{"id":"e0eddc78-26bb-43ae-bfc5-422a414ebd99","name":"Unitree Robotics","slug":"unitree-robotics","description":"Unitree Robotics is a Chinese robotics company producing quadruped and [Humanoid](/companies/humanoid-ai) robots at affordable prices. Products include G1 ($13,500 humanoid), H2 ($29,900 humanoid), Go2 quadruped, and B2 robot dog. Known for aggressive pricing making humanoid robots accessible. IPO on SSE. Deployed in research, entertainment, and industrial applications worldwide.","status":"public","founded":2016,"hq":"Hangzhou, China","hqLat":30.2489634,"hqLng":120.2052342,"hqGeocodedAt":"2026-08-05T14:53:14.054Z","hqAddress":null,"hqPrecision":null,"website":"unitree.com","fundingTotal":"2224000000","type":"hardware","roles":["robot_maker","robot_operator"],"reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.cnbc.com/2026/03/20/unitree-plans-shanghai-ipo-testing-interest-in-humanoid-robots.html","title":"Unitree plans Shanghai STAR Market IPO (Mar 20, 2026)","sourceName":"CNBC"},{"url":"https://restofworld.org/2026/unitree-china-humanoid-robot-shanghai-ipo/","title":"Unitree files for about $610M Shanghai IPO (2026)","sourceName":"Rest of World"},{"url":"https://www.scmp.com/tech/article/3347611/inside-unitrees-landmark-ipo-what-know-about-chinas-humanoid-giant","title":"Inside Unitree's landmark IPO (2026)","sourceName":"South China Morning Post"},{"url":"https://www.therobotreport.com/unitree-ipo-shows-a-real-hardware-business-the-humanoid-case-is-still-early/","title":"Unitree IPO shows a real hardware business; humanoid case still early (2026)","sourceName":"The Robot Report"},{"url":"https://technode.com/2025/02/19/unitree-robotics-humanoid-robots-sees-orders-surge-after-spring-festival-gala-performance/","title":"Unitree orders surge after Spring Festival Gala performance (Feb 19, 2025)","sourceName":"TechNode"},{"url":"https://www.cnbc.com/2026/02/20/china-humanoid-robots-spring-festival-gala-unitree-tesla-ai-race.html","title":"China humanoids go viral at Spring Festival Gala; Unitree in the AI race (Feb 20, 2026)","sourceName":"CNBC"},{"url":"https://www.scmp.com/tech/big-tech/article/3343825/kung-fu-somersaults-and-scale-unitree-eyes-20000-robot-output-2026-after-gala","title":"Unitree eyes 20,000-robot output in 2026 after the Gala (2026)","sourceName":"South China Morning Post"},{"url":"https://www.globaltimes.cn/page/202604/1358712.shtml","title":"Unitree H1 hits 10 m/s sprint record (Apr 2026)","sourceName":"Global Times"},{"url":"https://thenextweb.com/news/unitree-gd01-mecha-humanoid-robot-ipo","title":"Unitree GD01 mecha humanoid unveiled amid IPO (2026)","sourceName":"The Next Web"},{"url":"https://thestandard.com.hk/innovation/article/329103/Unitree-H1-sets-10ms-global-speed-record","title":"Unitree H1 sets 10 m/s global speed record (2026)","sourceName":"The Standard (HK)"}],"keyFacts":[{"label":"Robots","value":"G1 (from ~$16,000, most affordable humanoid), H1, R1"},{"label":"Scale","value":"Shipped 5,500+ humanoids in 2025; targeting 10,000-20,000 in 2026"},{"label":"Strategy","value":"Ultra-low-cost; commoditizing humanoid hardware"},{"label":"Funding","value":"Series C-IV; investors incl. Tencent, Alibaba, state capital (figures not publicly confirmed)"},{"label":"IPO","value":"Preparing STAR Market listing, reported ~$7B target"},{"label":"HQ","value":"Hangzhou, China (founded 2016, CEO Wang Xingxing)"},{"label":"wikidata","value":"https://www.wikidata.org/wiki/Q106369174"},{"label":"wikipedia","value":"https://en.wikipedia.org/wiki/Unitree_Robotics"},{"label":"Hero image candidate","value":"https://upload.wikimedia.org/wikipedia/commons/8/8a/Unitree_G1.jpg (source: Wikimedia Commons, license: CC0 Public Domain)"},{"label":"Product — G1","value":"$13,500 humanoid robot — most affordable humanoid"},{"label":"Product — H2","value":"$29,900 humanoid with enhanced capabilities"},{"label":"Product — Go2/B2","value":"Quadruped robot dogs for research and industrial use"},{"label":"IPO result","value":"Aug 19 2026: raised $904M (6.1B yuan), shares closed up 460% at 845 yuan ($125), market cap ~$50B"},{"label":"2025 revenue","value":"$252M (252M yuan), net profit $41M"},{"label":"Global market share","value":"31% of global humanoid robot shipments (H1 2026); Chinese firms held 97% total"},{"label":"US sales exposure","value":"13% of 2025 revenue; faces US import ban on certain humanoid robots"},{"label":"DeepSeek investment","value":"~$20M in IPO"},{"label":"Founder net worth","value":"Wang Xingxing ~$12B USD (~30% stake); China's first humanoid robotics billionaire (Aug 2026)"},{"label":"Day-2 market cap","value":"~$40B (687 yuan/share, Aug 20 2026)"},{"label":"Founder history","value":"Built $3,000 XDog quadruped as Shanghai Univ grad student 2015; quit DJI after 2 months; founded Unitree Aug 2016 with $275K angel funding at age 26"},{"label":"Architecture bet","value":"Electric motors (not hydraulics) for affordable humanoids; sold as hardware platforms before software completion"},{"label":"First post-IPO product","value":"R1 Robotic Arm — bionic 7-axis dexterous arm launched Aug 20, 2026, starts at RMB 9,900 (,471)"},{"label":"Vertical Integration","value":"Designs and manufactures QDD (quasi-direct-drive) actuators entirely in-house — no external motor supplier. 60%+ margins on actuators. Bet on lower gear ratios (1:6 to 1:9) with high-torque-density rare-earth magnets."},{"label":"IPO Status","value":"Received CSRC approval July 3, 2026 for Shanghai STAR Market IPO — fastest review on record (73 days). Profitable at scale."},{"label":"Global Shipments","value":"Led global humanoid robot shipments in 2025 with 5,500+ units. AgiBot was close behind at ~5,168."}],"aliases":["Unitree","宇树科技"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":"688699","stockExchange":"SSE","secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":500,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-05-25T17:24:18.431Z","updatedAt":"2026-08-21T22:26:16.367Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/unitree-robotics","url":"https://registry.deploy.report/companies/unitree-robotics","name":"Unitree Robotics","alternateName":["Unitree","宇树科技"],"description":"Unitree Robotics is a Chinese robotics company producing quadruped and [Humanoid](/companies/humanoid-ai) robots at affordable prices. Products include G1 ($13,500 humanoid), H2 ($29,900 humanoid), Go2 quadruped, and B2 robot dog. Known for aggressive pricing making humanoid robots accessible. IPO on SSE. Deployed in research, entertainment, and industrial applications worldwide.","identifier":["e0eddc78-26bb-43ae-bfc5-422a414ebd99",{"@type":"PropertyValue","propertyID":"wikidata","value":"Q106369174"}],"foundingDate":"2016","address":"Hangzhou, China","sameAs":["https://www.wikidata.org/wiki/Q106369174","https://en.wikipedia.org/wiki/Unitree_Robotics"],"publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":10,"primary_source_types":["secondary-established-publication","secondary-trade-publication"]}}}