China’s Unitree Robotics Eyes $7 Bn IPO Amid Rising Interest in Humanoid Robots
The IPO, still in early stages, is expected to submit listing documents in Q4.
Chinese robotics startup Unitree Robotics is preparing for an initial public offering (IPO) with a potential valuation of up to 50 billion yuan ($7 billion), Reuters reported.
Unitree plans to list on Shanghai’s STAR Market, targeting one of the largest onshore tech IPOs in recent years. The IPO comes as Beijing increases support for tech champions amid a renewed focus on robotics, AI, and semiconductor development, driven by an ageing population and rising U.S.-China tech competition.
Founded in 2016, Unitree has grown rapidly, serving Chinese universities, entertainment events, and commercial applications. The company counts over 30 investors, including Alibaba, Tencent, and Geely Holding Group, and reported annual revenue exceeding 1 billion yuan as of June 2025.
The IPO, still in early stages, is expected to submit listing documents in Q4. While the target valuation would mark a significant leap from Unitree’s previous 12 billion yuan funding round, the final size will depend on market conditions and investor demand.
The Hangzhou-based firm, known for its humanoid robots capable of walking, climbing, and carrying loads, has captured global attention with viral demonstration videos released last year.
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