Forbes
The year got off to a big start, with one of the more interesting startups around — a Chinese drone maker named EHANG — getting funding to the tune of $10 million from US and China venture investor GGV Capital and two prominent angel investors, Nick Yang and Xiaoping Xu.
Derrick Xiong, a co-founder of EHANG, is on a mission to make personal drones mainstream. The first rounding funding should be a boost for the innovative startup, which got its start through a crowd-funding campaign on Indiegogo last November. EHANG raised $600,000 on Indiegogo for its so-called Ghost Drone product.
The Ghost Drone has its innovations. It’s controlled by a smartphone app, and a tilt control feature lets users to control their Ghost Drones by tilting their smartphone. Take off, hover, return and land are all pre-programmed on the app and the Ghost Drone doesn’t require any assembly – talk about Chinese ingenuity!
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