# Space Engine

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

- Industry: Aerospace
- Headquarters: Ningbo, China
- Total disclosed funding: $14M
- Latest round: Series C (Sep 11, 2025)
- Investors on record: 5

## About

Founded in 2018 and based in Ningbo, China, Space Engine operates as an aerospace power technology developer, specializing in aerospace equipment. It has acquired 12 invention patents. Some institutes, such as Aerospace Power Technology Research Institute and Shanghai Academy of Spaceflight Technology, have cooperated with the company. In September 2025, Space Engine raised approximately CNY 100 million in Series C+ funding from new investor Puhua Capital. 

Space Engine specializes in the development and manufacture of solid launch vehicles, rocket motors and aerospace components. Its main product directions include three major segments which are aerospace solid transportation, aerospace power system and aerospace manufacturing. Solid rocket motors are mainly divided into cases, ignition devices, combustion chambers and nozzles. The solid rocket motors manufactured by the company can be used in missile weapons, rockets, space transportation, etc. The company has developed approximately 60 rocket engines.

The company generates revenue primarily through the design, development, and manufacturing of solid launch vehicles, rocket motors, and aerospace components. The company’s income is derived from supplying propulsion systems and related aerospace equipment to institutional clients, research institutes, and aerospace enterprises. Revenue also comes from technical services and collaborative development projects in the aerospace sector.

The funding raised in September 2025 will mainly be used for the company's capacity expansion and the construction of the country's first automated production line for rocket engine structural parts.

## Funding rounds

- Series C, Sep 11, 2025, $14M — Puhua Capital
- Series C, Dec 29, 2023 — Yangtze River Industry Fund, Western Capital Management, G-Infintie Investment, Kunshan Yuqiaohe Investment Management

## Investors

- Yangtze River Industry Fund (https://capitalatlas.ai/funds/yangtze-river-industry-fund) — Series C
- Western Capital Management (https://capitalatlas.ai/funds/western-capital-management) — Series C
- G-Infintie Investment (https://capitalatlas.ai/funds/g-infintie-investment) — Series C
- Kunshan Yuqiaohe Investment Management — Series C
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series C