UBTECH Robotics

Shenzhen, Guangdong, China Robotics Public

UBTECH Robotics is a Shenzhen-based developer and manufacturer of humanoid, service, and consumer robots, founded in 2012 by Zhou Jian. The company designs intelligent humanoid robots, robotic servo actuators, AI and education robots, and commercial service robots, targeting three primary application scenarios: industrial manufacturing, commercial services, and household companionship. Its products include the Walker series of humanoid robots and consumer offerings such as the Jimu and Alpha robot lines. On 29 December 2023, UBTECH became the first humanoid robot company to list on the main board of the Hong Kong Stock Exchange (HKEX: 9880).

Public Company

UBTECH Robotics is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2012

Employees

1,001–5,000

Total Funding

$2.13B

13 rounds

Last Private Valuation

$5B

May 3, 2018

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
M&A Recent deal value ~$237M (1.665B yuan) for 43.01% stake 2025-12-24

Agreed to acquire controlling 43.01% stake in Shenzhen-listed Zhejiang Fenglong Electric for ~$237M; completed H1 2026.

Vertical-integration/supply-chain lock-down plus a mainland A-share listing route; modestly supportive for secondary…

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Rounds in grey italics are unconfirmed.

Total raised $2.13B across 13 rounds

Last updated 10-12-2026

DateRoundAmount RaisedValuationLead Investors
Nov 25, 2025 Post-IPO placement (new H shares) $400M — Not disclosed
Aug 31, 2025 Credit facility - Infini Capital (up to US$1B) Up to $1B — Infini Capital
Jul 22, 2025 Post-IPO placement (new H shares) $315M — Not disclosed

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$1B $2B $5B 2017 2018 2019 2020 UBTECH Robotics

Entry · Series B

$1B

Jul 2016

UBTECH Robotics today

$4.5B

Mar 2020 · latest mark

UBTECH Robotics multiple

4.5x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Zhou Jian

    Founder, Chairman & Chief Executive Officer

  • Xiong Youjun

    Executive Director, Deputy General Manager & Chief Technology Officer

  • Liu Ming

    Executive Director & VP of Human Resources

  • Deng Feng

    Executive Director & Vice President

UBTECH Robotics Investment FAQ

UBTECH Robotics FAQ

UBTECH Robotics listed on the Main Board of the Hong Kong Stock Exchange on 29 December 2023 under ticker 9880, the first humanoid-robot company to do so, raising net proceeds of about HK$1.04 billion (roughly US$130 million gross) in the final Hong Kong IPO of 2023. It has raised repeatedly since: six follow-on H-share placements between August 2024 and November 2025, of which the first five raised about HK$4.37 billion net in total and the sixth, announced on 25 November 2025, placed 31,468,000 shares at HK$98.80 for gross proceeds of about HK$3.11 billion (about US$400 million). Counting the IPO, those issues total about 96.8 million new shares and about HK$8.69 billion raised, or roughly 19.2% of the enlarged share capital. Separately, on 31 August 2025 the company disclosed a credit line of up to US$1 billion from Infini Capital, drawable through share allocations, convertible bonds and expedited loans, alongside plans for a Middle East research and manufacturing joint venture; no drawdown has since been reported. In April 2026 UBTECH completed the purchase of a 43.01% controlling stake in Shenzhen-listed Zhejiang Fenglong Electric (SZSE: 002931). No further share placement has been announced in 2026. The year's capital-markets activity has instead been the full circulation of its unlisted domestic shares: 5,453,931 domestic shares were converted into H shares with dealings beginning on 17 July 2026, lifting H shares to about 87% of the share capital, and on 23 September 2026 the company filed with the China Securities Regulatory Commission to convert a further 17,581,288 domestic shares. An H-share incentive scheme was approved at an extraordinary general meeting on 26 August 2026. For the six months to 30 June 2026 the company reported revenue of RMB 1.27 billion, up about 104% year on year, on sales of 921 full-size humanoid robots, with the net loss narrowing.

UBTECH Robotics shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

UBTECH Robotics had a valuation of approximately $5B at the time of its public offering. Current market capitalization fluctuates with the share price.

UBTECH Robotics raised $2.13B across 13 disclosed funding rounds prior to its public listing.

UBTECH Robotics was founded by Zhou Jian in 2012.

UBTECH Robotics is headquartered in Shenzhen, Guangdong, China.

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