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HoYoverse is Investing in Commercial Spaceship Technology

By Weilin Li
May. 20, 2022 updated 08:30

According to the private space launch company Orienspace, they recently received an investment of 400 million CNY (~59.8 million USD) in the Series A round. One investor that followed the lead investor was HoYoverse.

The WeChat article announcing HoYoverse’s investment in Orienspace.The WeChat article announcing HoYoverse’s investment in Orienspace.

The lead investor was Hike Capital, and other investors that followed included CMBC Capital, Sky Saga Capital, Vision Plus Capital, etc.

The new financial resources will be used for the research and launch of Gravity-1, a medium-class orbital launch vehicle, according to a WeChat article by Orienspace.

A post on HoYoverse’s website shows they are looking for an Investment Manager.A post on HoYoverse’s website shows they are looking for an Investment Manager.

Besides this, a recruitment post from HoYoverse’s website shows that they are seeking an Investment Manager in Hard & Core Technologies, including the areas of servers, data centers and chips.

In February this year, Superpixel reported that HoYoverse had led a 400 million CNY investment with Nio Capital in Fusion Technology.

Note: HoYoverse was previously known as miHoYo, a name more familiar to Chinese gamers.

Source: Orienspace