Jun Yi Technology has received tens of millions of yuan in Series C funding, with participation from local state-owned assets in Hangzhou.

date
17/11/2025
Sina Technology has exclusively learned that Hangzhou Xunyi Network Technology Co., Ltd., a low-altitude logistics company, has recently completed tens of millions of yuan in C+ round financing. This round of investment was jointly funded by Hangzhou Low-Altitude Industry Development Limited Company and Zigong Tonghang Industrial Development Equity Investment Fund Partnership Enterprise. Public data shows that Hangzhou Low-Altitude Company is a wholly-owned state-owned company under Hangshi Group, established and formed in May 2024. The Zigong Tonghang Industrial Development Equity Investment Fund was mainly established by Zigong Chuangfa Group and Zigong Hangtou Group, focusing mainly on aerospace industry investment. Both investors are "local state-owned" background institutions. According to informed sources, the funds raised in this round of financing will mainly be used to accelerate product research and development, manufacturing, and expand market network. In the future, Hangzhou Low-Altitude Company will collaborate with Xunyi Technology to open 6 to 8 consumer drone delivery routes in Hangzhou city, jointly exploring urban long-distance logistics delivery models.