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§ Private Profile · Belmont, CA, USA
PowerVision is a technology company.
PowerVision develops advanced unmanned aerial vehicle (UAV) technologies, offering AI-powered drones for aerial, water-surface, and underwater applications. The company integrates sophisticated robotics and data visualization capabilities, creating interconnected device ecosystems that extend beyond single-product solutions, showcasing an engineering focus on smart drones.
The company was founded in 2009 by Wally Zheng, its Chief Executive Officer. Zheng established PowerVision with an insight centered on innovating the future, particularly within the robotics and drone sectors. This vision propelled the company to pursue advancements in UAV design and functionality from its inception in Beijing.
PowerVision's products cater to a broad base of users, including consumers and professionals requiring advanced robotic solutions. The company's long-term vision is to remain a worldwide leader in UAV technologies, consistently pushing the boundaries of smart robotics and intelligent data collection to shape future technological landscapes.
PowerVision has raised $117.0M across 6 funding rounds.
PowerVision has raised $117.0M in total across 6 funding rounds.
PowerVision is a Beijing-based technology company founded in 2009, specializing in AI-powered drones and robotics across aerial, water-surface, and underwater domains[1][2][3]. It develops innovative products like smart drones (e.g., PowerDolphin for 4K underwater imaging) and robots integrating technologies such as visual SLAM, navigation, AI algorithms for face/gesture recognition, and autonomous control, serving consumer markets (e.g., fishing, water sports) and enterprise sectors (e.g., aquaculture, search & rescue, underwater mapping)[1][2]. As the global leader in underwater and water-surface robotics with over 20,000 units mass-produced and nearly 1,000 intellectual property rights (including 400 core patents), PowerVision solves challenges in harsh environments by enabling real-time high-definition imaging, precise mapping, and autonomous operations where traditional devices fail[1][3].
The company targets users needing accessible, intelligent unmanned systems, from hobbyists capturing sea views via first-person view apps to professionals in inspection and data collection, driving growth through market expansion and tech leadership in a sector projected to grow at 11.6% CAGR for small UAVs through 2032[1][4].
PowerVision was established in 2009 (with some sources noting 2010) in Beijing, China, by a team focused on pushing AI and robotics boundaries to "innovate the future" through continuous learning and technological excellence[1][2][5]. While specific founders are not detailed in available sources, the company's early emphasis was on independent R&D for UAVs and underwater drones, evolving from core tech improvements to revolutionizing industry design[1][3]. Pivotal moments include becoming the world's only producer of aerial, water-surface, and underwater robotic devices, achieving mass production of underwater AI robots (exceeding 20,000 units), and amassing nearly 400 core invention patents, which solidified its position amid rapid expansion into global consumer and enterprise markets like aquaculture and search & rescue[1][4].
PowerVision rides the surge in AI-driven unmanned systems and robotics, capitalizing on trends like autonomous navigation and miniaturization amid rising demand for drones in consumer recreation and industrial uses (e.g., inspection, mapping)[1][4]. Timing aligns with small UAV market growth at 11.6% CAGR to 2032, fueled by AI advancements and sector consolidation like 2025 acquisitions in media robotics, amid favorable forces such as global expansion into aquaculture/search & rescue and China's robotics ecosystem[1][4]. It influences the landscape by pioneering underwater AI mass production, setting benchmarks for competitors like Sphere Drones (enterprise solutions) and elevating standards in data visualization, VR/AR-integrated robotics[2][4].
PowerVision is poised for expansion via new markets and product ecosystems like the S1 mini-device suite, leveraging its IP fortress and mass-production edge amid AI-robotics volatility[1][2][6]. Trends like enhanced autonomy, AI integration, and UAV demand will shape its path, potentially stabilizing credit risk through diversification despite competition[4]. Its influence may grow by dominating niche underwater segments, inspiring broader ecosystem innovations in harsh-environment tech—reinforcing its mission to redefine AI possibilities from day one[1].
PowerVision has raised $117.0M in total across 6 funding rounds.
PowerVision's investors include CapitalG, Scott Sandell, Venrock, Aisling Capital, Correlation Ventures, Johnson & Johnson Innovation, Lightstone Ventures, New Leaf Venture Partners, Saints Capital, Santé Ventures, VantagePoint Capital Partners, Stephen Oesterle.
PowerVision has raised $117.0M across 6 funding rounds. Most recently, it raised $10.0M Series D in April 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2016 | $10M Series D | — | CapitalG, Scott Sandell, Venrock | Announced |
| Jun 1, 2014 | $30M Series D | — | CapitalG, Scott Sandell, Venrock, Aisling Capital, Correlation Ventures | Announced |
| Jan 1, 2014 | $20M Series D | — | CapitalG, Johnson & Johnson Innovation, Lightstone Ventures, Scott Sandell, NEW Leaf Venture Partners, Saints Capital, Santé Ventures, VantagePoint Capital Partners, Venrock, Stephen Oesterle | Announced |
| Jan 1, 2012 | $13M Series C | — | Johnson & Johnson Innovation, NEW Leaf Venture Partners, Saints Capital, VantagePoint Capital Partners, Advanced Technology Ventures, Frazier Healthcare Partners, Jlabs, Stephen Oesterle, Panorama Capital, Venrock | Announced |
| Jul 1, 2011 | $24M Series C | — | CapitalG, Lightstone Ventures, Scott Sandell, NEW Leaf Venture Partners, Venrock | Announced |
| Dec 1, 2007 | $20M Series B | — | Lightstone Ventures, NEW Leaf Venture Partners, Advanced Technology Ventures, Frazier Healthcare Partners, J.P. Morgan | Announced |