# TransFuture Aviation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/transfuture-aviation

- Industry: Aerospace
- Headquarters: Changsha, China
- Website: www.transfutureaviation.com
- Latest round: Angel (Nov 13, 2024)
- Investors on record: 4

## About

Based in Changsha, China and founded in 2023, Changsha Huayu Xianxiang Aviation Technology Co., Ltd., dba TransFuture Aviation, is an aviation technology company that focuses on the research, development and production of tiltrotor eVTOL (electric vertical take-off and landing) aircrafts. Zhiliang Bai, the company's founder and CEO, graduated from Northwestern Polytechnical University. The company has a R&D center in Xi'an, China.

In May 2026, TransFuture Aviation raised over CNY 100 million in pre-series A+ funding from Ant Group, Bi'an Times Technology Holdings and Fosun Capital.

TransFuture Aviation's main product is Honghu Mark 1 eVTOL aircraft equipped with three six-rotor wings and AI vision, capable of achieving a load capacity of 450kg and a cruise speed of 280 km/h. The company also develops HY series unmanned aerial vehicles. The products are used in short-distance travel, tourism, aviation sports, passenger transportation and other fields.

The company’s revenue is generated by developing and providing eVTOL aircrafts.

The company will use the pre-series A+ funding to accelerate the airworthiness certification of the Honghu series eVTOLs, as well as the implementation and innovation of low-altitude travel and commercial scenarios.

## Funding rounds

- Angel, Nov 13, 2024 — Fosun Capital
- Angel, Jan 20, 2024 — Jinbang Capital, Hunan Chasing Fund Management, Xiangjiang Group

## Investors

- Jinbang Capital — Angel
- Hunan Chasing Fund Management (https://capitalatlas.ai/funds/hunan-chasing-fund-management) — Angel
- Xiangjiang Group — Angel
- Fosun Capital (https://capitalatlas.ai/funds/fosun-capital) — Angel