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More Funds for ZeroG
  • 03 Nov 2023 11:44 PM
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More Funds for ZeroG

In late August, China’s Zero Gravity Aircraft Industry announced that it raised ¥100M ($14M) in a funding round involving BlueRun Ventures and other investors. The round was the third for ZeroG this year; in June, ZeroG announced it had raised a previous ¥100M in a round led by Lenovo Venture Capital and Qifu Capital. Founded in Mach 2021 by Xiang Jinwu, ZeroG is a subsidiary of Nanjing Communications and based in Anhui, China. It is developing a six-seat eVTOL aircraft known as the ZG-T6 (shown), according to the VFS World eVTOL Aircraft Directory. Images released by ZeroG show an aircraft with six electric motors and propellers.

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