Monday, January 5, 2015

EHANG Gets $10M For Drone Aircraft

EHANG, the Chinese maker of personal drone aircraft which also has operations in San Carlos, said last week that it has raised $10M in a Series A funding round. The funding was led by GGV Capital, and also included PreAngel. The company is currently in pre-order stage on IndieGogo. The company said its drones are designed to "make the joy of flight accessible to everyone." EHANG is led by Derrick Xiong. More information »