Aiming at the trillion-level low-altitude economy, Genencor World has completed a new round of financing, with state-owned background institutions entering the game.
Jieneng Kesh, a domestic provider of low-altitude safety solutions, recently announced the completion of a new round of financing worth tens of millions of yuan. The investors in this round include Hangzhou Low-Altitude Industry Development Co., Ltd. (funded by Hangshi Zhitou on behalf), a subsidiary of Hangshi Group, Zhejiang Qianfan Qihang No. 2 Equity Investment Fund, and Jiaxing Huayu Win-Win Equity Investment Fund. It is reported that this round of financing will be mainly used for the in-depth R & D and industrialization of low-altitude safety technologies.
Founded in 2017, Jieneng Kesh is a technology company focusing on the low-altitude safety field. The company has established a full-chain low-altitude safety guarantee system covering "monitoring - identification - early warning - disposal" and has mastered more than 120 relevant intellectual property rights. Its core BAS technology system consists of the "Shidun Brain", the vertical domain model for low-altitude safety "Wuqiong", and multi-scenario solutions. Notably, the "Wuqiong" model is the first vertical domain model in the domestic low-altitude safety field and has currently achieved large-scale application across all its self-developed platforms.
In terms of market applications, Jieneng Kesh's products and solutions have covered key infrastructure areas such as civil (military) airports, petroleum and petrochemical, and water conservancy and power. They have been implemented in more than 30 cities and over 400 scenarios nationwide, cumulatively protecting an airspace area of over 15,000 square kilometers. In addition, the company has also undertaken low-altitude security tasks for major international events such as the Hangzhou Asian (Paralympic) Games and the Harbin Asian Winter Games, as well as the construction of urban-level low-altitude safety regular supervision platforms in Hangzhou, Yinchuan and other places, which verifies the reliability and combat effectiveness of its technologies.
A prominent feature of this round of financing is the introduction of investors with strong industrial backgrounds, forming a pattern of "state-owned capital leading and industrial synergy".
Data shows that Hangzhou Low-Altitude Industry Development Co., Ltd. is a wholly-owned subsidiary of Hangshi Group, a world top 500 enterprise under the jurisdiction of Hangzhou. This investment is regarded as a crucial step for the Hangzhou state-owned capital system to precisely layout the strategic emerging industry of low-altitude economy. Its investment in Jieneng Kesh represents the recognition of the technological value and market prospects of leading enterprises in the low-altitude safety track by local state-owned capital.
Zhejiang Qianfan Qihang No. 2 Equity Investment Fund is an AIC equity investment fund established by the Agricultural Bank of China in Zhejiang, which focuses on supporting the growth and development of technology-based enterprises in the Hangzhou area. Its participation is expected to provide assistance to Jieneng Kesh in regional expansion and industrial chain resource integration.
Jiaxing Huayu Win-Win Equity Investment Fund is a professional private equity investment fund established by Huayu Venture Capital. Its professional post-investment management experience will help Jieneng Kesh optimize its corporate governance structure, enhance its market expansion ability, and accelerate the company's development.
With the rise of the low-altitude economy globally, airspace safety has become a prerequisite and core infrastructure for its commercial implementation. The completion of this round of financing for Jieneng Kesh not only injects strong impetus into its own development but also indicates that the low-altitude safety track continues to attract the focus of the capital market. Supported by state-owned capital and industrial capital, Jieneng Kesh is expected to take an advantageous position in the upcoming wave of urban low-altitude safety management system construction with its full-chain technological capabilities and comprehensive combat experience.