CHASING UNDERWATER DRONES Raises $1

CHASING UNDERWATER DRONES, a company specializing in submersible drone technology, has announced it has secured $14.6 million in a recent funding round.

Founded in 2016, CHASING Technology Company aims to advance the capabilities of underwater exploration through its innovative drone solutions.

Its flagship product, GLADIUS, an underwater drone capable of diving to 328 feet, gained significant attention upon its release, achieving substantial funding on Indiegogo.

The GLADIUS drone enables a range of users, from adventure explorers and divers to filmmakers, researchers, and commercial inspection experts, to explore the ocean floor.

CHASING was established by a team with backgrounds from Huawei Technology, LG, and CSIC, driven by a commitment to lead the underwater submersible drone industry for both commercial and consumer applications.

The company has established sales in over 40 countries and regions, leveraging its research and development capabilities and integrated manufacturing technology to redefine underwater exploration.

This capital infusion marks a significant step for CHASING as it continues to expand its global footprint and product development.

The company previously raised several million dollars from investors in June 2017, demonstrating a consistent ability to attract investment.

The newly secured funds are expected to support CHASING's ongoing growth initiatives, including further investment in research and development to enhance its drone technology, scale manufacturing capabilities, and expand its market reach.

With its headquarters in Shenzhen, China, and offices in Beijing, Chengdu, Kunming, and Seattle, USA, CHASING is positioned to further solidify its leadership in the underwater drone sector.

The company's strategic focus remains on delivering advanced underwater drones that cater to both professional and consumer needs, enabling broader access to underwater environments for various applications.

This investment is anticipated to accelerate CHASING's mission to continuously improve and innovate within the industry.