# CHASING

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

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Website: www.chasing.com
- Total disclosed funding: $15M
- Latest round: Series C (Mar 11, 2026)
- Investors on record: 5

## About

Based in Shenzhen, China and founded in 2016, Chasing-Innovation Technology Co., Ltd., trading as CHASING, is a developer of unmanned underwater vehicles and micro-ROVs. Its offline shop opened all over the world. It has built 3 factories, of which the portable underwater robot production and manufacturing base is located in Ganzhou. It has set up subsidiaries in Beijing, Chengdu, Kunming, etc. As of 2022, it has won more than 50 awards. In May 2021, the small five-thruster underwater drone "GLADIUS MINI S" was launched. In February 2020, its CHASING DORY won the iF Design Award. The company acquired certifications such as Specialized, Refined, Featured and Original SMEs in 2023. In March 2026, CHASING raised approximately CNY 100 million in Series C funding led by Liwan Capital.
The company's products can be categorized into consumer-grade underwater drones, light industrial-grade and professional-grade underwater micro-ROVs, and portable smart unmanned equipment. It has developed 6 generations of products, which contain characteristics of low cost, high performance, and outstanding portability. It has been widely applied in underwater observation and photography, aquaculture, underwater defense and rescue, hull inspection, scientific exploration, environmental protection testing, water conservancy, and hydropower. Its products are delivered in over 80 countries.
The company generates revenue by doing R&D, and providing underwater robot products and solutions.
The Series C funding raised in March 2026 will primarily be used for core technology R&D, key product iteration, supply chain and manufacturing system upgrades, domestic and international market expansion, and the development of industry scenario solution capabilities.

## Funding rounds

- Series C, Mar 11, 2026, $15M — Liwan Capital
- Series A, Nov 3, 2020 — Shenzhen Capital Real Estate Fund
- Angel, Aug 18, 2017 — Yinxinggu Capital, Hofan Venture Capital, Jike Angel

## Investors

- Yinxinggu Capital (https://capitalatlas.ai/funds/yinxinggu-capital) — Angel
- Hofan Venture Capital (https://capitalatlas.ai/funds/hofan-venture-capital) — Angel
- Jike Angel — Angel
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- Liwan Capital (https://capitalatlas.ai/funds/liwan-capital) — Series C