Star Era, a leading enterprise in the field of embodied AI, has recently announced the successful completion of a strategic financing round, raising RMB 1 billion and propelling its valuation to surpass RMB 10 billion. This latest funding round saw co-investments from multiple new institutions, with existing shareholders also significantly increasing their follow-on investments, surpassing their initial commitments. To date, Star Era has garnered support from a total of 16 domestic and international industrial investors, constructing an ecosystem matrix that blends 'international giants with domestic leaders' and fostering a collaborative model that merges 'capital with industry'.

Remarkably, this financing achievement comes just two months after the company's previous funding round. The intended investment amount significantly outstripped the initial fundraising target, underscoring the strong market confidence in Star Era's vision and potential. Presently, Star Era boasts an impressive portfolio of accumulated orders exceeding RMB 500 million, with its overseas business contributing to 50% of the total. Impressively, nine out of the top ten global technology companies by market capitalization are among its clientele, with customer repurchase rates soaring to six times. This demonstrates not only the company's ability to secure high-gross-profit-margin deals but also its capacity to generate market-driven revenue growth.