Sibitu completed its Series C financing.

36Kr learned that recently, "Sibaitu" completed a Series C financing of over 400 million yuan. The investors include investment institutions such as CICC Capital, Hongtai Fund, Zhuoyuan Fund, Wuxi Venture Capital, and Nanshan Strategic Emerging Industry Investment. The funds from this round will accelerate the R & D iteration of satellite Internet payload products such as Sibaitu's measurement and control, high - speed data transmission, QV power supply, phased array, NTN baseband, inter - satellite and satellite - ground communication equipment, routers, etc., and the layout of core chips. At the same time, it will promote the upgrade and capacity expansion of the intelligent manufacturing line for industrial aerospace, providing reliable support for the rapid network construction of large - scale constellations.