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Unitree Robotics

China's quadruped and humanoid price-breaker (Go2, G1), Series C backed by China Mobile, Tencent and Alibaba; IPO filed.

AI Robotics
Humanoid Robots
Wang Xingxing· Founder & CEO
Total Raised
$98M
Last Valuation
$1.7B
Founded
2016
Headquarters
Hangzhou, China
Employees
1,000+

Overview

Unitree is the volume leader of Chinese robotics: its Go2 quadrupeds start under $2,000 and its G1 humanoid at $16,000 — price points that made it the default research platform worldwide and the star of two CCTV Spring Festival galas. Founder Wang Xingxing built the first prototype as a graduate student and has kept the company hardware-first and margin-positive, a rarity in the sector. A China Mobile-led Series C in mid-2025 — with Tencent, Alibaba, Ant Group, Geely, and HongShan — pushed the valuation past $1.7B, and the company registered for IPO tutoring with the Zhejiang securities regulator — the step before a formal filing — with CITIC Securities as sponsor and a reported ~$7B target valuation. If it lists, Unitree becomes the sector's first major public pure-play.

Funding History

1 round · Jun 2025
$98M
Total Raised
1
Valuation: $1.7B
Cumulative: $98M

China Mobile leads with Tencent, Alibaba, Ant, and Geely joining; Unitree began IPO preparations soon after. Round size is a market estimate — the company disclosed valuation, not amount.

China Mobile (Lead)TencentAlibabaAnt GroupGeely CapitalHongShan
Source

Frequently Asked Questions

How much has Unitree Robotics raised in total?
Unitree Robotics has raised a total of $98M across 1 funding round.
Who are Unitree Robotics's investors?
Unitree Robotics's investors include Alibaba, HongShan, Tencent, China Mobile, Ant Group, and 1 others.
What does Unitree Robotics do?
Unitree is the volume leader of Chinese robotics: its Go2 quadrupeds start under $2,000 and its G1 humanoid at $16,000 — price points that made it the default research platform worldwide and the star of two CCTV Spring Festival galas. Founder Wang Xingxing built the first prototype as a graduate student and has kept the company hardware-first and margin-positive, a rarity in the sector. A China Mobile-led Series C in mid-2025 — with Tencent, Alibaba, Ant Group, Geely, and HongShan — pushed the valuation past $1.7B, and the company registered for IPO tutoring with the Zhejiang securities regulator — the step before a formal filing — with CITIC Securities as sponsor and a reported ~$7B target valuation. If it lists, Unitree becomes the sector's first major public pure-play.
When was Unitree Robotics founded?
Unitree Robotics was founded in 2016 and is headquartered in Hangzhou, China.
Where is Unitree Robotics headquartered?
Unitree Robotics is headquartered in Hangzhou, China.