StarSea Intelligence has secured over 200 million CNY in Pre-A round funding to advance its development of versatile embodied intelligent robots, supported by prominent investors in the AI and robotics sector.
Target Company Overview
StarSea Intelligence, founded in September 2023, is an artificial intelligence company that is dedicated to developing versatile embodied intelligent robots, employing a strategy of "one brain, multiple forms." The company has recently completed a Pre-A round funding of over 200 million CNY, marking its fourth round of financing within just a year of operation. The participation in this round came from notable investors including Wuxi Venture Capital Group, Hillhouse Capital, and Ant Group, with additional contributions from MiHoYo, Tongge Ventures, and Funplus.
As part of its development strategy, StarSea will focus on advancing embodied intelli-gent body models, end-to-end AI algorithms, and scene-specific solutions, while also expanding its overseas market presence to enhance its global competitiveness. The company's core team comprises leading scientists in embodied intelligent algorithms, equipped with expertise in the commercialization of cutting-edge technologies, especially in autonomous driving.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in China
The artificial intelligence industry in China is rapidly expanding, driven by significant investment and innovation. According to estimates, the market for AI in China is projected to reach over $200 billion by 2025, showcasing the potential for
Similar Deals
无锡创投集团
invested in
星海图
in 2024
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $29M