Tsinghua-Backed eVTOL Maker Secures Series A Funding to Advance Hybrid Tilt-Rotor Fleet
Dream Chasing Sky Technology, a Tsinghua University-affiliated electric vertical takeoff and landing (eVTOL) developer, has raised nearly RMB 200 million yuan (US$27.6 million) in Series A financing, cementing its position in the emerging hybrid tilt-rotor segment of the aviation market.
The funding round was led by