DJI, the Chinese drone maker, has received US$75 million funding from Accel Partners, a Silicon Valley venture capital which is also investor in Facebook and Dropbox. The deal is concluded at a valuation of US$8 billion, and DJI is in further investment talks with potential partners and investors which are estimated to value the company around US$10 billion.

The Shenzhen-based company previously received two rounds of eight-digit USD investment from Sequoia Capital China and Mansion Capital.

Founded in 2006, the Shenzhen-based company is a global leader in selling commercial and recreational drones, shipping its products to more than 100 countries.  A CICC report shows that DJI accounts for more than 60% of the world’s drone market, with 70% to 80% shipped overseas and the rest to the domestic market.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.