Unitree

Hangzhou, China Robotics & Automation Public

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 listed on the Shanghai STAR Market on 19 August 2026 under stock code 688836, raising about 6.1 billion yuan (~$905 million); shares closed the first session up 460% at a 341.8 billion yuan (~$48 billion) market value.

Public Company

Unitree is publicly traded

IPO'd on Mar 20, 2026

Shanghai STAR Market

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

2016

Employees

201–500

Total Funding

$255.79M

9 rounds

Last Private Valuation

$1.7B

Jun 19, 2025

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

1 signal
IPO Recent IPO proceeds ~$905M; closing-day valuation ~$50B 2026-08-19

Debuted on Shanghai STAR Market, shares closed +460% (peaked ~630% intraday), valuing the company at ~$50B after raising ~$905M in the IPO.

Public listing supersedes pre-IPO secondary/valuation marks with a live market price.

Funding

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

Total raised $255.79M across 9 rounds

Last updated 09-02-2026

DateRoundAmount RaisedValuationLead 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

Valuation Trajectory

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

$2M $5M $10M $20M $50M $100M $200M $500M $1B $2B 2018 2020 2022 2024 Unitree

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.

Leadership

  • Wang Xingxing

    Founder & CEO

Competitors

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 Investment FAQ

Unitree FAQ

Unitree listed on the Shanghai Stock Exchange's STAR Market on 19 August 2026 under code 688836, selling 40,446,434 shares — 10% of its enlarged capital — at 150.80 yuan for gross proceeds of about 6.10 billion yuan (~$905M), well above the 4.2 billion yuan it sought when it filed in March 2026, and making it the first pure-play humanoid robot maker on China's A-share market. Demand set STAR Market records: the online retail tranche was oversubscribed roughly 8,000 times, and the shares opened at 1,100 yuan (+629.44%) before closing the first session at 845 yuan, up 460.34%, for a market value of 341.77 billion yuan (~$48B). The debut pop has since unwound — after nine sessions the stock had given back close to half its opening-day peak, closing at 564.90 yuan on 31 August for a market value near 228.5 billion yuan (~$32B), and trading around 571 yuan on 1 September.

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 listed on the Shanghai Stock Exchange's STAR Market on 19 August 2026 under code 688836, selling 40,446,434 shares — 10% of its enlarged capital — at 150.80 yuan for gross proceeds of about 6.10 billion yuan (~$905M), well above the 4.2 billion yuan it sought when it filed in March 2026, and making it the first pure-play humanoid robot maker on China's A-share market. Demand set STAR Market records: the online retail tranche was oversubscribed roughly 8,000 times, and the shares opened at 1,100 yuan (+629.44%) before closing the first session at 845 yuan, up 460.34%, for a market value of 341.77 billion yuan (~$48B). The debut pop has since unwound — after nine sessions the stock had given back close to half its opening-day peak, closing at 564.90 yuan on 31 August for a market value near 228.5 billion yuan (~$32B), and trading around 571 yuan on 1 September.

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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