# Hefei SparkSpace Technology Co.

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

- Industry: Aerospace
- Headquarters: Hefei, China
- Total disclosed funding: $22M
- Latest round: Angel (Feb 14, 2026)
- Investors on record: 5

## About

Based in Hefei, China and founded in 2024, Hefei SparkSpace Technology Co., Ltd. was founded to pursue a differentiated electric pump cycle propulsion path compared to conventional gas generator or staged combustion rockets. Its flagship vehicle, the “Evolution-1”, is a liquid launch rocket with a 90-ton liftoff thrust powered by nine 10-ton electric cycle engines, making it China’s first and the world’s largest electrically pumped liquid rocket. In June 2026, the company closed a pre-series A funding from Cathay Capital.

Hefei SparkSpace Technology Co., Ltd. develops the “Evolution-1” rocket, designed for low-cost, high-frequency and rapid-response small satellite launches. The company is also engaged in R&D of electrically pumped liquid rocket engines and related aerospace vehicles, with potential applications in satellite networking, scientific payload delivery and hypersonic flight testing.

The company generates revenue through launch services for commercial satellite operators, research institutions and government clients.

The company will use the latest funding to accelerate its development and maiden flight of the "Evolution-1" electro-cyclic liquid propellant launch vehicle.

## Funding rounds

- Angel, Feb 14, 2026, $14M — PreIPO Capital Partners, Xingtai Capital, Shanghai Jinsha Capital
- Angel, Sep 17, 2025, $7.7M — Anhui Guoyao Venture Capital Management, Hefei State-Owned Assets Holding, Shanghai Jinsha Capital

## Investors

- Anhui Guoyao Venture Capital Management (https://capitalatlas.ai/funds/anhui-guoyao-venture-capital-management) — Angel
- Hefei State-Owned Assets Holding (https://capitalatlas.ai/funds/hefei-state-owned-assets-holding) — Angel
- Shanghai Jinsha Capital (https://capitalatlas.ai/funds/shanghai-jinsha-capital) — Angel
- PreIPO Capital Partners (https://capitalatlas.ai/funds/preipo-capital-partners) — Angel
- Xingtai Capital (https://capitalatlas.ai/funds/xingtai-capital) — Angel