China Digest: GalaxySpace enters unicorn club; JLC, Istar Space raise funds

China Digest: GalaxySpace enters unicorn club; JLC, Istar Space raise funds

GalaxySpace has reached a unicorn valuation of over $1 billion after raising an undisclosed amount; The JLC Group has bagged $129.1 million in a Series B round; and Aerospace firm Istar Space has raised $43 million led by China Innovative Capital.