China’s private rocket startup Galactic Energy bags over $154m in new rounds

China’s private rocket startup Galactic Energy bags over $154m in new rounds

Image Source: Galactic Energy's official WeChat account.

Galactic Energy, one of China’s major space firms, has secured 1.1 billion yuan ($154.2 million) in Series C and Series C+ rounds led by state-affiliated Ziyang Major Industry Equity Investment Fund. 

Edited by: Padma Priya