档案库 · 硬件与设备 · 产品决策 · 2023–2026
星动纪元押注人形机器人：先 B 端，后 C 端
陈建宇于 2023 年创立星动纪元，押注 VLA 与世界模型赋能 B 端人形机器人；2025 年订单超 5 亿元。
Robot Era (星动纪元)
做的是什么生意
Full-stack self-developed embodied intelligence and humanoid robots: embodied large model ERA-42, humanoid robots Robot Era L7/M7 (星动L7/M7), wheeled robot Robot Era Q5 (星动Q5), and XHAND dexterous hand; sells robots and industry solutions.
启动资金：Seed round of tens of millions of RMB (led by Century Golden Resources, October 2023); angel round of over RMB 100 million (led by Lenovo Capital, January 2024); Pre-A round of nearly RMB 300 million (led by Alibaba and others, October 2024); Series A+ rounds totaling approximately RMB 3 billion in 2025-2026.
起因
In August 2023, Chen Jianyu, assistant professor at the Institute for Interdisciplinary Information Sciences, Tsinghua University (PhD from UC Berkeley, studying under Tomizuka, a founder of MPC control theory), founded Robot Era (星动纪元) in Beijing. He decided to start a business in the second half of 2022: universities cannot support capital-intensive robot R&D, and after seeing Tesla release a robot he felt a stronger sense of urgency; he argued that robots should not only run and jump in laboratories but should enter factories and warehouses as products.
经过
Continuous financing from 2023 to 2025: a seed round from Century Golden Resources, an angel round from Lenovo Capital, and a Pre-A round led by Alibaba and others; in December 2024 it open-sourced the Video Prediction Policy VPP, and in October 2025 it released the world model Ctrl-World with the Chelsea Finn team at Stanford University, improving the average success rate of tasks in unfamiliar scenarios by 44.7%. Total orders in 2025 exceeded RMB 500 million, overseas share was 50%, nine of the world's top 10 technology companies by market capitalization were customers, and the largest single logistics order was nearly RMB 50 million.
结果
Expanding and pursuing a listing: in November 2025 it completed a Series A+ round of nearly RMB 1 billion, led by Geely Capital with strategic investment from BAIC Industrial Investment; in less than four months of 2026 it completed three consecutive Series A+ rounds (RMB 1 billion, RMB 1 billion, and about RMB 1.4 billion), and its valuation exceeded RMB 10 billion in March 2026; in Q2 2026 it began thousand-unit-level deliveries, and in August reports said it plans a Hong Kong IPO to raise USD 800 million to USD 1 billion.
背景
星动纪元 2023 年 8 月成立于北京，由清华交叉信息研究院孵化，是清华唯一直接持股的具身智能公司。创始人陈建宇是清华最年轻的博士生导师之一，在伯克利师从 Tomizuka 获博士学位，2020 年由姚期智引进。他于 2022 年底创业，因为高校无法支撑资本密集的机器人研发，而特斯拉发布机器人让他感到紧迫。
公司押注全栈自研软硬一体化，并押注 VLA 与世界模型：2024 年 12 月开源 VPP，2025 年 10 月与斯坦福发布 Ctrl-World，成功率提升 44.7%。坚持 B 端优先，进入物流分拣：2025 年订单超 5 亿元，海外占比 50%，全球市值前十科技公司中有 9 家是客户，最大物流订单近 5000 万元。
资本跟进：2025 年 11 月完成吉利资本领投、北汽参投的近 10 亿元 A+ 轮；2026 年不到四个月完成三轮融资，3 月估值超 100 亿元，二季度开始千台级交付。2026 年 8 月有报道称计划港股 IPO 募资 8 亿至 10 亿美元；若完成，将成为清华系首家上市的具身智能公司。
这件事要成立，得有什么
- B 端物流流程标准化、容错率高，比家庭场景能更快验证。
- 自研 XHAND 灵巧手既能创收，又为 ERA-42 收集数据，形成闭环。
- 清华直接持股及陈建宇背景吸引世纪金源、联想、阿里、吉利、北汽等产业资本。
- 全栈自研比例超 95%，在量产中控制成本与技术。
- 2025 年海外占比 50%，显示不依赖政策红利。
可借鉴之处
选择容错率高、买家明确的标准化 B 端场景；真实数据喂养模型，比家庭机器人更容易形成飞轮。
后续进展
截至 2026 年 8 月，星动纪元扩张并筹备上市：2026 年不足四个月完成三轮 A+ 轮融资（两轮各 10 亿元、一轮约 14 亿元），3 月估值超 100 亿元；二季度开始千台级交付，与中国邮政在 5 省 10 多个物流中心部署，分拣效率超过人工的 85%。8 月有报道称计划港股 IPO 募资 8 亿至 10 亿美元，未获证实。坚持 B 端优先；副总裁王乐天预计家庭场景至少还需五年时间。
资料来源
发现哪里写错了？告诉我们。
轮到你了
你刚读完一家。说说你在做什么，看看谁在赌同一件事。
免费账号 · 3 次免费提问 · 不用绑卡