Unitree Funding History

Unitree is a Chinese robotics company that develops four-legged and humanoid robots. The company listed on the Shanghai Stock Exchange’s STAR Market in 2026.

Company Overview

Founded 2016 · Hangzhou, China

Official Website

Unitree Funding Timeline

  1. First sale Aug 19, 2026

    IPO

    $904M

    Unitree listed on Shanghai’s STAR Market after issuing 40,446,434 new shares at RMB150.80 per share.

    Source · 36kr.com ↗
  2. Announced Feb 23, 2024

    Series B2

    nearly CNY1 billion

    Yicai reported that Unitree raised nearly RMB1 billion in its Series B2 financing.

    Participation included Meituan.

    Source · yicaiglobal.com ↗
  3. Reported Apr 20, 2022

    Series B Financing

    hundreds of millions of CNY

    The Series B financings were aimed at bringing Unitree’s four-legged robots into wider commercial use.

    Led by Matrix Partners China.

    Source · 36kr.com ↗
  4. Reported Jul 30, 2021

    Series A

    tens of millions of US dollars

    The Series A backed Unitree’s development of quadruped robots.

    Led by Shunwei Capital.

    Source · shunwei.com ↗

Unitree Founding Team

Wang Xingxing built the XDog quadruped while pursuing his master’s degree. The prototype used low-cost brushless motors, an approach that carried into his work on more accessible legged robots at Unitree.

Unitree Products

  • Unitree Humanoid Robots

    Use humanoid hardware to develop and test robotics applications.

Unitree Company Development

Humanoids Join the Quadruped Product Line

Unitree established a range of four-legged robots before adding humanoids. The move changes the physical tasks its products can pursue: a quadruped is a mobile platform, while a humanoid can be built to interact with tools and spaces designed around people.

Unitree Competitive Landscape

Body Form and the Task It Has to Perform

Unitree spans quadrupeds and humanoids, whereas a humanoid-first developer such as Figure concentrates on human-scale manipulation. A buyer or research team choosing between platforms has to start with the required body form and environment.