Unitree Robotics Completes Series C Funding with Major Tech Backers

Hangzhou, China - Unitree Robotics has successfully concluded its Series C financing round, marking a significant milestone for the humanoid robotics developer. The funding was jointly led by prominent investment groups including China Mobile's investment fund, Tencent, Alibaba, Ant Group, and Geely Capital. Most existing shareholders also participated in the follow-on investment.

Valuation Surge and Market Impact

The company's pre-money valuation has now surpassed 10 billion RMB ($1.4 billion), with some investors suggesting this figure remains conservative given Unitree's technological advancements. This represents a notable increase from its 8 billion RMB valuation during the previous funding round just six months ago.

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Strategic Developments and IPO Speculation

Founded in 2016, Unitree has completed nine funding rounds to date. The company recently changed its legal name from Hangzhou Unitree Technology Co., Ltd. to Hangzhou Unitree Technology Corporation Limited, a move industry analysts interpret as preparation for potential public listing.

"The corporate restructuring and consistent fundraising success strongly suggest IPO preparations," noted Li Wei, a robotics sector analyst at Shanghai-based consultancy Emerging Tech Insights. "The participation of China's tech giants provides both capital and strategic advantages for scaling operations."

Global Expansion Plans

Founder Wang Xingxing revealed discussions with Hong Kong authorities about potential partnerships during recent exchanges. While acknowledging that a Hong Kong listing remains "possible but uncertain," Wang expressed optimism about the company's growth trajectory.

Unitree has emerged as a leader in bipedal robotics, with its H1 model gaining international recognition for advanced mobility and AI integration capabilities. The fresh capital injection is expected to accelerate R&D and global market expansion.

Key Points:

• Series C funding secured with Tencent, Alibaba among lead investors
• Valuation exceeds 10 billion RMB, up from 8 billion six months ago
• Corporate restructuring suggests IPO preparation underway
• Founder confirms Hong Kong business operations and partnership talks
• Company positioned as leader in humanoid robotics technology