AERO TRADING GROUP Corp

BRV China-backed eVTOL start-up Zerog closes nearly RMB10 million seed round

BRV China-backed eVTOL start-up Zerog closes nearly RMB10 million seed round Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, recently completed a nearly RMB10 million (USD1.48 million) seed round with BlueRun Ventures China (BRV China) as the sole investor. The financing closes as the Nanjing-based start-up unveils ZG-ONE, its eVTOL aircraft product for low-altitude tourism. The Zerog is the only publicly known eVTOL firm in China that is simultaneously developing eVTOL aircraft with three configurations: multi-rotor, composite wing and tiltrotor. Established in March 2021 by Xiang Jinwu, the Dean of the School of Aeronautic Science and Engineering in Beihang University and a leading academic at the Chinese Academy

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