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Zero Gravity Aircraft Industry
Zero Gravity specializes in manned eVTOL aircraft and develops various new energy aircraft, including electric fixed-wing and vertical take-off models, to advance the green aviation industry
About Zero Gravity Aircraft Industry
Zero Gravity Aircraft Industry (also known as ZeroG) is a Chinese enterprise focused on the research and manufacturing of electric vertical take-off and landing (eVTOL) aircraft. Founded in March 2021, the company is headquartered in Hefei's High-Tech Zone, with additional branches for research and development, operations, and production in cities like Nanjing, Shenzhen, and Wuhu. The initial five-person team primarily originated from Nanjing University of Aeronautics and Astronautics. The company was established by founder and CEO Li Yiheng, who was recognized on Fortune's China 40 Under 40 list for potential business elites in 2025. Co-founder Shi Hong, a serial entrepreneur and pilot, joined in early 2021 to manage commercial planning and operations. Zero Gravity has successfully completed several funding rounds, including a Series A+ round in late 2024 that raised over ¥100 million (approximately $13.8 million).
The company's business model centers on developing a diversified portfolio of new energy aircraft to serve the burgeoning low-altitude economy. Its revenue strategy involves the sale of these aircraft to various clients for applications such as tourism, flight training, and special operations. Zero Gravity is actively developing a complete industrial ecosystem, which includes creating green aviation flight camps, to promote its eVTOL and electric fixed-wing aircraft. The target markets are broad, initially focusing on scenic tourism and flight training, with long-term plans to enter the urban and intercity air mobility markets. Strategic partnerships are a key component of its commercialization strategy, having secured agreements for aircraft sales and distribution in international markets, including Africa.
Zero Gravity is concurrently developing three generations of aircraft to maintain a competitive edge. Its product line includes the RX1E-A, a two-seat electric fixed-wing aircraft that has already received its airworthiness certification and is being delivered to customers for flight training and personal recreation. In the eVTOL segment, the company is advancing two primary models. The ZG-ONE, named "Quefei" (Magpie Fly), is a two-seat, multi-rotor eVTOL designed for low-altitude tourism and short-distance transport. This model features a 270° panoramic window, a whole-aircraft ballistic parachute for safety, and a rapid 5-minute battery-swapping system. The second model is the ZG-T6, a more advanced six-seat tilt-rotor eVTOL intended for future urban and intercity transportation. This aircraft is designed with a cruise speed of 250 km/h and a range of 300 km. The Civil Aviation Administration of China (CAAC) accepted the type certificate application for the ZG-ONE in September 2024, with certification anticipated by the end of 2025, enabling commercial operations to commence in 2026.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- China
- Open positions
- None listed
- Dealroom signal
- 25.3/100
- Industry
- Robotics, Transportation
- Sub-industry
- Autonomous & Sensor Tech, Vehicle Production
- Sector
- Transportation, Vertical Takeoff and Landing, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company, latest Aug 2025
- Capital deployed
- $0
- Preferred round
- SERIES A
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jun 2026 | $69M | $688M | Huaan Securities · Hefei Industry Investment Group · FG Venture · Seas Capital | ↗ |
| SERIES AOther financing | Mar 2026 | $21M | $619M | Wuxi Innovation Investment Group | ↗ |
Growth signals
Latest recorded traffic for Zero Gravity Aircraft Industry is 570 monthly website visits, up 111.1% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
- LCLanchi Venture Capital
- QCQifu Capital
- LCLenovo Venture Capital
- HCHefang Capital
Series A19 investors entered at this stage
Lanchi Ventures- NENanjing Traffic Engineering
- HFHefei Angel Fund
- HCHefei Hi-Tech Venture Capital
- CVChiFortune Venture
Guohua Capital- YCYunsheng Capital
- HVHKUST Silicon Valley
Feixi Chancheng Investment Holding- SCSansheng Venture Capital
Yunshi Capital
CITIC Construction Capital- FCFuchun Capital
Wuxi Innovation Investment Group- HGHefei Industry Investment Group
Hefei Innovation Investment
Huaan Securities
FG Venture
Seas Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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