Dreame accelerates expansion, investing 2 billion yuan to establish four more partnerships in Xiamen

Recently, Dreame Technology completed the registration of four technology development partnerships in Xiamen. The investment amount of each partnership is 500 million yuan, with a total scale of 2 billion yuan.

Business information from Tianyancha shows that on March 16, Xiamen Sky Workshop Boyan Technology Development Partnership (Limited Partnership), Xiamen Sky Workshop Boling Technology Development Partnership (Limited Partnership), Xiamen Sky Workshop Botian Technology Development Partnership (Limited Partnership), and Xiamen Sky Workshop Boou Technology Development Partnership (Limited Partnership) were established. The general partners in charge of execution are all Xiamen Zhuichuang Enterprise Management Partnership (Limited Partnership), with an investment of 500 million yuan each. Their business scopes include technology promotion and application services, conference and exhibition services, social and economic consulting services, etc.

Partner information shows that the above four partnerships are jointly invested by Suzhou Zhuichuang Juli Equity Investment Partnership (Limited Partnership) and Xiamen Zhuichuang Enterprise Management Partnership (Limited Partnership) under Dreame Technology.

This investment of 2 billion yuan is highly synchronized with Dreame's recent strategic upgrade.

On March 12, at the Shanghai AWE 2026 exhibition, Yu Hao, the founder of Dreame Technology, officially announced the "Intelligent Ecosystem Strategy of Vehicles, Homes, Space, and Chips", declaring that the company is extending from the home intelligent track to the entire domain of chips, intelligent transportation, space exploration, etc., to build a full - dimensional intelligent life system.

Currently, cleaning appliances, whole - house intelligence, and the mass - produced "Tianqiong" robot chip contributed over 45 billion yuan in the company's revenue in 2025, with overseas revenue accounting for 78%. These are the foundation of Dreame's cash flow, while the business visions in space, chips, etc. have increased the company's valuation.

On March 16, the first "Yaotai" space computing power base station of "Xinji Chuanyue", a subsidiary of Dreame Technology, was successfully launched at the Jiuquan Satellite Launch Center, marking a substantial step in its grand space computing power plan.

This 2 - billion - yuan investment is not Dreame's first investment in Xiamen. On January 22, Dreame registered three similar partnerships in Xiamen: Xiamen Sky Workshop Boming Technology Development Partnership (Limited Partnership), Xiamen Sky Workshop Bonan Technology Development Partnership (Limited Partnership), and Xiamen Sky Workshop Bozheng Technology Development Partnership (Limited Partnership). The general partners in charge of execution are all Xiamen Zhuichuang Enterprise Management Partnership (Limited Partnership), with an investment of 500 million yuan each, and a cumulative investment of 1.5 billion yuan.

Meanwhile, Dreame has recently established several enterprises related to intelligent robot R & D in Suzhou to further strengthen its core technology R & D capabilities. In January, Dreame Chichen Technology (Suzhou) Co., Ltd. and Dreame Yaochen Technology (Suzhou) Co., Ltd. were established, with a registered capital of 2 billion yuan each. Their business scopes include R & D of intelligent robots, technical services, technology development, information consulting services, etc. Shareholder information shows that both companies are wholly - owned by Dreame Innovation Technology (Suzhou) Co., Ltd. under Dreame Technology.

Behind these capital actions are Dreame's dual demands for sprinting for an IPO and ecological expansion.

As a unicorn enterprise in the primary market, Dreame has clearly planned to submit an IPO application in the second half of 2026, with a target market value of 150 billion yuan.

Previously, Yu Hao, the founder and CEO of Dreame Technology, once posted on his WeChat Moments, saying, "We aim to build the first company ecosystem worth one trillion US dollars in human history."

Yu Hao graduated from the School of Aerospace Engineering at Tsinghua University. He officially founded Dreame Technology in 2017, starting from the Xiaomi ecosystem chain. Later, he created his own brand and continuously crossed boundaries. His business has expanded to large household appliances such as refrigerators, washing machines, and air conditioners, as well as the drone field. After 2024, he downplayed the "household appliance label" and shifted to the positioning of "embodied intelligence".

As a popular unicorn, Dreame's "generous" actions have frequently attracted attention. In addition to its capital layout, it recently announced that Liu Yifei has become the global brand ambassador for its intelligent large household appliances. At the 2025 annual meeting, the company used 18% of the net profit from its main business to distribute year - end bonuses, with a total scale of about one billion yuan.

The outside world has often compared Dreame and Yu Hao's style with Elon Musk. Both are based on core technologies, are keen on cross - border layout in cutting - edge tracks, and expand aggressively without considering short - term costs. Yu Hao has not directly responded but has emphasized that Dreame has been profitable for six consecutive years and has not burned investors' funds.

This article is from Jiemian News, author: Shen Xiaoge. Republished by 36Kr with permission.