Chinese drone maker SZ DJI Technology Co Ltd is seeking at least $500 million at a valuation of about $15 billion ahead of a planned stock market debut, three people with knowledge of the matter told Reuters.
DJI, the world’s largest maker of civilian drones, plans to obtain the fresh capital in a combination of new equity and debt, and wants to finalise the deal in the coming months, said the people, declining to be identified as the information was private.