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Chinese commercial launch company (Beijing Tianbing Technology) developing the partially reusable Tianlong-3 medium-lift rocket, whose maiden flight from Jiuquan failed on 3 April 2026. Reuters reported in April 2026 that it had raised nearly 2.5 billion yuan (about $363 million) six months earlier.
Chinese commercial launch company (Beijing Tianbing Technology) developing the partially reusable Tianlong-3 medium-lift rocket, whose maiden flight from Jiuquan failed on 3 April 2026. Reuters reported in April 2026 that it had raised nearly 2.5 billion yuan (about $363 million) six months earlier.
Not ranked: Only 44% of applicable weight is backed by data; 50% is needed to rank.
3 of 7 inputs measured · Insufficient data · 44% of applicable weight backed by data
Not measured: Headcount, Market value, Reported revenue
Not measured: Open-role change (90 days)
A pillar score averages the company’s percentiles among the tracked companies with a value: relative standing, not a grade. Inputs measured 2026-10-16 (UTC) · methodology v6. Every input, its value and percentile · How it is computed
The Space Score ranks companies relative to each other on public data we hold. It describes; it does not rate, forecast or recommend. It is not a credit rating and not investment advice. Full disclaimer
For information only, not investment advice. SpaceNexus is not a registered investment adviser, broker or dealer, and nothing here is a recommendation to buy, sell or hold any security. Data may be delayed, estimated or incomplete; check the source before acting. Full disclaimer
7 private rounds on record (6 with no stated amount, counted but not added). Debt, grants, state capital, owner funding and acquisitions are listed under Funding history by class and not added in.
Checking for a discussion…
Compiled Oct 16, 2026 from 8 public records. Every figure links the record it comes from.
Latest sourced round
Equity round: CN¥200.0M (about $29.4M)
Lead recorded as 横店资本 (Hengdian Capital). Dollar figure converted at 0.147199691 CNY/USD (ECB euro foreign exchange reference rates) on Jul 7, 2026
Source: Eastmoney (人民财讯)
Announced Jul 7, 2026
Sourced rounds on record
9 rounds, $29.4M disclosed
8 with no amount disclosed
Published rounds with a source link only, on the same rules as the funding tracker. Each round links the source that states its figure; amounts in other currencies are converted to dollars at the rate shown on the funding tracker.
Launches flown as provider
1 since Nov 18, 2024
1 failed. Latest: Tianlong-3 | Demo Flight
Our launch record starts Nov 18, 2024; earlier launches are not counted here. Every kind of launch in the feed counts, crewed, lunar and station missions included.
Source: Launch Library 2 launch record
Latest launch Apr 3, 2026
横店资本 (Hengdian Capital)
Recorded as lead of Equity round (Jul 7, 2026)
Eastmoney (人民财讯), Jul 7, 2026
东方资产 (China Orient Asset Management)
Took part in Pre-D and D (Oct 9, 2025)
Eastmoney, Oct 9, 2025
中银资产 (BOC Asset)
Took part in Pre-D and D (Oct 9, 2025)
Eastmoney, Oct 9, 2025
济钢集团 (Jigang Group)
Took part in Pre-D and D (Oct 9, 2025)
APA
SpaceNexus. (2026, October 16). Space Pioneer (Tianbing Technology): Company dossier [Data set]. Retrieved October 16, 2026, from https://spacenexus.us/company-profiles/space-pioneer
Chicago
SpaceNexus. "Space Pioneer (Tianbing Technology): Company dossier." Data as of October 16, 2026. Accessed October 16, 2026. https://spacenexus.us/company-profiles/space-pioneer.
BibTeX
@misc{spacenexus_spacepioneertianbingtechnology_2026,
author = {{SpaceNexus}},
title = {{Space Pioneer (Tianbing Technology)}: Company dossier},
year = {2026},
month = oct,
howpublished = {\url{https://spacenexus.us/company-profiles/space-pioneer}},
url = {https://spacenexus.us/company-profiles/space-pioneer},
urldate = {2026-10-16},
note = {Data as of 2026-10-16; each fact links its primary source}
}申万投资 (Shenwan)
Took part in Pre-D and D (Oct 9, 2025)
Eastmoney, Oct 9, 2025
贵阳工业发展基金 (Guiyang Industrial Development Fund)
Took part in Pre-D and D (Oct 9, 2025)
Eastmoney, Oct 9, 2025
中金资本 (CICC Capital)
Took part in Series C (Jul 6, 2023)
36Kr, Jul 6, 2023
博裕投资 (Boyu Capital)
Recorded as lead of Series C (Jul 6, 2023)
36Kr, Jul 6, 2023
国科投资 (Guoke Investment, Chinese Academy of Sciences)
Recorded as lead of Series A+ (Dec 25, 2020)
36Kr, Dec 25, 2020
Recorded as lead of Series A (Sep 16, 2020)
36Kr, Sep 16, 2020