Chinese Aerospace Firm Rocket Pi Bags Tens of Millions of Yuan in Pre-A Financing

(Source: Pexels)

Chinese startup Rocket Pi has secured tens of millions of yuan in pre-A round financing, led by Huagai Capital and followed by several famous angel investors in the hard technology field. The funds will be used for R&D and manufacturing of the firm’s first satellite and rocket.

Public information shows that Rocket Pi has built a “space bi…