About XAG
XAG is a company based in Tianhe (China) founded in 2007 by Bin Peng and Justin Gong. XAG has raised $247.61 million across 4 funding rounds from investors including SoftBank Vision Fund, Haitou Global and Innovation Works. XAG operates in a competitive market with competitors including DJI, Skydio, ideaForge, Vantage Robotics and Pyka, among others.
- Headquarter Tianhe, China
- Founders Bin Peng, Justin Gong
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Sectors
TechnologyAgriculture Industrial Goods & Manufacturing Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$247.61 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
SoftBank Vision Fund
& 7 more
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Employee Count
Not available
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Funding Insights of XAG
XAG has successfully raised a total of $247.61M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in XAG
XAG has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Vision Fund, Haitou Global and Innovation Works.
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Innovation Works is engaged in venture capital for technology startups.
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Venture capital investments in technology and startups.
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Early-stage tech investments are targeted in China and the US.
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Investor details for XAG
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Investments & Acquisitions by XAG
Investment portfolio details for XAG
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Financial Statements - XAG
Detailed financials for XAG
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Xag Comparisons
Peer comparison for XAG
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Competitors of XAG
XAG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DJI, Skydio, ideaForge, Vantage Robotics and Pyka, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-utility drones are developed for agriculture and filmmaking sectors.
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Autonomous drones, software, and accessories are manufactured for various sectors.
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Developer of unmanned aerial vehicles
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Unmanned aircraft systems are developed for government and business clients.
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Fixed-wing aerial vehicles are manufactured for autonomous crop spraying.
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Conducts R&D on, and markets, drones and robotics-based technologies.
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Detailed competitors of XAG
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Latest news on Xag
Complete news archive for XAG
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Frequently Asked Questions about XAG
XAG was founded in 2007 and raised its 1st funding round 7 years after it was founded.
XAG is headquartered in Tianhe, China. It is registered at Tianhe, Guangdong, China.
XAG is a funded company, having raised a total of $247.61M across 4 funding rounds to date.
XAG was founded in 2007 in Tianhe, China, within the agricultural technology sector. Smart machinery and related technologies are developed and manufactured, including drones for spraying, seeding, and transportation; self-driving equipment; and systems for water and fertilizer management. Operations focus on automation to address labor shortages and environmental challenges, with solutions provided across farming processes in various geographies.
XAG has 8 investors. Key investors include SoftBank Vision Fund, Haitou Global, Innovation Works, GL Ventures, and Yuexiu Financial Holding Group.