Founded in Hong Kong in 1999, Yuneec has over 1,800 employees located in Hong Kong, Shanghai, Los Angeles and Hamburg, Germany.
Yuneec makes over one million units a year, including drones, as well as radio control electric powered airplanes.
No information is available about the company’s previously funding rounds.
Intel has previously invested in two drone manufacturers: California-based Airware and North Carolina-based PrecisionHawk.
Another two Chinese drone makers have received venture investments lately. Beijing-based Ehang Technology Co., Ltd. completed US$42 million series B round of financing led by GP Capital earlier this week.
In April, Shenzhen-based DJI Technology Co. was reportedly raising hundreds of millions U.S. dollars in a new funding round at a valuation of U$10 billion.