Geely-backed Starry Universe Meizu completes RMB 2 billion Series A financing, with a valuation exceeding RMB 10 billion

Geely-Backed Starry Universe Meizu Raises RMB 2 Billion in Series A Funding, Surpassing RMB 10 Billion Valuation

【Mobile China News】On November 16th, Mobile China noticed that the Geely-backed company, Starry Meizu, has completed its Series A financing round, marking another successful funding round completed in a short period of time. Together with the angel and pre-Series A financing completed in the first half of the year, Starry Meizu has raised a total of 2 billion yuan this year, with a post-investment valuation exceeding 10 billion yuan.

Geely-backed Starry Meizu completes 2 billion yuan Series A financing

In the first half of the year, the angel and pre-Series A investors of Starry Meizu included Rongyi Investment, Xingyuan Fund, Wuhan Economic Development Zone, and others. The recent Series A round was led by the Asia Investment Fund and Jia Shi International, with participation from QC Capital, Wuhan Economic Development Zone, and other strategic partners.

As a Geely-backed company, Starry Meizu not only covers areas such as smartphones, wearable devices, and smart homes, but is also committed to providing users with smarter and more convenient technological lifestyles. The success of this financing not only demonstrates the market’s high recognition of Starry Meizu, but also provides strong financial support for its future development.

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Since its establishment, Starry Meizu has always adhered to innovation-driven principles and has focused on technology research and development as well as talent cultivation. After this financing, the company will continue to increase investment in technology research and development and innovation, and constantly launch more innovative and competitive products and services.

It is worth mentioning that the Meizu 21 flagship smartphone officially started its pre-order for 1 yuan on November 15th. According to current information, the Meizu 21 series models feature a 6.55-inch Samsung OLED display, four equal sides, challenging the world’s thinnest frame. It has a centered punch-hole design and is equipped with Qualcomm’s third-generation Snapdragon 8 mobile platform.

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