The Chinese humanoid and robot dog maker is valued at US$1.3 billion in its latest financing round
Notable backers in the latest funding round included ByteDance-affiliated Jinqiu Capital, Alibaba Group Holding and affiliate Ant Group, Tencent Holdings, China Mobile and carmaker Geely Group. Alibaba owns the South China Morning Post.
Jinqiu partner Zang Tianyu said in a statement that Unitree was the world’s top producer of quadruped and humanoid robots. He stressed that the start-up had the potential to lead advances in humanoid robotics, leveraging its extensive expertise across hardware and software.
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