# DAMODA

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

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.dmduav.com
- Latest round: Series A (Jan 6, 2025)
- Investors on record: 5

## About

Founded in 2016 in Shenzhen, China, DAMODA specializes in drone performance services, executing synchronized aerial displays and light shows. The company was established to cater to the growing demand for technology-driven entertainment. DAMODA is a national specialized and innovative Little Giant Enterprise with more than 100 core independent intellectual property rights. The core technical team comes from Huazhong University of Science and Technology, Central South University, and Nanjing University of Aeronautics and Astronautics. DAMODA has cooperated with Zhuhai Chimelong Ocean Kingdom. As of January 2025, DAMODA closed a series A funding led by new investor Cowin Capital.

DAMODA specializes in drone performance services, specifically executing synchronized drone light shows and aerial displays. Their main offerings include software and hardware- integrated equipment such as drones, flight control systems, drone smart storage boxes, and ground stations. They serve a diverse clientele, including major brands and landmark events, such as the official drone performance partner for the China Pavilion at the 2020 Dubai Expo. 

The company generates revenue by developing and selling Unmanned Aerial Vehicle cluster automated performance system.

The company will use the funds for expanding overseas market and developing artificial intelligence products.

## Funding rounds

- Series A, Jan 6, 2025 — Cowin Capital, CMB International Asset Management, Shenzhen HTI, China Merchants Venture Investment Management, Changde Caixin Financial Holding Group

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series A
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series A
- China Merchants Venture Investment Management (https://capitalatlas.ai/funds/china-merchants-venture-investment-management) — Series A
- Changde Caixin Financial Holding Group — Series A