Yuneec Secures $60,000,000 New Funding

  • Feed Type
  • Date
    9/11/2015
  • Company Name
    Yuneec
  • Mailing Address
    5555 Ontario Mills Parkway Ontario, CA 91764 USA
  • Company Description
    With hundreds of patents held, Yuneec’s core technologies power manned aircraft, Typhoon and Tornado drones and its market-leading line of radio controlled aircraft for the hobby market.
  • Website
    http://www.yuneec.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $60,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The companies will collaborate on future products.
  • M&A Terms
  • Venture Investor
    Intel Capital