26 May 2015
Chinese venture capital firm Haiyin Capital intends to invest into US space company XCOR Aerospace which is currently developing commercial sub-orbital space capabilities with its Lynx space plane.
Yuquan Wang, founding partner of Haiyin Capital told Forbes magazine: “XCOR is a different story. We just like the team. They’re dedicated to something that’s really cool. We’re not sinking money in looking for a large capital return. We wanted something encouraging and exciting in our portfolio.”
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