COMPANY PROFILE

Qianfan

Led by Shanghai Spacecom Satellite Technology, with support from the Chinese government and the Chinese Academy of Sciences, is pioneering China's future in satellite connectivity and global internet…

Huangpu, ChinaFounded 2018Space

Valuation $5–10B Last recorded · 2026

Total funding $500M–1B Disclosed equity funding

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At a glance

Status: Operational
Founded: 2018
Headquarters: Huangpu, China
Open positions: None listed
Dealroom signal: 0.0/100
Industry: Telecom
Sector: Space, Aerospace, Space Tech, Satellites, Internet Satellites, Communication and Connectivity Satellites, Space Tech for Security and Safety, Space Upstream, DT and LS
Technology: Hardware, Deep Tech
Business model: Manufacturing
Client focus: b2b, b2c

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VC✓Equity / VC	Aug 2026	$959M	$6.9B	Chinese Academy Of Sciences · Shanghai Alliance Investment · Shanghai Tongjiang Investment Holdings Co., Ltd. · China Development Bank	↗

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