Unitree develops advanced quadruped and humanoid robots, including the Go2 quadruped platform and H1 humanoid robot. The company specializes in legged locomotion technology and AI-powered robotic systems. As of 2025, humanoid robots accounted for 51.5% of revenue with a 62.9% gross margin, delivering 5,500 units globally in 2025. Founded in 2016, Unitree reached unicorn status in 2025 and in August 2026 priced a Shanghai STAR Market IPO at 150.80 yuan a share, valuing it near 61 billion yuan (about $9 billion) ahead of listing under stock code 688836.
Unitree is publicly traded
IPO'd on Mar 20, 2026
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Employees
201–500
Total Funding
$255.79M
9 rounds
Last Private Valuation
$1.7B
Jun 19, 2025
Priced Shanghai STAR Market IPO at 150.8 yuan/share (~$9B valuation); trading began Aug 19, 2026
Public listing crystallizes a fresh ~$9B mark and opens near-term liquidity for holders
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $255.79M across 9 rounds
Last updated 08-20-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Jun 19, 2025 | Series C | $100M | $1.7B | Tencent, Alibaba, Ant Group +3 more |
| Sep 2024 | Series C (first close) | Not disclosed | $1.13B | Beijing Robot Industry Investment Fund |
| Feb 2024 | Series B2 | $139M | $0.7B | Not disclosed |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Seed
$2M
Nov 2016
Unitree today
$1.7B
Jun 2025 · latest mark
Unitree multiple
895x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Wang Xingxing
Founder & CEO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Tesla Optimus
Humanoid robot in prototype/pilot phase at Tesla factories. Standing 5'8" and weighing 125 lbs, can lift 20kg. Commercial availability expected 2026-2027 at $20,000-$30,000 target.
Boston Dynamics Atlas
Advanced humanoid robot with exceptional dynamic movement capabilities. Estimated at $140,000-$150,000 if commercialized. Currently piloted at Hyundai facilities, not commercially available for consumer purchase.
Figure AI
Figure 03 humanoid in pilot deployment with manufacturing partners including BMW. Figure 01 offers proven industrial capability, priced $150,000-$250,000 for manufacturing applications.
Agility Robotics Digit
Humanoid robot for logistics with proven commercial deployments including partnership with Amazon. Priced at $150,000-$250,000 range for industrial applications.
1X Technologies NEO
Humanoid robot designed for home assistance and general-purpose tasks. Currently in pre-order phase with commercial availability anticipated.
Apptronik Apollo
Humanoid robot deployed in industrial settings including Mercedes-Benz manufacturing facilities. Positioned for task automation in manufacturing and logistics.
Unitree priced its Shanghai STAR Market IPO at 150.80 yuan a share on 2026-08-06, selling 40,446,434 shares — 10% of its enlarged capital — for gross proceeds of about 6.10 billion yuan (~$904M) and an issue-day market value of 60.99 billion yuan (~$9.0B), well above the 4.2 billion yuan it sought when it filed in March 2026. The Shanghai Stock Exchange has now fixed the first trading day at 19 August 2026 under code 688836, which will make Unitree the first pure-play humanoid robot maker listed on China's A-share market; the first five sessions carry no price limit. Demand set records: the online retail tranche was oversubscribed roughly 8,000 times for a 0.0181% allotment rate, the lowest in STAR Market history, and the offer price implies a post-issue P/E near 219x against a ~38.6x sector reference.
Unitree 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.
Unitree went public in Mar 20, 2026 via ipo, with an offering valuation of approximately $1.7B. Unitree priced its Shanghai STAR Market IPO at 150.80 yuan a share on 2026-08-06, selling 40,446,434 shares — 10% of its enlarged capital — for gross proceeds of about 6.10 billion yuan (~$904M) and an issue-day market value of 60.99 billion yuan (~$9.0B), well above the 4.2 billion yuan it sought when it filed in March 2026. The Shanghai Stock Exchange has now fixed the first trading day at 19 August 2026 under code 688836, which will make Unitree the first pure-play humanoid robot maker listed on China's A-share market; the first five sessions carry no price limit. Demand set records: the online retail tranche was oversubscribed roughly 8,000 times for a 0.0181% allotment rate, the lowest in STAR Market history, and the offer price implies a post-issue P/E near 219x against a ~38.6x sector reference.
Unitree raised $255.79M across 9 disclosed funding rounds prior to its public listing.
Unitree was founded by Wang Xingxing in 2016.
Unitree is headquartered in Hangzhou, China.
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