New China Life Insurance has committed funds to the consumer drone manufacturer at a $10bn valuation.

China-based consumer drone manufacturer SZ DJI Technology is in the process of securing a $500m series B round from investors including insurance provider New China Life Insurance, China Money Network reported today. The round values DJI at $10bn and also features New Horizon Capital. DJI has not officially confirmed the round. DJI was previously reported…

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