# Antwork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/antwork

- Industry: Logistics & Distribution
- Headquarters: Hangzhou, China
- Website: www.antwork.link
- Total disclosed funding: $318M
- Latest round: Series B (Nov 17, 2022)
- Investors on record: 8

## About

Founded in 2015 and based in Hangzhou, China, Hangzhou Antwork Technology Co, Ltd, d.b.a Antwork is a technology company that develops drones for delivery operations, with a wholly-owned subsidiary, Send Bar Aviation, which has obtained the urban scene drone operation license. In March 2021, the drone medical emergency blood delivery network was operated. It has established partnerships with KFC, ZTO, Suning, etc. In November 2025, Antwork Ltd. closed a Series C+ funding from new investors Hangzhou Low Altitude Industry Development Co., Ltd and Sichuan Hexin Zhenxing Equity Investment Fund Management Co., Ltd.

The company has applied in the fields of urban goods distribution and medical treatment and implemented corresponding solutions. In terms of products, it has launched an unmanned hub station, Rh1, which is equipped with a UAV apron and 6 container spaces and can meet the needs of goods delivery, transit, and temporary storage. In terms of UAV, it has developed UAV TR7S and RA3, which have the functions of autonomous path planning, automatic takeoff, and landing.

The company generates revenue by providing automated air cargo services and selling its drone technology and related systems to customers. 

The Series C+ funding raised in November 2025 will be used to optimize its technology system, expand its urban aerial logistics applications, and improve delivery efficiency and coverage.

## Funding rounds

- Series B, Nov 17, 2022 — T-Capital
- Series B, Nov 15, 2021, $314M — Unity Ventures, Thor Capital
- Series A, Aug 17, 2018, $4.4M — Hong Shan, Gobi Partners, Unity Ventures, Panda Capital
- Series A, Jun 21, 2018 — Hong Shan
- Series A, Jun 1, 2017 — HSG
- Angel, Apr 1, 2016 — TiSiWi, Unity Ventures

## Investors

- TiSiWi (https://capitalatlas.ai/funds/tisiwi) — Angel
- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Angel, Series A, Series B
- HSG (https://capitalatlas.ai/funds/hsg) — Series A
- Hong Shan — Series A
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Panda Capital (https://capitalatlas.ai/funds/panda-capital) — Series A
- Thor Capital (https://capitalatlas.ai/funds/thor-capital) — Series B
- T-Capital — Series B
