# Cockatoo & Friends Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cockatoo-friends-technologies

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.hisingy.com
- Latest round: Angel (Apr 9, 2024)
- Investors on record: 3

## About

Based in Beijing, China, and founded in 2018, Cockatoo & Friends Technologies Ltd is a game company focusing on providing products and services in the field of drones. The Stargazer crossing machine was launched in 2022 and won the German Red Dot Industrial Design Award. In August 2023, the company organized the finals of the National Youth Drone Competition in Chongqing. By the end of 2023, there were 7 SGLRT stores across the country. In April 2024, Cockatoo & Friends Technologies Ltd closed an angel+ funding.

The company is committed to providing drone products and events. It has three brands including HISINGY, SGLRT, and TCKFILMS. The TCKFILMS provides drone filming and products. HISINGY has completed the research, development, and construction of two product lines for entertainment and education. The Sunray toy crossing machine has been sold on e-commerce platforms. Users can adjust the parameters of the aircraft via smartphones to increase their control of the aircraft.
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The company generates revenue by providing drone products.

The company will use the angel+ funds for the research and development and production of recreational traversing machine sets, the layout of new consumer scenes, and the advancement of various traditional toy offline channels.

## Funding rounds

- Angel, Apr 9, 2024 — Zhencheng Capital, Tech Capital, Initiate Capital
- Seed, Feb 22, 2022 — Zhencheng Capital, Initiate Capital

## Investors

- Zhencheng Capital (https://capitalatlas.ai/funds/zhencheng-capital) — Seed, Angel
- Initiate Capital — Seed, Angel
- Tech Capital — Angel