The flow of capital is the most direct manifestation of technological trends. When a large amount of money pours into certain fields, it means that these fields are about to enter the fast lane of development. In 2025, there will be many investment and financing events in the commercial aerospace field. Let us take a look at the characteristics of these funds invested in the commercial aerospace track:
1. State-owned capital plays a relatively dominant role. Local governments not only directly invest in commercial aerospace companies through subordinate state-owned assets platforms, but also directly attract leading companies to settle in the industry through “equity investment” through the establishment of industrial funds to create industrial clusters. In terms of investment style, the intervention of state-owned assets is not only the introduction of individual enterprises, but also focuses on opening up the upstream and downstream industrial chains, forming industrial clusters with coordinated development and enhancing overall competitiveness through the creation of parks and alliances.
2. There is an obvious trend of “investing early and investing small”, including more than a dozen angel round financings such as Xingyu Sky, Infinite Aerospace, Yushi Space, Orbital Sunlight, Xingchi Sky, Zhihang Space, etc., indicating that early investment in the commercial aerospace field will be relatively active in 2025. This may have something to do with the new regulations issued by the China Securities Regulatory Commission in June 2025 that clearly list commercial aerospace as the scope of support for the fifth set of listing standards on the Science and Technology Innovation Board. The new regulations open the door to the capital market for unprofitable aerospace companies, further clarify the exit mechanism for early investment, and inject confidence into capital participation in start-up projects.
3. The financing of Taiyi Weihang and Orbital Chenguang shows that capital is opening up new business scenarios. As a commercial aerospace company specializing in the research and development of ultra-low orbit smart satellites, Taiyi Micro’s core innovation is to deploy AI computing capabilities directly on satellites, allowing satellites to process and analyze data autonomously in space orbit. The “space data center” envisioned by Orbital Sunlight aims to take advantage of the energy and heat dissipation advantages of space to provide users around the world with “day calculations” and “earth calculations” services. These very cutting-edge concepts also show that capital is willing to bet on disruptive long-term business models.
Attachment: Investment institutions participating in commercial aerospace track investment in 2025:
BoCom Capital, Yuanhe Origin, Shanghai Pudong Venture Capital, Zhongguancun Qihang Investment, Longding Investment, Jiuhe Venture Capital, Inno Angel Fund, Linge Venture Capital, Hongfu Assets, Chengdu Science Venture Capital, Meihua Venture Capital, Yuanhang Capital, Huafu Growth Investment, Binfu Capital, Optics Valley Financial Holdings, Yangtze River Capital, Xiaomiao Langcheng, Tongchuang Weiye, Yida Capital, Yinlian Capital, Qiancheng Capital, Huacang Capital Ben, Huanghai Huichuang, Xingxiang Capital, Guoke Jiahe, Xiangjiang Group Dakecheng Fund, Leyi Capital, Legend Venture Capital, Zhongtian Huifu, Beijing Innovation Industry Investment, Guohai Innovation Capital, Yuanke Venture Capital, Qitai Capital, Changzhou High-tech Investment, Jiangsu Guojing Capital, Wujin High-tech Investment, Taihua Venture Capital, Xi Venture Capital, Yuande Capital led the investment, Nantong Jiayi, Qianhai Jiupai Capital, Suzhou Asset Management , China Nonferrous Metals Industry Association, Huazhen Fund, Shenzhen Venture Capital, Wuhan China Xinke Capital Venture Capital Fund Management Co., Ltd., Cinda Capital, Gongda Venture Capital, Caitong Capital, Hanjiang Capital, NAIS, Jigang Group, TusStar, Shangxin Capital, Gaoxin Capital, Puhua Capital, Jinsha Capital, Hefei Industrial Investment, Chengdu Major Industrialization Project Phase II Equity Investment Fund Co., Ltd., Chengdu Yingyuan Private Equity Management Co., Ltd., Tianchuang Capital, Lushi Investment, Junyuan Capital, Yicun Capital, Jiangyin High-tech Financial Investment, Huishan Science and Technology Group, Guoxiang Capital, Xunlei New Energy, iFlytek Ventures, Rice Venture Capital, Guoyu Gaohua, Dongfang Asset, Shenwan Investment, BOC Asset, Beijing Jiaotong United, Hunan Shengli Investment, Hunan High-tech Zongheng, Qingshui Huixing.
