Low-altitude Economy Author:EqualOcean News Updated 2 hours ago (GMT+8)

Wuce Space (武测空间), a Chinese spatial intelligence and low-altitude operations company, has secured a strategic investment from Jiaxing Nanhu Science and Technology Innovation Investment Fund, adding another state-backed investor to its shareholder base as China’s low-altitude economy continues to attract capital and policy support.

wuce space

The investment marks the latest financing milestone for the Shenzhen-based company following several Pre-A+ funding rounds completed in recent years. Financial terms of the transaction were not disclosed. Yun Yue Capital served as the exclusive financial advisor for the deal.

The investor, Nanhu Science and Technology Innovation Investment Fund, operates under the guidance of Jiaxing’s Nanhu District government and focuses on emerging industries including low-altitude economy, artificial intelligence, advanced manufacturing, new energy, quantum technology, and healthcare. The fund is managed by Jiaxing Guangrun Equity Investment Fund Management Co., Ltd., a local investment platform with experience supporting technology-driven enterprises in the Yangtze River Delta region.

Founded by a team with roots in Wuhan University’s surveying, mapping, and remote sensing disciplines, Wuce Space focuses on the intersection of spatial intelligence and low-altitude operations. The company develops technologies and services that support drone-based data collection, three-dimensional mapping, airspace management, and operational services for government and enterprise customers.

According to the company, it has built a spatial intelligence platform supported by large-scale three-dimensional geographic data assets and proprietary software systems designed for low-altitude flight scheduling and operational management. Its business model combines digital infrastructure with operational services, allowing customers to deploy drone solutions across a range of use cases.

Wuce Space’s services are currently used in applications including urban governance, emergency response, infrastructure inspection, disaster prevention, transportation management, and industrial park operations. As local governments and enterprises increasingly explore drone-enabled solutions, demand for technologies that integrate data processing, flight management, and operational compliance has grown rapidly.

The investment reflects broader investor interest in China’s low-altitude economy, a sector that has become a strategic priority in recent years. National and local governments have introduced policies aimed at accelerating the development of drone applications, low-altitude airspace management systems, and related digital infrastructure. The sector is expected to create opportunities across logistics, public safety, infrastructure inspection, environmental monitoring, and smart-city development.

For Wuce Space, the new funding is expected to support further research and development in spatial intelligence technologies, enhance its low-altitude operational capabilities, and strengthen its presence in the Yangtze River Delta region. Jiaxing has emerged as one of several Chinese cities seeking to build industrial clusters around the low-altitude economy, creating opportunities for companies that can provide both technology platforms and operational services.

As competition intensifies across China’s rapidly evolving low-altitude economy ecosystem, companies capable of combining software, data infrastructure, airspace management capabilities, and large-scale operational experience are increasingly attracting attention from both industrial investors and government-backed funds.

With the latest strategic investment, Wuce Space aims to expand its role in supporting the digitalization and commercialization of low-altitude applications, positioning itself to benefit from the next phase of growth in one of China’s most closely watched emerging industries.