Intelligent civil drone manufacturer CEEWA receives undisclosed Series B in millions of USD
CEEWA
Founded in: 2015
Financing status: 2017 Series B round amounting to tens of millions in RMB (a few millions USD)
Intelligent civil drone manufacturer CEEWA on Tuesday received undisclosed Series B in millions of USD for the expansion of its technology team and to increase investment on developing and manufacturing new civil drones.
CEEWA is an intelligent civil drone manufacturer that produces intelligent civil drones with cutting edge technology and mobile applications. Its civil drones can be used in anti-terrorism management, power line inspection, environmental monitoring, fire rescue, and so on. The battery of its civil drones can last four to five hours with a 400 meter communication range, as well as some useful features including high definition displays on sports watches and mobile apps, waterproof and dustproof, and so on.
Founded in 2015 in Nanjing, the company is led by a group of brilliant research and development experts. CEEWA’s core competitiveness lies in-flight systems for drones, stabilization gimbal, location tracking, and so on.
This Series B financing round was led by Yunqi Partners, and the capital will be used to boost its sales of civil drones through more investment on the research and development of its civil drone technology as well as building new experimental bases.
Short mobile video marketing platform Shushi receives USD 8.7 million for Series A
Shushi
Founder: Xu Hao
Founded in: 2014
Financing status: RMB 60 million (USD 8.7 million) Series A financing in 2017
Short mobile video marketing platform Shushi on Tuesday receives USD 8.7 million for its Series A round to create more mobile videos to fulfil its customers’ marketing needs.
Shushi is a short mobile video marketing platform that produces customized short videos for its business partners to boost their marketing influence. As more and more people prefer watching videos on their mobile phones, business owners are now investing more on short mobile videos for advertisements in order to acquire higher brand exposure on social media.
Founded in 2014 in Shanghai, it has so far made short marketing videos for over 4,000 business partners including Baidu, Tencent, NetEase and Alibaba. Currently, its platform has accumulated more than 15 million users, and the amount of playbacks for each short mobile video made by Shushi averages at about 2 million.
This Series A financing round was led by ANTS, and Shushi plans to use this fund to create more mobile videos on its platform to attract new users as well as business partners that want to put short marketing videos on its platform.
(Top photo from 58pic.com)
