Zero Zero Robotics reaches $1 billion valuation in Series D and D-plus funding round led by Boyu Capital, Xiang He Capital, and others.
Round Type
Series D
ChinaInvestors
Description
Zero Zero Robotics, maker of HOVERAir self-flying cameras, has reportedly achieved unicorn status with a $1 billion valuation in its latest funding round. The company disclosed Series D and D-plus financing this year with investors including Boyu Capital, Xiang He Capital, Delian Capital, and an Ant Group affiliate. Founded in 2014 by Stanford PhD graduates, the company develops portable flying cameras that automatically follow subjects for aerial footage. Fourth-quarter revenue is estimated to reach RMB 600 million to RMB 700 million.
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