# Yuanxin Satellite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yuanxin-satellite

- Industry: Telecoms
- Headquarters: Shanghai, China
- Total disclosed funding: $932M
- Latest round: Series A (Feb 1, 2024)
- Investors on record: 14

## About

Based in Shanghai, China, and founded in 2018, Shanghai Yuanxin Satellite Technology Co., Ltd., trading as Yuanxin Satellite, is a satellite network operator that deploys and operates LEO satellite constellations through an international and commercial model, providing global customers with high-bandwidth, low-latency, high-quality, high-security, and globally covered LEO satellite internet services and industry solutions. It was founded by Shanghai Alliance Investment. In August 2026, Yuanxin Satellite raised CNY 6.976 billion in venture funding from GTJA Innovation Investment, Shanghai Lakeside International Equity Investment Management, Shanghai Pianxuan Private Equity Fund Management Co., Ltd, Shanghai Alliance Investment, Hengxu Capital, Asiainfo Security Technologies Co.,Ltd., Casstar Capital, Zhenghe Island, Gaoyuan Investment, Xin Ding Capital, FR Capital, SIMIC Capital, Simic Group, SIMIC Capital, with participation from CCT Fund Management and other investors.

Yuanxin Satellite mainly engages in the operation of low-orbit satellite constellations, the investment in the satellite industry, and the operation of satellite networks. It provides services including broadband access communications, real-time navigation information, real-time remote sensing, and other integrated business services.

The company generates revenue by delivering global low-earth-orbit satellite internet services, broadband connectivity, satellite communications, and integrated space-based network solutions.

The funding raised in August 2026 will be used to support the construction and deployment of the Qianfan satellite constellation, accelerate the development of low-earth-orbit satellite internet infrastructure, and expand the company's satellite network operating capabilities.

## Funding rounds

- Series A, Feb 1, 2024, $932M — Shanghai Alliance Investment, Haitong Leading Private Equity Fund Management, GTJA Innovation Investment, Xin Ding Capital, Casstar Capital, FR Capital, Zhenghe Island, China Development Bank Capital, Hengxu Capital, Shanghai Guosheng Capital Management, Asiainfo Security Technologies Co.,Ltd., CAS Capital, Shanghai Lakeside International Equity Investment Management, GY Capital

## Investors

- Shanghai Alliance Investment — Series A
- Haitong Leading Private Equity Fund Management (https://capitalatlas.ai/funds/haitong-leading-private-equity-fund-management) — Series A
- GTJA Innovation Investment (https://capitalatlas.ai/funds/gtja-innovation-investment) — Series A
- Xin Ding Capital (https://capitalatlas.ai/funds/xin-ding-capital) — Series A
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series A
- FR Capital (https://capitalatlas.ai/funds/fr-capital) — Series A
- Zhenghe Island (https://capitalatlas.ai/funds/zhenghe-island) — Series A
- China Development Bank Capital — Series A
- Hengxu Capital (https://capitalatlas.ai/funds/hengxu-capital) — Series A
- Shanghai Guosheng Capital Management (https://capitalatlas.ai/funds/shanghai-guosheng-capital-management) — Series A
- Asiainfo Security Technologies Co.,Ltd. — Series A
- CAS Capital — Series A
- Shanghai Lakeside International Equity Investment Management — Series A
- GY Capital — Series A