"Star Era" completed a Series A financing of nearly 500 million yuan, and China Renaissance continued to serve as the exclusive financial advisor.

36Kr learned that Xingdong Jiyuan, an embodied intelligence enterprise, announced the completion of nearly 500 million yuan in Series A financing. This round of financing was jointly led by CDH VGC and Haier Capital, with financial institutions and industrial capitals such as Houxue Capital, Huaying Capital, Xianghe Capital, and Fengli Intelligence participating as follow - on investors. Existing shareholders such as Qingliu Capital and Tsinghua Holdings Fund continued to increase their investments. China Renaissance continued to serve as the exclusive financial advisor for this round. The funds raised in this round will be used for the R & D and mass - production implementation of the hardware and software technologies of humanoid robots, and to drive the high - speed operation of the closed - loop flywheel of "model - body - scenario data".