ShenzhenStardust raised 1 billion yuan at a 15 billion yuan valuation.

Unitree shares have fallen more than 60% since listing, and funds are cutting new robotics deals.

The company says its Wuxi plant brings total capacity to the 10,000-unit range.

Stardust holds its hackathon final in Shenzhen on 24 and 25 October.

How each outlet framed it
TMTPost
reads the raise as a sign investors are getting pickier, pairing it with Unitree's drop from its IPO high and tying the round to repeated product delivery milestones

Sources: TMTPost