Shenzhen Capital Group Leads $23M Venture Round In Drone Maker Flypro

Shenzhen Capital Group Co., Ltd. has led a RMB150 million (US$23 million) new round of financing in Shenzhen-based drone maker Flypro Aerospace Technology Co., Ltd., according to Chinese media reports. The round follows a RMB80 million (US$12.5 million) series A completed in November 2015 led by an investment arm of Chinese conglomerate Yihua Enterprise (Group) […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network