Venture Funding The financing will be used for the research and development of satellite Internet-related technologies and their commercial applications. Chinese satellite internet startup Galaxyspace , belonging to China Construction Bank Corporation, one of China’s big four banks, along with Anhui Sanzhongyichuang Industry Development Fund, Hefei Industry Investment and Sincere Fund. Existing investors Legend Capital and Chaos Investment also participated. ( SpaceNews ) A statement claimed that GalaxySpace had achieved the status of being the first unicorn in the field of commercial aerospace and satellite Internet in China. According to GalaxySpace founder and CEO Xu Ming, the funds will be…