August 24, global leader in intelligent UAV company million air today announced the completion of $ 42 million b round of financing from Gimpo investment lead investor, also from GGV ggv capital, actually Fund, fair multi-party investment capital, Oriental fortune. Up position! TMT industry investment in the future,
This round of funding will further promote billions hang in the consumer and commercial civil unmanned aerial vehicle product development and market expansion of the market, accelerating the expansion team to promote construction of ecological system of UAV based on intelligent controlled experience, progressive realization of millions of aerial drones to build smart mobile platform's strategic objectives in the air.
Millions airlines Hu Huazhi, founder and Chief Executive, said: "in the financial markets suffered under fell billion airlines bucked get the next round of financing, won the individual investors and professionals in the field of ongoing support and recognition, we are very pleased to recently executives of four major international listed companies of pre-service training, makes us more confident becoming the UAV industry leader. "
He said that, by virtue of this round of funding, billion aviation not only fool intelligent control through to the end, drones are also intelligent innovations and ideas apply to agricultural and forestry industries, geographic mapping, emergency response, investigation, surveillance, logistics, express and other fields, to the transformation of traditional industry with new opportunities. Let the drone can reach not only, you can also create more value, completely changed people's lives. Later this year, millions of airlines will be publishing heavyweight's flagship product, is committed to creating disruptive user experiences and applications, intelligent innovations lead the UAV industry.
As a lead investor of millions hang a round of financing, GGV for millions airlines voted in 15 years, the maximum amount of a series a 10 million dollar investment, series b investment, still full of confidence. GGV capital managing partner Jenny Lee Jenny Lee, said: "we are particularly optimistic about the Outlook for the global development of the UAV industry, and was pleased to see millions of airlines to obtain more trade and investment partner support, continues to bring consumers more exciting, innovative, industry-leading unmanned aircraft products. "
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