Home Uncategorized Unitree Robotics begins IPO preparation, valued at $1.6 Billion after Series C...

Unitree Robotics begins IPO preparation, valued at $1.6 Billion after Series C funding

0

Unitree Robotics Official Website

Unitree Robotics’ humanoid robot

The China Securities Regulatory Commission reports that Unitree Robotics is in the process of preparing for its IPO, with CITIC Securities as the advisor. Unitree, a major player in China’s quadruped robot and humanoid robotics sector, recorded over one billion Yuan ($137 million in revenue) in 2024. Unitree closed its Series C funding last month, led by investors such as China Mobile, Tencent and JinQiu Capital. Ant Group, Geely Capital, and Alibaba were also involved. After this round, Unitree’s post-investment value has exceeded RMB12 billion ($1.64billion). Unitree’s products are primarily aimed at consumers, while its humanoid robotics are aimed at developers. Developers can customize Unitree robots using their perception and movement algorithms.[Shanghai Securities News (in Chinese)




www.roboticsobserver.com

Exit mobile version