Recently, Shenzhen Silver Star Intelligent Technology Co., Ltd. announced the completion of nearly 100 million yuan round B financing, led by Midea
capital, followed by Aoji technology, Shenzhen Tongda No. 6 investment and other institutions.
Silver Star intelligence was founded in 2005, headquartered in Shenzhen, is the first domestic enterprise engaged in the R & D and manufacturing of sweeping robots. Sui Linghui, deputy general manager of Yinxing intelligent Co., Ltd., said that the financing has optimized the shareholder structure of the company and introduced industrial capital. The company will enter the track of dual wheel drive of capital and products, which will undoubtedly bring Yinxing intelligent to a new level in team building, product technology innovation and strategic layout.
He also said that Silver Star intelligence has launched a B + round of financing and is planning a pre IPO round next year. He also disclosed that Yinxing intelligent has launched a round of B + financing with a financing amount of 250 million, which is expected to be completed by the end of January 2021.
Ye Lirong, CEO of Silver Star intelligence, said that 70% of this round of financing will be used for the research and development of a new generation of artificial intelligence sweeping robots, 20% will be invested in factories, and 10% will be used for talent investment, boosting multiple key strategies and innovation.
With the support of this round of financing, Silver Star intelligence will continue to focus on new product development and market development at home and abroad. CEO Ye Lirong revealed that "OPM business model", as a strategic thinking initiated by Silver Star intelligence, has guided Silver Star intelligence to occupy nearly 10% of the global market share. With the gradual release of orders from domestic and foreign customers, the market share of Silver Star intelligent will be further improved.