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Unitree RoboticsGlobal humanoid shipment leader: quadrupeds and humanoids
Humanoids Shipped (2025)
5,500+
32.4% of global humanoid market
Revenue (2025)
1.71B yuan (~$240M)
+335% YoY
Gross Margin (2025)
~60.27%
Up from 44.22% (2023)
Net Profit (2025)
~600M yuan
~8x YoY
Quadrupeds Shipped (lifetime)
30,000+
Across enterprise and consumer
2026 Target
10–20K humanoids
+100–264% vs 2025
Total raised: $200M+ (private) · Latest valuation: $1.7B (private, Jun 2025) / IPO targeting up to $7B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Series C+ | Jun 2025 | Undisclosed | $1.7B | China MobileTencentAlibabaAnt Group+6 more |
| STAR Market IPO Filing | Mar 2026 | ~4.2B yuan (~$608M target) | Targeting up to $7B (KraneShares); analyst implied up to ¥42B | Public (Shanghai STAR Market) |
| Spec | G1 | H1 / H1-2 | H2 | R1 |
|---|---|---|---|---|
| Type | Compact humanoid | Full-size humanoid | Industrial humanoid | Budget humanoid |
| Height | 127cm | 180cm | - | - |
| Weight | ~35kg | ~47kg | - | - |
| DOF | Up to 43 | - | 31 | - |
| Price | $13,500–$73,900 (16 configs) | $99,900 / $128,900 | $29,900 | from $4,900 |
| Target | Education, research, light industry | Industrial, commercial | Industrial deployment | Entry-level / hobby |
| Status | Shipping (volume leader) | Shipping | Apr 2026 launch | Apr 2026 launch |
Series C+ participant
Pre-IPO investor
Pre-IPO investor
Pre-IPO investor
Strategic investor
Lead Series B/C+ participant
Pre-IPO participant
Robotics research partnerships and academic deployments
Founded in Hangzhou by Wang Xingxing (formerly DJI)
Consumer quadruped robot from $2,700; ~70% global quadruped share
First full-size humanoid robot
Compact humanoid disrupts market with aggressive pricing
Backed by China Mobile, Tencent, Alibaba, Geely, HongShan, Meituan
32.4% of global humanoid market by units; #1 manufacturer
335% YoY growth; ~600M yuan adjusted net profit; 60.27% gross margin
Shanghai accepts the listing application (Mar 20); ~4.2B yuan / ~$616M target raise
STAR Market listing committee approves the IPO, the first embodied-AI listing on China's A-share market; targeting ~$6.2B valuation
R1 (~$4,900 budget humanoid) and H2 ($29,900 industrial) ship
Targeting 10–20K humanoid shipments
G1 ($16K) and H1 ($90K) robots. ~5,000 G1 units shipped. HK IPO planned at $7B valuation. Unitree Robotics was founded in 2016, is headquartered in Hangzhou, China and employs ~500.
Unitree Robotics has raised $200M+ (private) in total at a $1.7B (private, Jun 2025) / IPO targeting up to $7B valuation, based on the funding rounds Sterling tracks.
Sterling groups Unitree Robotics in the Humanoid Robots sector, alongside Tesla (Optimus), Figure AI (private), Agility Robotics (private), Apptronik (private), 1X Technologies (private) and Boston Dynamics (HYUNDAI).
If you are researching Unitree Robotics, also look at Tesla (Optimus), Boston Dynamics (HYUNDAI) and UBTECH Robotics (9880.HK). You can compare all of them side by side or browse the full Humanoid Robots sector on Sterling.
