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Space Engine

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Aerospace power technology, launch vehicles, and systems

Ningbo, ChinaFounded 2018Space
Valuation $50–100M Last recorded · 2025
Total funding $10–50M Disclosed equity funding
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About Space Engine

Developer and manufacturer of aerospace power technology, launch vehicles, and aerospace systems, Space Engine was founded in 2018 and is headquartered in Ningbo, China. The company's focus is on aerospace transportation rocket engines and small launch rocket vehicles, targeting the market for rapid and low-cost space access for microsatellites and other spacecraft.

Space Engine's product line includes solid launch vehicles, rocket engines, and high-end aerospace components. These products are designed to support the aerospace industry by enabling the quick deployment of microsatellites and providing emergency network replenishment launch services. The company operates in the privately held aerospace and defense industry. Investors in Space Engine include Changjiang Growth Capital, Changjiang Securities Company, G-infinite, Kunshan Yuqiaohe Investment, and Western Capital.

The broader context of China's space industry includes a rapid expansion into reusable rockets, with significant advancements in vertical take-off and landing technologies. The Chinese government opened the space sector to private investment in 2014, leading to the establishment of numerous aerospace startups. These companies are developing proprietary technologies, such as liquid oxygen-methane engines and 3D-printing manufacturing for rocket components, to reduce costs and enhance performance.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Ningbo, China
Open positions
None listed
Dealroom signal
19.7/100
Industry
Transportation, Space
Sector
Space, Launch Vehicles, Space Vehicles Components and Payloads, Propulsion Systems, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Sep 2025 $14M $55M Puhua Capital ↗
EARLY VCEquity / VC Mar 2022 $0 — Ningbo Tongshang Group · CASIC Fund —
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Growth signals

Space Engine website traffic

Latest recorded traffic for Space Engine is 1.5K monthly website visits, down 46.4% over the last three months.

Latest monthly visits1.5K 3-month web change-46.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Xi'an Zhongke Chuangxing Technology Incubator

Series A4 investors entered at this stage

  • Guosheng Group
  • GP Capital
  • Ningbo Tongshang Group
  • CASIC Fund

Series B and later1 investor entered at this stage

  • Puhua Capital
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Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Ningbo HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Space Engine on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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