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Recently, Dream Sky Technology announced that it has completed the A+ round of financing of hundreds of millions of yuan, making it the largest single financing since its establishment and the largest single financing in the domestic hybrid eVTOL field. The current round of financing was led by Hangshi Group and its subsidiary Hangzhou Low Altitude Company. Xiaoshan Venture Capital, Caitong Capital, Qianhai Ark, and SDIC Taikang followed. The old shareholder Aviation Investment Fund followed for the fourth consecutive round, and Xiaochi Capital overinvested for the third consecutive round. The funds raised in this round will focus on forensics for cargo aircraft airworthiness, product mass production capacity building, manned aircraft engineering development, industrial chain system improvement, and core technical team expansion to accelerate technology implementation and commercialization.
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Recently, Dream Sky Technology announced that it has completed the A+ round of financing of hundreds of millions of yuan, making it the largest single financing since its establishment and the largest single financing in the domestic hybrid eVTOL field. The current round of financing was led by Hangshi Group and its subsidiary Hangzhou Low Altitude Company. Xiaoshan Venture Capital, Caitong Capital, Qianhai Ark, and SDIC Taikang followed. The old shareholder Aviation Investment Fund followed for the fourth consecutive round, and Xiaochi Capital overinvested for the third consecutive round. The funds raised in this round will focus on forensics for cargo aircraft airworthiness, product mass production capacity building, manned aircraft engineering development, industrial chain system improvement, and core technical team expansion to accelerate technology implementation and commercialization.
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