China’s FLYPRO raises $13 mn in Series A funding

China’s FLYPRO raises $13 mn in Series A funding

SHARE

China: A Chinese company which specializes in research and development of intelligent (unmanned aerial vehicles) UAVs, FLYPRO Aerospace Tech, has raised $13 million in a Series A round of fundraising from Yihua Capital. FLYPRO’s drones are equipped with an advanced flight control system, a visual positioning system and automated obstacle avoidance. Company founder and CEO Lin Hai expects to expand FLYPRO’s footprint in the international market, further product research and development as well as promote the civilian use of drones with this round of funding.

Source: PRNewswire