‌Want2Fly Secures Tens of Millions in Angel+ Round Financing to Accelerate eVTOL R&D and Application Deployment

Electric vertical takeoff and landing (eVTOL) developer and manufacturer ‌Want2Fly‌ recently announced the completion of a tens-of-million-yuan Angel+ round financing, led by Shenzhen Longhua Capital. This follows its initial Angel round funded by Hefei Yaohai District Angel Investment Fund, marking another critical capital infusion within a short period1. The proceeds will fuel the next-phase R&D of eVTOL products, airworthiness certification processes, and deepen application scenarios such as mountainous logistics.

Corporate Profile ‌
Founded in 2021, Want2Fly adheres to a "cargo-first, passenger-later" philosophy, aiming to build an industrial ecosystem centered on "road-air synergy and urban air mobility (UAM)". Its core team possesses extensive experience in aircraft design and airworthiness certification, including leading the development and certification of China’s first fixed-wing large cargo drone system and serving as chief designers for two manned aircraft models.

Product Development ‌

• JX1022 Cargo eVTOL‌: The flagship product features pure-electric and hybrid-electric configurations, with industry-leading range extender technology. It achieves a maximum flight duration of 120 minutes and a payload capacity of 500kg, outperforming domestic counterparts in energy efficiency and endurance. The prototype completed its maiden flight in June 2023, with its Type Certificate (TC) application accepted in 2024.
• JX1022 Passenger eVTOL‌: Currently the industry’s largest multi-rotor passenger-carrying eVTOL by seating capacity, it has initiated market expansion in China, the Middle East, and Southeast Asia.

Commercialization Strategy
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Focusing on cost-effective solutions for mountainous logistics in power engineering and infrastructure projects, Want2Fly’s products simplify maintenance and significantly reduce operational costs compared to traditional methods. Partnerships with utility service providers are underway, with scaled orders already secured and annual revenue projected to approach 100 million yuan in 2025.