Xingluo Intelligence Completes Over 100 Million Yuan Series B+ Round of Financing to Deepen Strategic Layout in Low-Altitude Economy and New Energy Robots
Recently, Xingluo Intelligence, a leading domestic enterprise in low-altitude intelligent robots, announced the completion of a Series B+ financing round exceeding 100 million yuan. This round was led by Suzhou Port and Shipping Group, co-led by Lingang Frontier Investment. The funds from this financing will be mainly used for the productization of new energy robots and the application of urban low-altitude economy, further consolidating Xingluo Intelligence's leading position in the fields of drone AI and new energy intelligent operation and maintenance.
As a pioneer in China's low-altitude economy field, Xingluo Intelligence has been focusing on the R & D and commercialization of drone enabling technologies since its establishment in 2017. The company's innovative products, such as China's first drone hangar and the first unmanned photovoltaic inspection system for drones, have covered more than 700 new energy stations and over 40 low-altitude application areas in districts and counties globally. The products have been applied in Europe, Southeast Asia, Japan and other regions. This Series B+ financing is another milestone after the 100-million-yuan Series B financing in June 2024, marking that Xingluo Intelligence's strategic layout in the fields of new energy intelligent maintenance and low-altitude cities has entered the industrialization stage.
Xingluo Intelligence's product closed-loop
Founder Wang Haibin pointed out: "Just as bricks are to a grand building, drone hardware is only the basic unit of the low-altitude economic landscape. The customer demands in the new energy and low-altitude city market scenarios essentially lie in the complete construction of an 'air ecosystem'. There is an industrial gap from 'parts' to a 'system' between single hardware products and scenario-based solutions - this is not only a challenge for technological transformation but also a strategic opportunity to reconstruct industry value. Xingluo adheres to the systematic thinking of 'from bricks to a grand building' to target this track, creating a closed-loop drone AI solution covering hardware, algorithms and scenario applications for customers. In this deeply customized technology system, 70% of the core products are self-developed, building a technological moat with hardcore innovation and redefining the value paradigm of solutions in the era of low-altitude economy."
CCTV1 reports on Xingluo Intelligence's low-altitude city drone solutions
CCTV13 reports on Xingluo Intelligence's new energy intelligent maintenance drone solutions
In 2024, the Port and Shipping Group completed an investment of hundreds of millions of yuan in Aerospace Times Feipeng, a leading enterprise in logistics drones. The investment in Xingluo Intelligence, a leading enterprise in drone inspection, is another important layout in the low-altitude economy track. As one of the first batch of "Suzhou Low - altitude Economy Leading Enterprises" and the first batch of "Suzhou Artificial Intelligence Innovation Application Laboratories", Xingluo will use AI to achieve a low - altitude closed - loop for inspection and logistics, detection and execution.
Drones enable multi - scenario inspection in ports and shipping
Aerospace Times Feipeng and Xingluo Intelligence reach a cooperation on drone logistics technology and drone inspection intelligent maintenance scenarios
Currently, Xingluo Intelligence's photovoltaic inspection system has covered a global photovoltaic installed capacity of over 17GW. Combined with the self - developed Lantern photovoltaic robot, it can increase the power generation efficiency of customers by 8% - 30%. The combination of drones and robots will further expand and deepen Xingluo Intelligence's territory in the global photovoltaic intelligent maintenance field.
The world's first "flying" photovoltaic robot, Lantern
About Suzhou Port and Shipping Technology Development Co., Ltd.
Port and Shipping Technology is a wholly - owned subsidiary of Suzhou Port and Shipping Group, mainly responsible for the scientific and technological innovation business of ports and shipping. It was established in response to Suzhou's work requirements for promoting the integrated development of port and shipping logistics at the municipal level and enhancing scientific research and innovation capabilities. It is one of the important measures for Suzhou Port and Shipping Group to develop "smart + green" modern port and shipping logistics.
About Lingang Frontier Investment:
Lingang Frontier (Shanghai) Private Equity Fund Management Co., Ltd. is a mixed - ownership professional asset management company registered in the Lingang New Area, focusing on equity investment in advanced manufacturing. The core team members of the company all have backgrounds from top domestic and foreign universities, with an average of over 20 years of work experience in large financial institutions and industrial chains. The company's investments mainly focus on high - quality projects with international perspectives and layouts in frontier technology fields such as new energy, new materials, high - end equipment manufacturing, integrated circuits, and artificial intelligence. At the same time, Frontier Investment, together with the Shanghai Yangtze River Delta Science and Technology Innovation Enterprise Service Center, provides a series of services such as equity financing, listing guidance, mergers and acquisitions, industry empowerment, and overseas channel construction for science and technology innovation enterprises at different development stages, helping China's hard - technology enterprises go overseas and enhancing their competitiveness and value in the global market.
Suzhou Port and Shipping Group stated: As one of the first batch of low - altitude economy leading enterprises in Suzhou, Xingluo Intelligence's drone artificial intelligence business has been widely recognized in fields such as energy and security. It not only promotes the development of the low - altitude economy but also provides new ideas and directions for the wide application of artificial intelligence technology. The Port and Shipping Group's investment in Xingluo Intelligence this time is a strategic investment, which not only meets the development needs of the Port and Shipping Group in the low - altitude economy and artificial intelligence fields but also helps to empower the development of relevant businesses of the Port and Shipping Group.
Frontier Investment stated: It highly recognizes Xingluo Intelligence's continuous efforts and remarkable achievements in fields such as new energy unmanned inspection and efficient photovoltaic cleaning, and is optimistic about the company's future growth potential in the field of new energy intelligent operation and maintenance. Frontier Investment emphasizes that Xingluo Intelligence has filled the industry gap through technological innovation, especially in the integration of drone AI and new energy scenarios, achieving a breakthrough from single hardware products to systematic solutions. This not only improves the power generation efficiency of photovoltaic stations but also provides a replicable commercial path for the low - altitude economy. Frontier Investment believes that Xingluo Intelligence's strategic layout will accelerate the industrialization process of the low - altitude economy, promote the in - depth integration of "artificial intelligence + low - altitude economy", and inject new impetus into the global green energy and urban intelligent development.