Chinese startup offers large cargo drones eyeing demand surge

AirWhiteWhale devices ship heavy loads at less cost than piloted aircraft

Chinese startup AirWhiteWhale expects e-commerce will continue to spread to smaller cities, boosting demand for air shipments. (Photo courtesy of the company)

ZHANG LIN, 36Kr

January 22, 2023 19:00 JST

BEIJING -- Chinese cargo drone startup AirWhiteWhale plans to raise between 100 million yuan and 150 million yuan ($14.7 million and $22.1 million). The fresh capital will be used for design, research and development, and bolstering its workforce, as well as for product trials and component testing.