Chinese reusable rocket developer Deep Blue pockets almost $140m in Series B

Chinese reusable rocket developer Deep Blue pockets almost $140m in Series B

Rocket launch. Photo by Pixabay

Beijing Deep Blue Space Aerospace Technology, also known as Shenlan Space, has pocketed 1 billion yuan ($139.7 million) in a Series B2 round led by a state-owned investment holding group affiliated with the Wuxi National Hi-Tech District. 

Edited by: Joymitra Rai