LegendSpace, a Chinese startup focused on AI-driven rocket engine development, has secured $29.5 million in angel funding. The company utilizes its proprietary "Prime" platform, which integrates AI design, simulation, additive manufacturing, and testing to significantly reduce engine iteration cycles from years to approximately two weeks. This funding will support the testing of multiple liquid rocket engines, enhance the "Prime" platform's capabilities, and establish a production testing system for large-scale manufacturing. AI
IMPACT This funding could accelerate innovation in AI-driven aerospace development, potentially leading to faster and more cost-effective rocket engine production.
RANK_REASON Significant funding round for an AI-focused company in the space industry. [lever_c_demoted from significant: ic=1 ai=0.7]
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- Beijing Institute for AI for Science (AISI)
- Chen Zhi
- Crystal Stream Capital
- DeepFlame
- Gaohu Capital
- LegendSpace
- Linjie Hangtian (Beijing) Intelligent Technology Co., Ltd.
- Long March 10B
- Mao Runze
- Oriental Fortune Capital
- Peking University
- Raptor
- Shangshi Capital
- SpaceX
- Vitalbridge
- Yuanma Lüdong
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