
Today’s Yangtze funding roundup: Physical AI, eVTOL, cell therapies…
Investors are backing frontier technologies spanning embodied intelligence, next-generation aviation and advanced therapies.

Investors are backing frontier technologies spanning embodied intelligence, next-generation aviation and advanced therapies.

The company’s customer base now spans China’s three major civil aviation markets: large commercial aircraft, eVTOLs and heavy unmanned aerial vehicles.

The fundraising comes amid accelerating investment across China’s eVTOL industry.

To date, ZeroG has completed nine financing rounds, bringing its total publicly disclosed funding to approximately 1.2 billion yuan.

Skydragon is led by a team with deep ties to China’s aerospace sector and Beihang University, a major source of talent for China’s aviation and aerospace sectors.

Founded in 2014, the company was among the first domestic firms to receive a phased-array weather radar operating license from the China Meteorological Administration.

The centerpiece was the AL-100, which the lab said is the world’s first 1-ton hybrid cargo drone, officially unveiled under the “Tianmushan 3” program.