iSpace
PrivateLast Round
Series D
Mar 11, 2025
Total Funding Raised
$369M
Momentum Score
25 /100
Company Overview
iSpace, legally known as Interstellar Glory Aerospace Technology Group Co., Ltd., is a Chinese private aerospace company founded in 2016 with headquarters in Beijing. The company's primary business is developing and providing commercial launch vehicles and launch solutions for satellites. iSpace made history in July 2019 by becoming the first private Chinese company to successfully launch a rocket, the Hyperbola-1, into orbit. The company is developing a series of launch vehicles, including the solid-fueled Hyperbola-1 and the reusable liquid-fueled Hyperbola-2 and Hyperbola-3 rockets. iSpace has secured significant funding from various investors to support its research and development efforts, including a notable Series B round of nearly 1.2 billion yuan in 2020 and a $99 million Series C in 2024. The company's mission is to provide efficient, high-quality, and cost-effective launch services to the global commercial space market.
Sector
Frontier & Industrial Tech
Verticals
Space Technology, Freight & Transportation
Business Model
B2B
Customer Profile
Services & Consulting, Government Contracts
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
iSpace Comps
Public and private peers based on sector, stage, and business model.
iSpace Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Mar 11, 2025 | ||||
| Series C | Sep 5, 2024 | ||||
| Series B | Aug 25, 2020 | ||||
| Series A Extension | Jan 3, 2019 | ||||
| Series A | Jul 1, 2018 |
iSpace Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| CDH Investments | Series B, Series A Extension |
| CITIC Securities | Series B |
| CITIC Juxin | Series A |
| China Merchants Securities | Series B |
| 星河资本 | Series B |
| Shunwei Capital | Series A |
| Beijing Financial Street Capital Operation Center | Series B |
iSpace Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about iSpace's valuation, stock price, and market status.
