Recently, Shenzhen DAMODA Intelligent Control Technology has successfully completed a Series A financing round worth hundreds of millions of yuan. This round was led by Cowin Capital, with participation from CMBC International, China Merchants Venture Capital, Shenzhen High-Tech Investment, and CaiXin Group. Gengxin Capital served as the exclusive strategic financial advisor. The funds raised will be used to intensify the R&D of AI product lines and expand into overseas markets.
Founded in 2016, Shenzhen DAMODA Intelligent Control Technology specializes in the research, development, production, sales, and service of automated drone swarm performance systems. The company is a national "specialized, refined, unique, and innovative" "little giant" enterprise, holding over 100 core independent intellectual property rights. Its core product is the automated drone swarm system, which includes drones, flight control systems, intelligent drone storage boxes, and ground stations as integrated hardware and software equipment.
In September 2024, Shenzhen DAMODA Intelligent Control Technology achieved the world record by launching 10,197 drones simultaneously, breaking two Guinness World Records for "the most drones launched simultaneously by a single computer" and "the largest aerial formation created by drones." To date, Shenzhen DAMODA Intelligent Control Technology has completed over ten thousand drone swarm performances, with a combined online and offline audience exceeding 5 billion views, and has been featured five times on CCTV's Spring Festival Gala.
As the legal advisor to Shenzhen DAMODA Intelligent Control Technology, Llinks provided professional legal services for this financing round, leveraging its extensive experience in investment and financing projects.
Llinks Engagement Team:
Candice Du, Partner
Diane Deng, Charon Qiu, Associate
