Li Auto-Backed Habitat Completes 700M Yuan Series A for Smart Homes
Habitat, a smart home brand co-founded by Li Auto’s former president Shen Yanan, completed a Series A round worth 700 million yuan. After an April 2024 angel and Pre-A totaling 653 million yuan led by Li Auto, Habitat launched the L32 smart home product in March 2025 and sells it via direct network in seven Chinese cities, with annual contracted sales above 1 billion yuan.