Qiji Chuangtan mainly assists the development of early-stage commercial aerospace companies through the model of investing first and then accelerating.
Today we will learn about:
China’s top 10 commercial aerospace investment institutions – Qiji Chuangtan.
1
Achievement and Creation
Qiji Chuangtan (Beijing) Investment Management Co., Ltd.
By former Baidu President Lu Qiyu
2019
Founded is an institution focusing on early-stage venture capital investment and acceleration services. Its core product is Qiji Entrepreneurship Camp.
2
Qiji Entrepreneurship Camp
Qiji Chuangtan has currently opened 11 startup camps, invested in 420+ start-up companies, accelerated 505 projects, and the total project valuation is 90 billion.
3
Investment focus
Qiji Chuangtan’s investment projects include artificial intelligence, robots, games, B2B, quantum computing, biotechnology, mobile Internet cloud, commercial aerospace, education, overseas expansion, metaverse and other cutting-edge technology fields.
4
Invest in commercial aerospace companies
According to incomplete statistics, Qiji Chuangtan has invested in a total of 5 commercial aerospace companies and participated in 8 financings of commercial aerospace companies, including 1 lead investment, 1 co-lead investment, and 6 follow-up investments.
The invested companies cover the commercial aerospace industry chain such as electric thrusters, laser communications, rockets as a whole, and satellite components.
Investment companies include
Helium Star Light Alliance,
Oriental space,
Micro movement of time and space,
Aikosa Technology,
aerospace power
and other well-known commercial aerospace companies.
5
Investment case
In January 2022, Oriental Space completed a Pre-A round of financing of nearly 300 million yuan co-invested by Qiji Chuangtan. The funds were mainly used to support the development of the preliminary prototype of the Gravity-1 medium-sized launch vehicle.
In January 2024, Gravity 1 successfully made its first flight at sea, setting a record for the world’s largest solid launch vehicle.
6
investment analysis
Among Qiji Chuangtan’s 8 investments in the commercial aerospace field, 3 were angel rounds, 4 were Pre-A rounds, and 1 was Pre-A+. It can be seen that Qiji Chuangtan prefers to enter the market early when investing in commercial aerospace companies.
In addition, 4 of the 5 commercial aerospace companies Qiji Chuangtan has invested in so far are companies related to the satellite industry chain, and the investment focuses on satellite-related products.
