Unitree Robotics
Global humanoid shipment leader — quadrupeds and humanoids
Hangzhou, China~500Founded 2016$200M+ (private) raised$1.7B (private, Jun 2025) / IPO targeting up to $7B valuationwww.unitree.com
SectorsHumanoid Robots
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
Funding History
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) |
Product Specifications
| 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 |
Partnerships & Investors
China MobileInvestor
Series C+ participant
TencentInvestor
Pre-IPO investor
AlibabaInvestor
Pre-IPO investor
Ant GroupInvestor
Pre-IPO investor
GeelyInvestor
Strategic investor
HongShanInvestor
Lead Series B/C+ participant
MeituanInvestor
Pre-IPO participant
MIT / Stanford / CMU / ETH ZurichResearch
Robotics research partnerships and academic deployments
Key Milestones
2016
Company Founded
Founded in Hangzhou by Wang Xingxing (formerly DJI)
2021
Go1 Launch
Consumer quadruped robot from $2,700; ~70% global quadruped share
2023
H1 Humanoid Unveiled
First full-size humanoid robot
May 2024
G1 Launch at $16K
Compact humanoid disrupts market with aggressive pricing
Jun 2025
Series C+ at $1.7B
Backed by China Mobile, Tencent, Alibaba, Geely, HongShan, Meituan
2025
5,500+ Humanoids Shipped
32.4% of global humanoid market by units; #1 manufacturer
2025
1.71B Yuan Revenue (~$240M)
335% YoY growth; ~600M yuan adjusted net profit; 60.27% gross margin
Mar 2026
STAR Market IPO Filed
~4.2B yuan / $608M target raise
Apr 2026
R1 + H2 Released
R1 (~$4,900 budget humanoid) and H2 ($29,900 industrial) ship
2026
Production Scaling to 20K Units
Targeting 10–20K humanoid shipments