Loon Innovations
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Loon Innovations - overview
Established
2022
Location
Shenzhen, Guangdong, China
Primary Industry
Aerospace
About
Based in Guangdong, China, and founded in 2022, Shenzhen Qianniao Innovation Technology Co. , Ltd. , trading as Loon Innovations, is a developer of cross-medium (air-sea) vehicles, specializing in the independent R&D, manufacturing, sales, and technical training of amphibious drones. In September 2026, Loon Innovations raised an Angel funding led by Oriza Holdings, with participation from Zhuhai Hi-tech Venture Capital.
The company’s drones, designed for operations spanning both air and water, are widely applicable across various sectors such as the marine industry, aquatic environmental management, smart water cities, national defense, security, inspection, and emergency response. The company’s revenue is generated by providing amphibious (air-water) drones. The Angel funding round will primarily be used to deepen the development of core technologies for cross-medium vehicles, accelerate the commercial deployment of products in typical application scenarios, and develop consumer-grade products.
Current Investors
Oriza Holdings, Zhuhai Hi-tech Venture Capital
Primary Industry
Aerospace
Sub Industries
Aerospace, Defence
Verticals
Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Loon Innovations - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Angel | Completed | Loon Innovations | - |
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