China eVTOL Avionics Supplier Qingwei Aviation Secures Hillhouse-Led Funding
Qingwei Aviation, a Chinese supplier of high-safety flight control computing platforms and smart cockpit systems, has completed a Pre-A+ financing round raising tens of millions of yuan. The round was led by GL Ventures, the venture capital arm of Hillhouse, signaling continued capital interest in China’s burgeoning low-altitude economy.
Existing shareholders Guotai Junan Innovation Investment and Juno Capital participated in the round. Previous investors include Inovance Industrial Investment and Shenzhen Capital Group, highlighting early support from both top-tier venture capital and industrial investors for the avionics startup.
The proceeds will be primarily deployed to accelerate the research and development of DAL A-level products—the highest safety standard in civil aviation. The funding aims to consolidate the company’s technical and market leadership in core airborne products for general aviation and the low-altitude economy sector.
Founded in 2023, Qingwei Aviation specializes in avionics systems for Advanced Air Mobility (AAM) vehicles. Its core team comprises experts from major domestic and international aviation research institutes, with experience in developing prominent aircraft including the C919, MA700, AG600, and AS700, as well as helicopters and rockets.
In January 2026, the company released its next-generation domestically produced 3*2 redundant flight control computing platform and a series of smart cockpit display systems. These products are designed to offer cost efficiency and scalability, aiming to reduce development time and certification costs for aircraft original equipment manufacturers (OEMs) and system integrators.
The company has secured AS9100D certification, a crucial quality standard for the international aerospace industry. Qingwei Aviation stated it is strictly aligning its operations with the revised Civil Aviation Law of the People's Republic of China, which emphasizes a shift from product-based review to system-based review. The company has implemented a Design Assurance System (DAS) to meet regulatory requirements (CCAR-21-R4), establishing a complete capability chain covering regulation compliance, system operation, and verification.