# Expace Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/expace-technology-co

- Industry: Aerospace
- Headquarters: Wuhan, China
- Total disclosed funding: $182M
- Latest round: Series A (Dec 18, 2017)
- Investors on record: 7

## About

Based in Wuhan, China and founded in 2016, Expace Technology Co., Ltd. is a specialized commercial rocket company, focusing on conducting research and development and applications. It is the first commercial space company under China Aerospace Sanjiang Group Co., Ltd. In April 2017, the rocket company signed another contract for the "Four Arrows, Four Stars" launch service. In April 2022, the company raised an undisclosed amount in strategy investment from new investor Chengye Investment.

The main businesses of the company are commercial launch and launch services, space information industry utilization, and commercial space industry investment and financing, providing commercial space launch services to domestic and international customers.

The company will accelerate the layout of investment in high-quality assets and industries, and gradually expand business fields and extend business chains. The future business scope will also be expanded to satellite applications, spacecraft launches, deep space exploration and other fields.

## Funding rounds

- Series A, Dec 18, 2017, $182M — FR Capital, Shenzhen Capital Real Estate Fund, China National Venture Capital Investment, Wealth Venture Capital, ZUIG Investment, CRRC Guochuang Capital Management, Changjiang Aerospace Industry Fund

## Investors

- FR Capital (https://capitalatlas.ai/funds/fr-capital) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- China National Venture Capital Investment — Series A
- Wealth Venture Capital (https://capitalatlas.ai/funds/wealth-venture-capital) — Series A
- ZUIG Investment (https://capitalatlas.ai/funds/zuig-investment) — Series A
- CRRC Guochuang Capital Management (https://capitalatlas.ai/funds/crrc-guochuang-capital-management) — Series A
- Changjiang Aerospace Industry Fund (https://capitalatlas.ai/funds/changjiang-aerospace-industry-fund) — Series A