题图：AI生成 2025年7月，低空经济迎来融资爆发时刻——全月共发生35起融资事件，融资金额达29.94亿元，创下开年以来单月融资数量、金额双高峰。从轮 次分布看，战略投资主导、多轮次协同；地域格局上，头部区域引领与多地参与并存；热点领域聚焦无人机、eVTOL及全产业链；融资体量呈现 分层布局……一系列数据勾勒出低空经济融资全景，展现资本驱动下产业生态加速成型的活力与潜力，为解析低空经济发展脉络提供关键切口。 制图：圆象科技；数据来源： IT桔子 2025年7月低空经济融资动态呈现鲜明轮次特征。数据显示，战略投资以9起融资事件领跑，成为当月低空经济领域资本聚焦的关键轮次，反映出 行业头部整合、生态构建等战略布局动作频繁，企业借助战略投资加速资源协同与业务拓展。 A轮、Pre-A轮、天使轮均为5起，说明早期投资活力充沛，市场对低空经济创新项目的培育与挖掘持续发力，初创企业在技术研发、模式探索阶 段获资本关注，为行业发展注入源头活水。 A+轮、B轮各3起，D+轮2起，B+轮、E轮、种子轮均1起，展现出低空经济融资轮次的多元性，从早期孵化到成长期、成熟期企业，不同发展阶 段的资本支持体系逐步完善，既为初创企业提供 ...

Group 1 - The signing ceremony for the low-altitude drone application scenario in Jishui County marks the official entry of the low-altitude economy project into the commercialization phase, injecting strong new momentum into the county's low-altitude economic development [1][3] - The collaboration establishes a mechanism of "government-enterprise cooperation, resource sharing, and complementary advantages," which is expected to enhance the efficiency and safety of emergency rescue operations [3] - The intelligent drone system deployed by Jinen Green Technology Company includes four automatic charging drones capable of conducting autonomous route inspections across Jishui urban area, generating early warnings and inspection reports [3] Group 2 - The system integrates 11 intelligent algorithms for various applications, including construction site inspections, water area inspections, urban management, and traffic management, making city management more efficient, intelligent, and precise [3] - The partnership aims to combine the technological advantages of enterprises with government application scenarios, promoting the intelligent development of the emergency rescue system and establishing a replicable standardized solution for county governance [3] - The initiative also includes training for a skilled workforce in drone operation, which is essential for the long-term development of the firefighting and rescue sector [3]

Core Insights - In May 2025, the low-altitude economy sector experienced 20 financing events, totaling 1.173 billion RMB, marking the second-highest financing month of the year after March [2][16] Financing Overview - A total of 14 financing events in May were from early-stage rounds (Angel and A rounds), accounting for 70% of the total [5] - The most frequent financing rounds were Angel rounds (8 events) and A rounds (6 events), leading the first tier, while B, C+, D, D+, E rounds, and strategic investments each had 1 event, placing them in the second tier [5] Regional Distribution - Nine regions across the country participated in financing activities, with the focus on Guangdong, Jiangsu, Beijing, and Zhejiang, which collectively accounted for 70% of the events [8] - Jiangsu, Beijing, and Sichuan saw an increase in financing events compared to April, with Jiangsu and Sichuan each adding 1 event and Beijing adding 2 [8] - Guangdong and Jiangsu led with 4 events each, while Zhejiang and Beijing had 3 events each, and Sichuan had 2 events [8] Financing Amounts - In May, there was 1 financing event at the billion RMB level (5% of total), 7 events at the million RMB level (35%), and 12 events with undisclosed amounts [11] - Compared to April, both the number and amount of financing increased, with million RMB financing remaining a popular tier [11] Sector Focus - Financing hotspots in May were concentrated in the upstream and midstream sectors, including areas such as aviation engines, optoelectronic devices, low-altitude safety systems, and eVTOLs [14] - The downstream sector included aerial digital imaging and integrated scenario service providers, indicating a diversified trend across the entire industry chain [14] Notable Financing Events - Key financing events included: - Yunsheng Intelligent raised 500 million RMB in a D round [15] - Shangfei Aviation and Weifen Zhifei each raised several million RMB in Angel rounds [15] - Muwu Intelligent, an aerial digital imaging service provider, also secured funding in an A round [15] Conclusion - Overall, the financing situation in the low-altitude economy in May showed an increase compared to April, with the number and amount of financing being the second strongest of the year after March [16]

Economic Overview - The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) has become one of the most open and economically vibrant regions in China, with a total economic output exceeding 14.5 trillion yuan in 2024, an increase of approximately 3.3 trillion yuan since 2018 [1] - The GBA ranks first globally in the annual growth of invention patent disclosures [1] Hong Kong's Role - Hong Kong is focusing on enhancing its role as a "super connector" and "precision connector" to contribute to the national high-level opening-up system [2] - The Hong Kong government is actively working to integrate into the national development strategy, deepen regional cooperation, and promote industrial upgrading and technological innovation [2] - Despite global trade tensions, Hong Kong's financial system remains robust, with stable currency and interest rates, and orderly market operations [2] Macao's Integration - Macao is encouraged to embrace the GBA and actively participate in national development, with local youth being urged to venture beyond their comfort zones [3] - The establishment of the Hengqin-Macao cooperation zone has attracted numerous international talents and capital, enhancing economic collaboration [3][6] Innovation and Technology - Shenzhen's UBTECH Robotics showcases the strong supply chain capabilities of the GBA, with over 90% localization in core components for humanoid robots [4] - The Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneurship Base has incubated 1,450 entrepreneurial teams, including many from Hong Kong and Taiwan [4] - The GBA is home to over 40,000 innovative entities, with significant R&D investment reaching 223.66 billion yuan in 2024 [7] Cross-Border Collaboration - The Hengqin cooperation zone has seen a GDP of 53.848 billion yuan in 2024, with a 5.3% year-on-year growth, and a 14.1% increase in Macao-invested enterprises [6] - The GBA's major cooperation platforms, including Hengqin, Qianhai, Nansha, and He Tao, are continuously enhancing regional development [6] Entrepreneurial Ecosystem - The Hong Kong Science Park serves as a hub for over 2,000 startups and tech companies, contributing significantly to the region's innovation landscape [8] - The Macao Youth Entrepreneurship Incubation Center supports local startups, such as the drone company founded by local youth, facilitating their growth and market entry [8][9]