Tech Company Financing Transactions

HT Aero Funding Round

HT Aero closed a $500 million Series A financing round on 10/23/2021. Investors included 5Y Capital, IDG Capital Partners and Xpeng Motors.

Transaction Overview

Company Name
Announced On
10/23/2021
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Series A
Investors

5Y Capital (Lead Investor) (Richard Liu)

IDG Capital Partners (Lead Investor) (Guangfu Cui)

Xpeng Motors (Lead Investor) (Xiaopeng He)

Eastern Bell Venture Capital

GGV Capital

GL Ventures

Sequoia Capital

Yunfeng Capital

Proceeds Purpose
The investment in HT Aero will further accelerate the build-up of our ecosystem to integrate driving and flying.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
No. 8 Songgang St. Tianhe District
Guangzhou Guangdong, 510640
China
Email Address
Overview
Xiaopeng Huitian aims at UAM (Urban Air Mobility), and is committed to building the world's safest intelligent electric flying car, using the car system and thinking to make flying into the family.
Profile
HT Aero LinkedIn Company Profile
Social Media
HT Aero Company Twitter Account
Company News
HT Aero News
Facebook
HT Aero on Facebook
YouTube
HT Aero on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Xiaopeng He
  Xiaopeng He LinkedIn Profile  Xiaopeng He Twitter Account  Xiaopeng He News  Xiaopeng He on Facebook
President
Deli Zhao
  Deli Zhao LinkedIn Profile  Deli Zhao Twitter Account  Deli Zhao News  Deli Zhao on Facebook
Vice President
Tan Wang
  Tan Wang LinkedIn Profile  Tan Wang Twitter Account  Tan Wang News  Tan Wang on Facebook
Vice President
Congwei Zheng
  Congwei Zheng LinkedIn Profile  Congwei Zheng Twitter Account  Congwei Zheng News  Congwei Zheng on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/23/2021: Humanising Autonomy venture capital transaction
Next: 10/23/2021: ReCode Therapeutics venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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