Grand Flight leads $15m round for China urban air mobility player
Shanghai-based TCab Tech has raised CNY 100m (USD 14.7m) in a pre-Series A round led by Grand Flight, an industrial investment fund mainly initiated by Far East Horizon.
Other new investors include Kunlun Capital and Korea-based KIP Capital, while the likes of BlueRun Ventures and Decent Capital re-upped. Founded by a group of engineers in 2021, TCab Tech takes its...
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