Unitree Robotics
- Total funding
- ~$905M raised in Shanghai STAR Market IPO (Aug 2026)
- Valuation
- ~$66B market cap after debut (priced at ~$9B, closed +460% on day one)
- Founded
- 2016
- Headquarters
- Hangzhou, China
- Segment
- Full Humanoid OEM
- Status
- Public (SSE STAR Market)
- Founders
- Wang Xingxing (CEO & Founder)
- Website
- unitree.com
Latest research
Updated Sep 8, 2026Unitree completed its Shanghai STAR Market IPO in August 2026, pricing at 150.8 yuan a share for a 61 billion yuan (~$9.0B) valuation and raising about 6.1 billion yuan (~$905M). Shares closed roughly 460% higher on debut, lifting the company to around $66B — ahead of Baidu and JD.com. It is already profitable, unusually for the sector.
- IPO priced at 61 billion yuan (~$9.04B); raised ~6.1 billion yuan (~$905M)
- Closed +460% on its first trading day, reaching a ~$66B valuation
- 2025 net profit of 591 million yuan on revenue of 1.7 billion yuan
- Listing approved in 104 days — the fastest in STAR Market history
- DeepSeek is a strategic investor with 933,399 shares (2.31%), locked up three years
Notes
World's most widely available humanoid; R1 AIR from $4,900. Added to US DoD 1260H list Jun 2026; security researchers found G1/H1 remote-takeover vulnerabilities in 2025. | G1 humanoid at $16K — most affordable full-size humanoid. H1: world speed record for humanoid (3.3 m/s). 5,500+ humanoids shipped in 2025. Spring Festival Gala viral performance. STAR Market IPO planned.
Availability
R1 EDU tiers (R1-D / EDU Pro A / etc.): $4,290–$10,500 depending on config; R1 AIR: $4,900; R1 (standard): $5,900; G1 Basic: $13,500; H2: $29,900; G1 EDU Standard: $43,500; G1 EDU Pro / Ultimate: $51,900–$73,900; H1: ~$90,000 (“contact us for the real price”); H2 Plus: $100,000
Partners & deployments
5,500+ units shipped in 2025; widest global developer base