Commsat, a Chinese commercial satellite company, has raised RMB270 million (US$38.05 million) in series B round of financing, led by Beijing Wealth Capital and an industry investment fund of AVIC Capital. Proceeds of the new round will be used to build Internet satellite platforms and automation production lines in Tangshan and Yibin city respectively, while […]
Chinese Commercial Satellite Startup Commsat Secures $38M In Series B Round comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.