# Foyoung

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.foyoungdrone.com
- Latest round: Series A (Mar 17, 2022)
- Investors on record: 5

## About

Based in Shanghai, China and established in 2018, Foyoung is an unmanned aerial vehicle  (UAV) fully automatic flight system provider. At present, it has the MindSky series of automatic flight systems and MindCube series of automatic airports are used to the filed of patrol inspection scenarios, including traffic, and infrastructure patrol. In 2020, it won the 5G networked unmanned aerial vehicle certification and the China unmanned system conference emerging brand award. Foyoung has established cooperation with hundreds of well-known companies, including DJI, Grid, China Southern Power, Ali, Huawei.

It provides UAV automatic airport that can realize UAV takes off with one button, automatically returns, automatically changing power, and charging. It also developed  automatic flight system software that includes ground control system, cloud control system, airborne artificial intelligence control system, used for different flight  patrol inspection scenarios, achieved control remotely for pointing flight, target recognition and tracking.

The company plans to develop algorithms and product.

## Funding rounds

- Series A, Mar 17, 2022 — Zhonghuijin Group
- Series B, Sep 9, 2021 — China Prosperity Capital, Turing Capital, Yonghui Capital
- Series A, May 15, 2020 — Hangzhou Envision Investment, Zhonghuijin Group

## Investors

- Hangzhou Envision Investment (https://capitalatlas.ai/funds/hangzhou-envision-investment) — Series A
- Zhonghuijin Group — Series A
- China Prosperity Capital (https://capitalatlas.ai/funds/china-prosperity-capital) — Series B
- Turing Capital (https://capitalatlas.ai/funds/turing-capital) — Series B
- Yonghui Capital (https://capitalatlas.ai/funds/yonghui-capital) — Series B