"Longxing Avionics" completed a 100-million-yuan Series A++ financing round.

36Kr learned that according to Hangzhou Science and Innovation Group, "Longxing Avionics" successfully completed a 100-million-yuan Series A++ financing round. The Direct Investment Fund of Hangzhou Science and Innovation Group - the Disruptive Achievement Technology Transformation Fund participated in the investment. The investment institutions also include Hangzhou Low-Altitude Industry Development Co., Ltd. under Hangshi Group, Hangzhou Talent Group Co., Ltd. under Hangzhou Capital, and the old shareholder Huayu Venture Capital.