# TCab Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tcab-tech

- Industry: Aerospace
- Headquarters: Shanghai, China
- Website: www.tcabtech.com
- Total disclosed funding: $42M
- Latest round: Series B (Nov 7, 2025)
- Investors on record: 8

## About

Based in Shanghai, China, and established in 2021, TCab Tech operates as an aircraft manufacturing company that focuses on the production and sales of manned electric vertical take-off and landing aircraft. The Founder, Yongwei Huang, used to work in Terrafugia of Geely Group and was responsible for the electric vertical take-off and landing manned aircraft project. The Co-founder, Jun Jiang, worked in Haifengfei Aviation Technology and served as senior vice president. The company has a branch office in Singapore. In March 2025, it closed a series B+ funding from new investors Chifortune Venture Capital and Grand Neobay Venture Capital.

The company's main business is the development and production of manned electric vertical take-off and landing aircraft. Its main product is the E20 electric vertical take-off and landing (eVTOL), which has five smart cockpits that include one pilot and four passengers. It can carry out point-to-point transportation and flight from the roofs of buildings, standard heliports, and grasslands, with a 260km/h maximum flight speed. Products can be used in low-altitude tourism, air taxis, emergency logistics, medical rescue and other fields.

The company generates revenue by providing manned electric vertical take-off and landing aircraft.

## Funding rounds

- Series B, Nov 7, 2025, $42M — Meridian Capital, Puhua Capital, Peakvest Investment
- Series B, Mar 27, 2025 — Chifortune Venture Capital, Grand Neobay Venture Capital
- Series B, Oct 31, 2024 — Hongtai Aplus, Wuhu Antai Investment Guidance Fund Management, Wanzhi Guotou

## Investors

- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Series B
- Wuhu Antai Investment Guidance Fund Management — Series B
- Wanzhi Guotou — Series B
- Chifortune Venture Capital (https://capitalatlas.ai/funds/chifortune-venture-capital) — Series B
- Grand Neobay Venture Capital — Series B
- Meridian Capital — Series B
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series B
- Peakvest Investment — Series B