Recently, Kongyu Science and Technology made a public announcement regarding the successful closure of its Series B funding round. The investor for this round is the Smart Manufacturing Industry Investment Fund under Mingzhi Fund. This investment represents yet another endorsement of Kongyu Science and Technology by capital associated with Tsinghua University, following the previous investment from Wu Yue Feng Ke Chuang. The capital raised in this Series B funding will be predominantly allocated towards the advancement of core technological innovations and the strategic expansion of its low-altitude safety business segment.
