Gasgoo Munich- Aerofugia, a Chengdu-based eVTOL (electric vertical takeoff and landing) manufacturer, announced on Feb. 2 that it has closed a new funding round worth nearly 1 billion yuan. The deal marks the largest single investment in China's low-altitude economy since the start of 2026 — and it's the company's second independent market financing in just three months.
That brisk fundraising pace signals strong investor confidence in Aerofugia's market position and commercial outlook.
Image Source: Aerofugia
This funding signals Aerofugia's shift into a critical sprint phase: moving from technical verification to scaled delivery. Capital will primarily fuel the final push for airworthiness certification of its flagship AE200 series eVTOL, ramp up production at its global headquarters, and deepen its low-altitude mobility business model. The goal is clear: moving the product from the lab to large-scale commercial operation.
As a leader in China's low-altitude economy, Aerofugia has built end-to-end capabilities spanning R&D, airworthiness, manufacturing, and operations. Public records show substantial progress in 2025: the first aircraft rolled off the assembly line, the AE200-100 model completed verification flights for the airworthiness assurance phase, and the first phase of its global headquarters topped out.
On the market front, Aerofugia has secured cumulative orders exceeding 1,000 units. Beyond that, it launched the country's first collaborative demonstration integrating civil aviation with low-altitude travel and conducted test flights along the Bashu-Han low-altitude tourism corridor — actively exploring viable paths to commercialization.
Wu Hao, general manager at lead investor CSCI, noted that the investment aligns with the national strategy to develop "new quality productive forces." He expressed confidence in Aerofugia's technological breakthroughs and pledged to connect the company with supply chain resources to help build an industry benchmark.
Securing nearly 1 billion yuan undoubtedly injects strong momentum into Aerofugia's push to clear the critical hurdle of airworthiness certification. As the low-altitude economy is elevated to a national priority and recognized as a trillion-yuan growth sector, capital is increasingly concentrating on top-tier companies with solid technology and clear roadmaps.
About Seeds Discovery:
Gasgoo's "Seeds Discovery" column aims to build a service platform connecting startups, ecosystem partners, investors, and local governments — empowering the entire supply chain. Since its inception, the column has focused on identifying standout companies, technologies, and business models that are shaping the intelligent transformation. According to Gasgoo, nearly every startup featured in "Seeds Discovery" has successfully secured resources within the industrial ecosystem.
