Chengdu Starwaycomm Technology, a leading Chinese satellite communications firm, has secured over $14.2 million in its Series A+ financing round, equivalent to more than 100 million RMB. The round was led by Oriza Seed, with continued participation from existing investor Boyuan Capital and additional backing from Rongxi Venture Capital, Chengdu High-Tech Venture Capital Group, and Wuxi Xinshang Capital. The new funding will support accelerated growth and deepen the company's technological capabilities in the fast-expanding satellite communications market.
Fueling Next-Generation Technology
The capital will be directed toward the development and industrialization of Low Earth Orbit (LEO) satellite communication terminals, advancing the company’s R&D pipeline and scaling production to meet increasing market demand. The investment also supports progress on Starwaycomm’s fourth-generation satellite communication system, Xbaud 4.0, alongside the development of supporting baseband core chips. These initiatives are positioned to enhance terminal performance and capacity, with the goal of strengthening China’s domestic technology capabilities in satellite communications.
Strong Investor Confidence and Market Validation
Leadership in the round by Oriza Seed, combined with Boyuan Capital’s follow-on investment, reflects clear confidence in Starwaycomm’s commercialization roadmap. The addition of new institutional investors further reinforces market recognition of the company’s technology and long-term strategy. Beyond capital, the participation of multiple investment groups provides industry resources expected to support product industrialization and ecosystem expansion.
With greater financial strength and strategic backing, Starwaycomm is positioned to accelerate next-stage deployment of its satellite communications solutions and strengthen its presence in critical national infrastructure projects. The new capital creates momentum for the company to scale faster and elevate its role in China’s satellite connectivity landscape.
A Proven Leader in Satellite Communications
Starwaycomm is recognized as one of the earliest domestic developers of satellite communication systems and baseband technology, with more than 10 years of experience. Its proprietary Xbaud satellite communication system has achieved large-scale deployment across government ministries and industrial sectors, serving over 20,000 terminals with more than 200,000 cumulative operation hours. Its technology is used across public security, emergency response, energy, power, firefighting, civil protection, and other mission-critical fields.
This track record reflects Starwaycomm’s deep technical foundation in system design, terminal development, and integrated core component R&D, forming a complete end-to-end technology framework.
Capitalizing on a Favorable Industry Climate
This A+ round comes roughly one year after the Company’s previous Series A financing, highlighting its rapid growth pace and continued investor appeal. The funding arrives as China’s satellite internet sector accelerates, boosted by supportive national policy and growing commercial adoption. At the same time, global satellite communications markets are expanding, providing a favorable environment for companies with scalable products and mature deployment experience.
The successful completion of this round marks a key milestone for Chengdu Starwaycomm Technology. With fresh capital, strengthened industry partnerships, and ongoing advancements in LEO terminals and Xbaud 4.0, the company is well-positioned to expand industrial capacity, drive commercialization, and contribute to China’s satellite communication ecosystem with greater competitiveness.