Signal Early-stage deal share to Chinese and Indian space startups more than doubled in a year

Summary

China and India are working to close the innovation gap in space technology, and their share of early-stage investment has risen sharply. CB Insights reports that the share of early-stage space tech deals going to startups based in China or India more than doubled in the past year. In the latest period, China accounted for about 25 percent of such deals and India for about 19 percent. The count covers equity financings from pre-seed to Series A. In China, the most promising and best funded aerospace companies are concentrated in launch systems. CB Insights sees launch as the foundation from which these firms plan to enter broader space markets.