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Investor · Backs Xingce Future, Cang Jirong

Xinshang Capital

新尚资本


Coverage1

Funding · Sep 11, 2026 · as investor

Xingce Future raises several hundred million RMB in A+ and A++ rounds to build its space-computing constellation

Xingce Future has closed A+ and A++ rounds totalling hundreds of millions of yuan (tens of millions of dollars), with investors including Beichuangtou, Meridian Capital China, Xinshang Capital and Xinding Capital. Existing investors Xichuangtou and Houtian Capital joined. Tsinghua University spinoff from the Tian Ge Project team says it has 37 advanced-process GPUs in orbit and 39 payloads running stably, including the first domestic 12nm and global 7nm GPU in-orbit applications. It announced the Fuyao Plan for a cloud-coordinated space-computing constellation and has joined national remote-sensing constellation projects.

Original sources (Chinese)

「星测未来」连续完成两轮数亿元融资:37张先进制程GPU稳定在轨运行,布局首个云端协同太空算力星座「扶摇计划」36kr