# Galactic Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galactic-energy

- Industry: Aerospace
- Headquarters: Beijing, China
- Website: www.galactic-energy.cn
- Total disclosed funding: $721M
- Latest round: Series D (Jul 10, 2026)
- Investors on record: 39

## About

Based in Beijing, China and founded in 2018 by Baiqi Liu, Dongkun Xia, Galactic Energy Aerospace Technology Co., Ltd., dba Galactic Energy, is an aerospace company that focuses on commercial carrier rockets, providing light-year series solid propellant engines, welkin series liquid propellant engines, edge series attitude and orbital control systems, and relevant launch services. The team has 10-20 years of research and development experience in the space industry. 
In August 2026, Galactic Energy raised a strategic investment from Yinghe Jianguo (Beijing) Private Fund Management.

The company's products can be categorized into two different categories which are engine service and launching service. Products within include edge attitude and orbital control systems, welkin series liquid propellant engines, light years series solid propellant engines, and its two core commercial carrier rockets Ceres-1 and Pallas-1.

The firm generates revenue from commercial launch service contracts, satellite payload delivery, and possible technology partnerships or licensing agreements.

The strategic investment funds raised in this round of market-based fundraising will be primarily invested in the research and development of Galactic Energy's reusable liquid-propellant launch vehicles and the mass production and expansion of medium-sized solid-propellant launch vehicles, in order to accelerate the commercialization of the aerospace industry. Galactic Energy will continue to strengthen its two core businesses: first, accelerating the research and development and maiden flight test of the "Zhishenxing" reusable liquid-propellant launch vehicle, and overcoming core technologies for low-cost, large-scale network launches; second, expanding the Ceres-2 medium-sized solid-propellant rocket assembly line, and continuously increasing the number of launches per year.

## Funding rounds

- Series D, Jul 10, 2026 — Ningbo Marine Industry Fund Management, Gongkong Capital, Qingdao Guotou Capital Management, Zhongqing Capital
- Series D, Sep 28, 2025, $337M — Plum Ventures, China Capital Management, Shunxi Fund, Nanjing Innovation Capital Group, Zhongtai Capital, Bank of Communications Investment, Shandong Industrial Capital, Sichuan Cooperation Renewal Capital, Boc Private Equity Firm
- Series C, Sep 1, 2023, $152M — Founder H Fund, Bengbu Zhongcheng Venture Capital, Hebei Lingkong Group Co., Ltd., Ziyang Jintuo Enterprise Management
- Series B, Jan 24, 2022, $200M — Avic Yufeng Fund Management, Oriental Fortune Capital, Chengdu Jinkong Finance Development Fund, Plum Ventures, Yunding Capital, Essential Capital, Huaqiang Capital, Zhongtian Fortune, Zhidao Capital, Zhejiang Dahua Investment Development, China Veterans Investment, Tianhong Investment, Mai Qiu Gu Yu, Hexin Fangce Investment, Yangwang Xingkong, Tianqiong Xuanji, Taicang Hongli, Jiangnan Construction Investment, Ruiming Industrial Investment, Jiusong Heze Investment
- Series A, Nov 3, 2020, $30M — QF Capital, Essential Capital, Huaqiang Capital, Dawu Venture
- Angel, Oct 10, 2018, $2.9M — Fenghou Capital, Essential Capital

## Investors

- Fenghou Capital (https://capitalatlas.ai/funds/fenghou-capital) — Angel
- Essential Capital — Angel, Series A, Series B
- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Series A
- Huaqiang Capital (https://capitalatlas.ai/funds/huaqiang-capital) — Series A, Series B
- Dawu Venture — Series A
- Avic Yufeng Fund Management (https://capitalatlas.ai/funds/avic-yufeng-fund-management) — Series B
- Oriental Fortune Capital (https://capitalatlas.ai/funds/oriental-fortune-capital) — Series B
- Chengdu Jinkong Finance Development Fund (https://capitalatlas.ai/funds/chengdu-jinkong-finance-development-fund) — Series B
- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Series B, Series D
- Yunding Capital (https://capitalatlas.ai/funds/yunding-capital) — Series B
- Zhongtian Fortune (https://capitalatlas.ai/funds/zhongtian-fortune) — Series B
- Zhidao Capital (https://capitalatlas.ai/funds/zhidao-capital) — Series B
- Zhejiang Dahua Investment Development — Series B
- China Veterans Investment — Series B
- Tianhong Investment (https://capitalatlas.ai/funds/tianhong-investment) — Series B
- Mai Qiu Gu Yu — Series B
- Hexin Fangce Investment — Series B
- Yangwang Xingkong — Series B
- Tianqiong Xuanji — Series B
- Taicang Hongli — Series B
- Jiangnan Construction Investment — Series B
- Ruiming Industrial Investment — Series B
- Jiusong Heze Investment — Series B
- Founder H Fund (https://capitalatlas.ai/funds/founder-h-fund) — Series C
- Bengbu Zhongcheng Venture Capital (https://capitalatlas.ai/funds/bengbu-zhongcheng-venture-capital) — Series C
- Hebei Lingkong Group Co., Ltd. — Series C
- Ziyang Jintuo Enterprise Management — Series C
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series D
- Shunxi Fund (https://capitalatlas.ai/funds/shunxi-fund) — Series D
- Nanjing Innovation Capital Group — Series D
- Zhongtai Capital (https://capitalatlas.ai/funds/zhongtai-capital) — Series D
- Bank of Communications Investment (https://capitalatlas.ai/funds/bank-of-communications-investment) — Series D
- Shandong Industrial Capital (https://capitalatlas.ai/funds/shandong-industrial-capital) — Series D
- Sichuan Cooperation Renewal Capital (https://capitalatlas.ai/funds/sichuan-cooperation-renewal-capital) — Series D
- Boc Private Equity Firm (https://capitalatlas.ai/funds/boc-private-equity-firm) — Series D
- Ningbo Marine Industry Fund Management (https://capitalatlas.ai/funds/ningbo-marine-industry-fund-management) — Series D
- Gongkong Capital (https://capitalatlas.ai/funds/gongkong-capital) — Series D
- Qingdao Guotou Capital Management — Series D
- Zhongqing Capital (https://capitalatlas.ai/funds/zhongqing-capital) — Series D