Deep Blue Aerospace closes B6 and B7 rounds near RMB 2 billion

Jiangsu Deep Blue Aerospace said on September 24 it had completed two financing rounds totaling nearly 20 billion yuan. Securities Times identified the rounds as B6 and B7 and listed returning shareholders including Wuxi High-tech Zone Investment Holding Group, Zhuoyuan Capital and Zhengyue Investment, alongside Addor Capital, Oceanpine, listed Boton Technology, Hongrun Construction and Youluoka. China Securities Journal reported the same company disclosure and said proceeds will fund Nebula-1 work and deeper development of the larger Nebula-2 reusable rocket. The company did not publish an exact combined figure, a post-money valuation, or a new Nebula-1 flight date.