Defense & aerospace
Boyu leads Series C for China's Space Pioneer
Boyu Capital has led a Series C round amounting to several hundred million renminbi for Space Pioneer, a China-based aerospace company. CICC Capital and Youshan Capital also participated.
China satellite developer Minospace raises $60m
Beijing-based satellite developer Minospace has raised nearly CNY400m (USD 59.6m) across a Series B round and a Series B extension.
Japan rocket start-up Interstellar gets $29m Series D
Interstellar Technologies, which in 2017 became the first Japanese company to launch a privately developed space rocket and is currently working on solutions for sending small satellites into orbit, has raised JPY 3.8bn (USD 29.6m) in Series D funding.
China satellite player Galaxy Space achieves unicorn status
Galaxy Space, a China-based satellite developer, has raised a new funding round led by CCB International at a post-investment valuation of CNY 11bn (USD 1.6bn).
China rocket developer Orienspace raises $60m
Chinese rocket developer Orienspace has raised a CNY400m (USD 60m) Series A round led by HikeCapital.
China's Chang Guang Satellite raises $376m
Chang Guang Satellite Technology, a China-based commercial satellite developer, has raised RMB2.46 billion ($376 million) in pre-IPO funding. It is the largest-ever funding round in China’s commercial aerospace industry.
China's LandSpace raises $175m Series C
Chinese commercial rocket developer LandSpace has raised RMB1.2 billion ($175 million) in a Series C extension co-led by Sequoia Capital China, the VC arm of property developer Country Garden, Matrix Partners China and Co-Stone Capital.
Chinese rocket developer i-Space raises $173m
Chinese commercial rocket developer i-Space - also known as Interstellar Glory Space - has raised a RMB1.2 billion ($173 million) Series B round led by State-owned Beijing Financial Street Capital Operation Center.
China space tech: Aligning the stars
SpaceX-inspired global fervor about the possibilities of space technology has infiltrated China. Some start-ups appear well set for commercial lift-off, but many others will misfire
CPE adds to Australian defense, aerospace assets
CPE Capital – formerly known as CHAMP Private Equity – has secured its second Australian defense sector deal in eight months with an agreement to buy Levett Engineering.
Japanese space robot developer gets Series A round
Gitai, a Japanese start-up that is developing robots that can replace astronauts on low-orbit space missions, has raised $4.1 million in Series A funding.
CHAMP PE buys Australian defense sector supplier
CHAMP Private Equity is set to become the first Australian GP to invest in a company with significant exposure to the local defense sector, following an agreement to acquire a majority stake in Marand Precision Engineering.
NewMargin Ventures launches $1.5b RMB fund
Shanghai-based NewMargin Ventures is looking to raise up to RMB10 billion ($1.5 billion) for a renminbi-denominated fund that will focus on the defense sector.
Chinese satellite developer receives $37m angel round
Chang Guang Satellite Technology, a China-based commercial satellite developer, has raised RMB250 million ($37 million) in angel funding, underlining growing investor interest in space-related technology.
Rohatyn-backed Sansera files for India IPO
Indian automotive and aerospace parts manufacturer Sansera Engineering has filed for an IPO that will provide a partial exit for its private equity backer The Rohatyn Group (TRG).
STIC-led group preferred bidder for Korean weapons manufacturer
A consortium formed by South Korean private equity firm STIC Investments and brokerage Hana Daetoo Securities has been selected as the preferred bidder for a stake in South Korea's LIG Nex1. The weapons manufacturer is offloading a 49% interest worth...
Opportunities abound in aerospace and defense - study
Private equity investment opportunities abound in Asia Pacific’s aerospace and defense industries, according to analysis by research and consulting firm Frost & Sullivan.
India’s Maini Global Aerospace gets $10m in PE funding
Maini Global Aerospace (MGA) has received a $10 million investment from a foreign private equity fund. The Indian company will use the funding to build a new factory and is already looking for an additional $50 million to further expand its capacity.