Dream Fly

AerospaceSeries AHangzhou, China

Latest round

Series A

Last raised

Sep 2026

Total raised

$28M

Investors

13

About Dream Fly

, doing business as Dream Fly, is an aircraft developer that focuses on the research and development of hybrid tilt-rotor vertical take-off and landing aircraft (eVTOL). The founder of the company, Wenkuan Cai, who graduated from Tsinghua University and has 15 years of experience in the aviation industry. The core team members of Dream Fly come from Northwestern Polytechnical University, Nanjing University of Aeronautics and Astronautics, and other universities. The company focuses on the development of hybrid tilt-rotor vertical take-off and landing aircraft. Products include the DF600 Jinghong ton-class hybrid tilt-rotor unmanned eVTOL and the DF3000 Youlong manned eVTOL. The DF600 is mainly aimed at scientific research flight, reconnaissance and surveillance, and material transportation. The DF600 has completed the full process test flight of the tilt-rotor transition in 2024. The company generates revenue by providing eVTOL aircraft, such as DF600 tom-class hybrid tilt-rotor unmanned eVTOL and DF3000 manned eVTOL.

Who invested in Dream Fly

13 investors across 3 rounds

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Funding rounds

  1. Series A

    Sep 3, 2026

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Dec 8, 2025

    Amount

    $28M

    Investors

    Locked

  3. Seed

    Sep 11, 2023

    Amount

    Undisclosed

    Investors

    Locked

Questions about Dream Fly

Who invested in Dream Fly?

Dream Fly has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Dream Fly raised?

Dream Fly has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Dream Fly last raise money?

Dream Fly's most recent round on record is a Series A, in Sep 2026.

What does Dream Fly do?

, doing business as Dream Fly, is an aircraft developer that focuses on the research and development of hybrid tilt-rotor vertical take-off and landing aircraft (eVTOL).

Where is Dream Fly headquartered?

Dream Fly is headquartered in Hangzhou, China.

Which VCs invest in companies like Dream Fly?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back aerospace companies at Dream Fly's stage. Their profiles are linked below.

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