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Chinese commercial launch company developing the reusable Tianlong-3 medium-lift rocket (maiden flight failed April 2026). Over $560M raised; ~$350M round in October 2025.
Not ranked: Data in 1 pillar; at least 2 are needed to rank.
2 of 7 inputs measured · Insufficient data · 25% of applicable weight backed by data
Not measured: Headcount, Market value, Reported revenue
Not measured: Capital raised (24 months)
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 2026-10-07 (UTC) · methodology v5. 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
Latest funding round
Strategic · $29M
Jul 7, 2026 · led by 横店资本 (Hengdian Capital)
Checking for a discussion…
Compiled Oct 7, 2026 from 8 public records. Every figure links the record it comes from.
Latest sourced round
Strategic: 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 Strategic (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 7). Space Pioneer (Tianbing Technology): Company dossier [Data set]. Retrieved October 7, 2026, from https://spacenexus.us/company-profiles/space-pioneer
Chicago
SpaceNexus. "Space Pioneer (Tianbing Technology): Company dossier." Data as of October 7, 2026. Accessed October 7, 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 = {2026-10-07},
note = {Data as of 2026-10-07; 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
浙大联创 (ZJU Joint Innovation)
Recorded as lead of Series A (Sep 16, 2020)
36Kr, Sep 16, 2020