Mei Ri Jing Ji Xin Wen·2025-10-18 23:16Core Viewpoint - OneStar, a prominent startup in embodied intelligence, has reportedly entered a dissolution phase less than six months after its establishment, with connections to Geely's background withdrawing from the company [1][5]. Company Overview - OneStar was founded in May 2023 by Li Xingxing, son of Geely's founder Li Shufu, who holds a 65.66% stake in the company [6]. - The company aimed to position itself in the "embodied intelligence" sector, seen as a key strategic move for Geely in the robotics field [6]. - The founding team included notable researchers and collaborations with prestigious institutions like Fudan University and Tsinghua University [6]. Financial Activities - Within four months of its establishment, OneStar completed two rounds of financing, raising several hundred million yuan [7]. - The first round of financing in August involved investors from Geely-related industries, while the second round in September attracted both market-oriented and industrial investors, including Baidu Ventures and Zhongxin Group [7]. Current Status - As of mid-October, OneStar's office showed signs of abandonment, with the company name and logo removed, and only a few technical team members remaining [1][5]. - The company has not officially commented on the reasons for its dissolution, but speculation includes internal team disagreements and overlapping business directions with Geely's Qianli Technology [5][6]. Industry Context - The embodied intelligence sector is currently experiencing significant market potential, with projections indicating that the market size in China could exceed 1.25 trillion yuan by 2027 [7]. - However, the industry faces challenges such as high investment requirements, heavy R&D demands, and low returns, necessitating effective strategies for scaling and mass production [7].