China’s 5G Satellite Developer Galaxy Space Secures Undisclosed Series A+ Financing Round

Chinese private 5G satellite developer Galaxy Space has secured a series A+ round of financing from Shunwei Capital Partners, a venture capital firm started by founder of smartphone maker Xiaomi Lei Jun, IDG Capital, Morningside Venture Capital, Gaorong Capital and Source Code Capital, according to Chinese technology news portal 36Kr.

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