlas.ai/funds/broad-vision-funds) — Series B