DJI seeks funding, continues to rapidly expand

28th April 2015 - 11:14 GMT | by Gordon Arthur in Hong Kong

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SUAS manufacturer DJI is reported to be seeking hundreds of millions of dollars in venture funding in a bid to achieve a valution of US$10 billion, a figure that would make it one of the most valuable start-ups in the world.

The Shenzhen-based company already has a 70% share of the global civilian market with its range of remote-controlled rotor craft. Although DJI is remaining silent on this report broken by Forbes about its funding, the company is apparently in advanced discussions with Silicon Valley firms amongst others regarding investment.

DJI expects its sales to at least triple this year

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Author

Gordon Arthur

Gordon Arthur was the Asia Pacific editor for Shephard Media. Born in Scotland and educated …

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