Sunday, August 9, 2026
Orienspace closes pre-C round, begins IPO coaching for STAR listing
Orienspace closed a pre-C funding round worth several hundred million yuan on August 5, with investors including Vertex Capital, Shanghai STVC, AVIC Honghua and Yuanyou Ruize, and began IPO coaching procedures toward a planned Shanghai STAR Market listing. The capital funds continued development of Gravity-2, a roughly 70-meter reusable kerosene-liquid oxygen rocket that Orienspace is now targeting for a fourth-quarter 2026 debut.