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Unitree Robotics’ R1 humanoid robot is showcased at the Hangzhou Robotics Exhibition in Hangzhou on May 15, 2026. Photo: VCG
The robotics startup plans to raise about 4.2 billion yuan on Shanghai’s STAR Market, with humanoid machines now its largest revenue source
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Unitree Robotics’ R1 humanoid robot is showcased at the Hangzhou Robotics Exhibition in Hangzhou on May 15, 2026. Photo: VCG

Humanoid robots overtake quadrupeds as revenue driver, powering profitability turnaround

Unitree gets China’s approval to list on Shanghai’s STAR Market, advancing a planned fundraising of about $618 million as…

The humanoid robot manufacturer cleared regulatory reviews in a record 104 days, targeting a valuation of 42 billion yuan amid…

The company is set to become the first mainland-listed company in the sector after securing fast-track approval for its STAR…

Profitable robotics maker wins backing from DeepSeek as Chinese embodied-AI startups hurry to raise capital ahead of a possible…

Unitree, a leading Chinese robotics company, has priced its Shanghai initial public offering (IPO) at 150.80 yuan per share,…