Star Era has secured another RMB 1 billion in financing, with its valuation exceeding RMB 10 billion.

Image source: WeChat official account of Xingdong Jiyuan

On March 5th, Xingdong Jiyuan, an embodied intelligence enterprise, announced that it has completed a strategic round of financing worth 1 billion yuan, and its valuation has exceeded 10 billion yuan. This round of financing was jointly invested by new institutions such as Samsung, GaoCheng Capital, Singtel, Woori Capital (affiliated with Woori Financial Group of South Korea), CICC Porsche, SMIC Juyuan, Fenghe Capital, Wuxi Venture Capital, GF Qianhe, and Hongrui Group. Old shareholders such as CDH VGC and Tsinghua Holdings Tiancheng made over - subscribed additional investments.

So far, Xingdong Jiyuan has attracted a total of 16 domestic and international industrial investors, including domestic leading enterprises such as Geely Capital, Alibaba, Lenovo, Haier, BAIC, and Century Golden Resources, as well as international industrial giants such as Samsung, Singtel, and Woori Capital.

Xingdong Jiyuan has previously completed multiple rounds of financing. On November 20, 2025, it completed a nearly 1 - billion - yuan Series A+ financing, led by Geely Capital, with a strategic investment from BAIC Capital and joint capital injection from the Beijing Artificial Intelligence Industry Investment Fund and the Beijing Robot Industry Development Investment Fund. In July of the same year, Xingdong Jiyuan completed a nearly 500 - million - yuan Series A financing. In October 2024, it also completed a nearly 300 - million - yuan Pre - A financing.

According to the official website, Xingdong Jiyuan was founded in August 2023 and was incubated by the Institute for Interdisciplinary Information Sciences at Tsinghua University. It is the only humanoid robot enterprise in which Tsinghua University holds shares, and its founder is Chen Jianyu.

Chen Jianyu is one of the earliest entrepreneurs in the field of humanoid robots in China. He graduated from the Department of Precision Instruments at Tsinghua University, the earliest bipedal robot research institution in China. During his doctoral studies at the University of California, Berkeley, he studied under Masayoshi Tomizuka, an academician of the US National Academy of Engineering and the founder of mechanical control theory. In 2020, he was invited by Turing Award winner Yao Qizhi to return to China and served as an assistant professor and doctoral supervisor at the Institute for Interdisciplinary Information Sciences at Tsinghua University.

In August 2024, Xingdong Jiyuan launched its first product - level humanoid robot, Xingdong STAR1, and released the fully self - developed 12 - degree - of - freedom dexterous hand XHAND1. As of now, Xingdong Jiyuan has the bipedal humanoid robot Xingdong L7, the wheeled humanoid robot Xingdong Q5, and the five - finger dexterous robot hand Xingdong XHAND1. The company's cumulative orders have exceeded 500 million yuan, and overseas business accounts for 50%.

It is reported that robots equipped with Xingdong Jiyuan's embodied brain can sort and scan drugs, daily chemicals, and packages in the logistics field; in the commercial service field, they have the capabilities of cleaning store seats, delivering items, and providing guided tours; in the manufacturing field, they are still breaking through scenario tasks such as parts grabbing, high - precision assembly, and quality inspection.

In the past two years, the embodied intelligence industry has seen frequent financing. According to incomplete statistics, in 2025, there were more than 100 financing events in the domestic embodied intelligence field, with the total financing amount exceeding 10 billion yuan.

As a new high - ground in global technological competition, the development of the embodied intelligence industry is accelerating into the fast lane. According to the data in the "2025 Humanoid Robot and Embodied Intelligence Industry Research Report", in 2025, the global market size of embodied intelligence is expected to reach 1.9525 billion yuan, and the market size of embodied intelligence in China is expected to reach 529.5 million yuan, accounting for about 27% of the global market.

Leading enterprises dominate the industry. According to a report released by market research company Omdia, the total annual shipment of global humanoid robots in 2025 was about 13,300 units. Among them, Zhipu Robotics accounted for 39% of the global market share with an annual shipment of more than 5,100 units; Unitree Robotics accounted for 34% with a shipment of 4,200 units; and Ubtech accounted for 7% with a global shipment of 1,000 units.

Although the popularity of the track continues to rise, the embodied intelligence industry is still in its early stage and is experiencing a crucial leap from laboratory technology to commercial products. Some analysts believe that the embodied intelligence enterprise that can first form a replicable model in service standards, data interfaces, and billing models is likely to occupy a pivotal position in the global embodied intelligence service trade.

This article is from Jiemian News, author: Hou Ruining. It is published by 36Kr with authorization.