Huayu Xianxiang completed a Pre-A+ round of financing exceeding 100 million yuan, led by Ant Group.

36Kr learned that recently, Huayu Xianxiang, a domestic full tilt-rotor eVTOL company, completed a Pre-A+ round of financing exceeding 100 million yuan. This round of financing was led by Ant Group, with Bianshi Times and Fosun Fortune Capital participating. The funds raised will be mainly used to accelerate the airworthiness certification of the Honghu series of eVTOLs, as well as the implementation and innovation of low-altitude travel and commercial scenarios.