TCab Tech Closes Hundreds of Millions of RMB in Series B Financing | BlueRun Ventures
The development of the low-altitude economy has reached a new milestone.
TCab Tech announced the completion of a Series B financing round worth several hundred million RMB, jointly invested by Hongtai APlus, Antai Fund, and the Wanzhi District State-owned Investment Group. The completion of this round marks a new milestone for TCab Tech's development in the low-altitude economy sector. BlueRun Ventures was an investor in TCab Tech's seed round and has continued to invest in subsequent rounds. As part of its future development plans, TCab Tech will establish a final assembly manufacturing plant in Wanzhi District, Wuhu City, Anhui Province. This important progress on TCab Tech's path toward industrialization will also add new momentum to Wuhu City's low-altitude economy industrial chain. The city of Wuhu and Wanzhi District will provide TCab Tech with comprehensive support covering land use, funding, and application scenarios to accelerate the industrialization of the E20 eVTOL program.
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