China’s i-Kingtec raises $69m to advance low-altitude AI drones

China’s i-Kingtec raises $69m to advance low-altitude AI drones

Tech in Asia·2025-05-09 00:00

Chinese low-altitude infrastructure company i-Kingtec has raised 500 million yuan (approximately US$69 million) in a Series D funding round. The funding was led by Liangxi Sci-Tech Innovation Fund, managed by Broad Vision Funds.

The company plans to use the funds for new product development, mass production, and expanding its deployments. i-Kingtec is working to automate the assembly of its industrial drones and drone airports within 15 minutes. It is also scaling its AI training system, Wukong Brain, which supports autonomous drone operations.

……

Read full article on Tech in Asia

Technology Business