Shanghai Shi Technology received hundreds of millions of yuan in investment, and Hongtai Fund entered the low-altitude economy field for the first time

Shanghai Shi Technology, an eVTOL startup focusing on the low-altitude economy, announced on October 31, Beijing time, that it had received hundreds of millions of yuan in joint investment from Hongtai Fund, Antai Fund, and Wanzhi District State Investment Group. This is the company's fifth round of financing since May 2021, and it is also the first time that Hongtai Fund has invested in an eVTOL startup in the low-altitude economy.