What’s the deal? Xi’an Lingkong Electronic Technology, a Chinese counter-drone systems developer, has raised 200 million yuan (about $29.7 million) in a Series E round. The funding values the company at 3 billion yuan. Investors include Southern Industrial Fund, Chuanfa Guiding Fund, CCB Investment, and Zigong General Aviation Industry Fund.
Why now? The round lands as counter-drone technology…
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