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§ Private Profile · Chengdu, China
Designs and manufactures UAVs and eVTOL aircraft for urban air mobility and logistics, focused on low-altitude travel solutions.
Aerofugia is a Chengdu, China-based aviation company that designs and manufactures electric vertical takeoff and landing (eVTOL) passenger aircraft, low-altitude unmanned aerial vehicles (UAVs), and roadable flying cars for urban air mobility and commercial logistics. Operating as a subsidiary of automotive conglomerate Geely Technology Group, the company integrates assets from Terrafugia and maintains strategic partnerships with Volocopter and Wolong Group to develop its aerial transport ecosystem. The firm has secured over 1,000 commercial orders for its flagship five-seat AE200 aircraft, which recently completed its initial maiden flight and subsequent airworthiness verification testing phases. To support its ongoing manufacturing and certification efforts with the Civil Aviation Administration of China, the enterprise raised over 100 million RMB, or approximately $14 million, in a 2023 Series A funding round. Aerofugia was founded in September 2020 by Guo Liang.
Aerofugia has raised $287.8M across 2 funding rounds.
Aerofugia specializes in low-altitude travel and vehicle-mounted flight, aiming to develop solutions for these segments of the Advanced Air Mobility market.
Aerofugia's headquarters are located in Chengdu, China.
Aerofugia specializes in low-altitude travel and vehicle-mounted flight, aiming to develop solutions for these segments of the Advanced Air Mobility market.
Aerofugia's headquarters are located in Chengdu, China.
Aerofugia has raised $287.8M across 2 funding rounds. Most recently, it raised $144.0M Series C in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 2, 2026 | $144M Series C | CITIC Securities | CAS Star, Green Pine Capital Partners, Luminous Ventures (former Lightspeed China Partners), NEW Alliance Capital, PAN LIN Capital, Panorama Capital, Vertex Ventures China, Yunsheng Capital | Announced |
| Feb 2, 2026 | $143.8M Venture Round | Csci | — | Announced |
The core business of Aerofugia involves the research, development, and implementation of technologies for low-altitude transportation. This includes the integration of flight capabilities into various vehicle platforms, aiming to create innovative forms of aerial mobility. The company's efforts are directed towards addressing the technical challenges and opportunities within the AAM sector.
Aerofugia is dedicated to meeting future mobility needs through its advancements in air technology. Its work extends to providing smart industry solutions, leveraging its specialized knowledge to develop systems that support efficient and sustainable air operations. The company's initiatives contribute to the broader ecosystem of advanced air systems.
Headquartered in Chengdu, China, Aerofugia conducts its operations and development activities from this central location. The company maintains an active role in the technology sector, focusing on the practical application of its research to enhance air mobility capabilities.