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Thermal.AI

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Commercial aerospace structures and thermal control systems.

ChinaFounded 2020Space

Valuation $100–500M Latest valuation · 2026

Total funding $10–50M Disclosed equity funding

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About Thermal.AI

Thermal.AI, also known as 热数科技, is a supplier based in Beijing, China, specializing in commercial aerospace structures and thermal control systems. The company operates within the aerospace industry, catering to a market that demands high-precision and reliable components for aviation and space applications. Its business model focuses on providing these specialized structures and systems to commercial clients in the aerospace sector.

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The core offerings of Thermal.AI encompass the design, development, and provision of structural components for aircraft and spacecraft, alongside advanced thermal management solutions. These thermal control systems are critical for maintaining optimal operating temperatures for sensitive equipment in the harsh environments of space and high-altitude flight. By ensuring the integrity and performance of aerospace platforms, the company plays a role in the broader supply chain for commercial space and aviation.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2020
Headquarters: China
Open positions: None listed
Dealroom signal: 20.3/100
Industry: Semiconductors, Space
Sector: Space, Additive Manufacturing, Aviation and Aerospace, Component Supplier, Space Tech, Space Vehicles Components and Payloads, Materials for Space, DT and LS, science-based
Technology: Hardware, Deep Tech
Business model: Manufacturing
Client focus: b2b
Links: Website

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Aug 2026	$28M	$110M	Undisclosed	↗
SERIES A✓Equity / VC	Mar 2026	$0	—	Hongtai Aplus	↗

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