# Shanghai Yufeng Tunan Technology Development Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-yufeng-tunan-technology-development-co

- Industry: Aerospace
- Headquarters: Shanghai, China
- Latest round: Series A (Aug 24, 2026)
- Investors on record: 9

## About

Based in Shanghai, China and founded in 2024, Shanghai Yufeng Tunan Technology Development Co., Ltd. is an aerospace company specializing in developing launch vehicles. In August 2026, the company's assembly base located in Ningbo, China for reusable liquid propellant launch vehicles has been officially put in use.

In August 2026, Shanghai Yufeng Tunan Technology Development Co., Ltd. closed a round of Series A+ funding from Zhibo Investment and Hua Ventures.

Shanghai Yufeng Tunan Technology Development Co., Ltd. focuses on developing reusable liquid propellant launch vehicles. The company's first launch vehicle, "Yufeng-1", being 60 meters long and 3.8 meters in diameter, adopts sea-based landing and recovery method that allows for multiple recoveries and reuses of a single stage. The launch vehicle can be used to carry satellites into space.

The company generates revenue from developing and providing reusable liquid propellant launch vehicles.

The company will primarily use the Series A+ for the development of a full-scale experimental rocket, the construction of ground testing facilities, and the recruitment of key personnel. It aims to achieve an annual production capacity of 10 launches by 2030, steadily building a flight-based launch service system for "Yufeng-1".

## Funding rounds

- Series A, Aug 24, 2026 — Zhibo Investment, Hua Ventures
- Series A, Jun 29, 2026 — Haitong Innovation Capital Management, Casstar Capital, Caitong Capital, Gongqing Huadao Venture Capital, Tang Xing Capital, Trinity Capital
- Angel, Feb 26, 2026 — China Merchants Venture Investment Management, Caitong Capital

## Investors

- China Merchants Venture Investment Management (https://capitalatlas.ai/funds/china-merchants-venture-investment-management) — Angel
- Caitong Capital (https://capitalatlas.ai/funds/caitong-capital) — Angel, Series A
- Haitong Innovation Capital Management (https://capitalatlas.ai/funds/haitong-innovation-capital-management) — Series A
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series A
- Gongqing Huadao Venture Capital (https://capitalatlas.ai/funds/gongqing-huadao-venture-capital) — Series A
- Tang Xing Capital (https://capitalatlas.ai/funds/tang-xing-capital) — Series A
- Trinity Capital — Series A
- Zhibo Investment (https://capitalatlas.ai/funds/zhibo-investment) — Series A
- Hua Ventures (https://capitalatlas.ai/funds/hua-ventures) — Series A