
Unitree Robotics
Unitree Robotics is a Hangzhou-based maker of quadruped and humanoid robots and their core components, founded in 2016 by Wang Xingxing. It built its business on low-cost, high-performance robot dogs and since 2023 has become the largest bipedal humanoid producer by volume, with the G1, H1, H2 and R1 platforms, roughly 18,000 cumulative bipeds produced as of July 2026, and its own joint modules, dexterous hands and embodied AI models. It listed on the Shanghai STAR Market on 19 August 2026 under code 688836, the first pure-play humanoid robot maker on China's A-share market.
- Founded
- 2016
- Headquarters
- HangzhouChina
- Employees
- 800
- Valuation
- $50B
- Products
- 6
- Our coverage
- 80stories

Unitree’s Blockbuster IPO Highlights the Scramble for Embodied AI Supremacy 
The DJI Playbook: How Unitree’s Aggressive Vertical Integration is Cornering the Humanoid Market 
Unitree Scales Global Ambitions with Reported Alibaba Strategic Partnership 
Sacred Ground, Silicon Swarm: Unitree’s G1 Fleet Performs at the Temple of Heaven 
Unitree Expands R1 Lineup with Dual-Arm Modular Platform Starting at $4,290 
Beyond the Gala: OmniXtreme Breaks the Generality Barrier for Humanoid Agility
6 images — scroll for more
What it builds
Unitree Robotics, the trading name of 宇树科技股份有限公司 (previously Hangzhou Yushu Technology Co., Ltd.), was founded in Hangzhou in August 2016 by Wang Xingxing, who remains chairman and CEO. The company began with quadrupeds — it describes itself as the first firm to retail high-performance quadruped robots openly — and moved into bipeds with the H1 in 2023. Its current catalogue spans the G1 compact biped (roughly $16,000 and up), the lightweight R1, launched in July 2025 from 39,999 yuan (about $5,900), and the full-size H2, unveiled in October 2025 with around 31 degrees of freedom and, unusually for the line, a bionic face. Unitree also sells joint modules, dexterous hands, collaborative arms and lidar units, and in May 2026 launched GD01, an optionally manned bipedal-to-quadrupedal mecha priced from 3.9 million yuan. In August 2026 it previewed a prototype it calls "Superman," claiming 12.66 m/s running speed and a two-metre standing jump.
Vertical integration
Unitree's cost position rests on making most of its own hardware. A SemiAnalysis analysis covered by this publication put the G1's bill of materials at $8,976, with roughly 86% of the BoM produced in-house and gross margins near 60%. That structure underpinned a revenue jump from 392 million yuan in 2024 to about 1.7 billion yuan in 2025; humanoids accounted for 51.5% of revenue in the first nine months of 2025, overtaking quadrupeds. Q1 2026 net profit fell 47.7% year on year as spending rose.
Volume and market position
Unitree said it had produced roughly 18,000 bipedal humanoids cumulatively as of July 2026, a figure it pointedly limits to legged machines. It shipped more than 5,500 humanoids and 33,000 quadrupeds in 2025. Counterpoint Research put its first-half 2026 humanoid shipments above 7,000 units, or 31.1% of the global market, second to AGIBOT's 9,700. Its hardware is also a research standard: the G1 was the platform for the 500-hour HIW-500 home teleoperation dataset released with BitRobot and Hugging Face.
Listing and ownership
Unitree filed for a STAR Market IPO on 20 March 2026, cleared the listing committee in 73 days and completed registration in 104 days — a record pace for the board. It sold 40.45 million shares at 150.80 yuan, raising 6.1 billion yuan ($904 million), and listed on 19 August 2026 under code 688836 as mainland China's first listed pure-play humanoid maker. Shares opened at 1,100 yuan, up 629%, and closed at 845 yuan, valuing the company near $50 billion. Wang holds 34.76% of equity and 68.78% of votes; Meituan-affiliated vehicles are the largest external bloc at about 9.65%, and DeepSeek took 2.31% via a 140.8 million yuan strategic investment tied to joint work on embodied AI models.
Constraints
Unitree's export path narrowed in July 2026, when the Trump administration directed the FCC to bar imports of new Chinese humanoid and quadruped robots. At the 2026 World Robot Conference, Wang said the company has held back from large-scale factory deployment because throughput lags human workers and each new task requires retraining.
Robots & products
A selection of the company's announced products, not a complete catalogue.

H2
Commercially availableBipedal humanoid · announced October 2025
Full-size humanoid successor to the H1, unveiled in a launch video titled "Destiny Awakening" and the first Unitree humanoid with a lifelike face, with optional dexterous hands and Nvidia Jetson Orin NX compute.
GD01
Commercially availableOther · announced May 2026
Optionally manned transformable mecha that switches between bipedal and quadrupedal locomotion, launched from 3.9 million yuan and pitched as a motion-control research and high-risk-environment platform.
- Weight
- 500 kg· 1102 lb
R1
Commercially availableBipedal humanoid · announced July 2025
Ultra-lightweight, customizable humanoid aimed at individual developers and consumers, marketed as "born for sport" and priced from 39,999 yuan.
- Height
- 121 cm· 4 ft
- Weight
- 25 kg· 55 lb
- DoF
- 26
- Price
- $5.9K
UnifoLM-X1-0
AnnouncedAI model
Unitree's embodied AI model, used to drive G1 humanoids performing assembly work in the company's own factory.
H1
Commercially availableBipedal humanoid
Unitree's first full-size bipedal humanoid, later used in speed-record attempts and modified for the Beijing humanoid marathon.
G1
Commercially availableBipedal humanoid
Compact bipedal humanoid used as Unitree's volume platform for research, demonstrations and teleoperated logistics work, and the hardware behind the HIW-500 home teleoperation dataset.
- Payload
- 5 kg· 11 lb
Funding
$924.8M raised| Round | Date | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| IPO | August 2026 | $904M | $9B | Citic Securities |
| Strategic | August 2026 | $20.8M | — | — |
| Series C | June 2025 | Undisclosed | $1.7B | — |
Timeline
Wang Xingxing says humanoids are not ready for factory scale
At WRC 2026 the CEO said throughput remains below a human worker's and every new task requires retraining, defining the field's "ChatGPT moment" as 80% task completion by voice in an unfamiliar environment.
Not Ready to Scale: Unitree CEO Wang Xingxing on Why Humanoids Still Aren’t Working in FactoriesShares surge up to 629% on STAR Market debut
Shares opened at 1,100 yuan on the first trading day; the company reported 2025 net profit of 278 million yuan on shipments of over 5,500 humanoids and 33,000 quadrupeds.
Unitree Soars Over 600% in Shanghai IPO, Cements China’s Lead in Humanoid Hardware"Superman" prototype claims 12.66 m/s and 2-meter standing jump
Unitree previewed a humanoid it says exceeds Usain Bolt's peak velocity, developed in just over three months.
Unitree Unveils "Superman" Robot, Claims to Shatter Human Speed and Jump RecordsCumulative bipedal humanoid production reaches about 18,000
Unitree said the figure covers bipedal models only, explicitly excluding wheeled and hybrid humanoid platforms.
Unitree Reclaims the Spotlight with 18,000 Cumulative Bipedal Humanoids ProducedAGIBOT overtakes Unitree in first-half 2026 shipments
Smart Analytics Global put AGIBOT at roughly 8,400 units and 44% share for 1H 2026, pushing Unitree into second place.
Global Humanoid Shipments Surge 272% in 1H 2026 as AGIBOT Overtakes UnitreeIPO raises about $904 million; DeepSeek takes 2.31% stake
The offering was oversubscribed 8,288 times online, valuing Unitree at roughly 61 billion yuan, with DeepSeek investing 140.8 million yuan and agreeing to co-develop embodied AI models.
Unitree’s Blockbuster IPO Highlights the Scramble for Embodied AI SupremacySTAR Market IPO price inquiries begin
Unitree opened preliminary price inquiries for 40.45 million shares targeting 4.2 billion yuan, with underwriter Citic Securities estimating a post-IPO valuation of 50.6 to 55.9 billion yuan.
Unitree Kicks Off STAR Market IPO Amid Deepening US-China Robotics RivalryUS moves to ban imports of Chinese humanoids
The Trump administration prepared FCC restrictions on Chinese humanoid and quadruped imports, directly affecting Unitree, which had also been added to a Pentagon list of alleged Chinese military-backed companies.
The Imminent Embodied AI Ban: FCC to Target Chinese HumanoidsSemiAnalysis details Unitree's vertical-integration cost advantage
A SemiAnalysis report estimated the G1's bill of materials at $8,976 and put roughly 250 Unitree humanoids in active teleoperated labor deployments.
The DJI Playbook: How Unitree’s Aggressive Vertical Integration is Cornering the Humanoid MarketClears STAR Market listing committee in 73 days
Approval came 73 days after the application was accepted; registration was completed in 104 days, both records for the board.
technode.com ↗Launches GD01 manned transformable mecha
Priced from 3.9 million yuan, the GD01 carries an operator and shifts between bipedal and quadrupedal modes.
baike.baidu.com ↗Files for STAR Market IPO in Shanghai
The Shanghai Stock Exchange accepted Unitree's listing application, starting what became the fastest approval run in STAR Market history.
caifuhao.eastmoney.com ↗H2 unveiled as full-size successor to the H1
The H2 added a lifelike face, optional dexterous hands and Jetson Orin NX compute options to Unitree's full-size line.
therobotreport.com ↗H1 tops medal table at first World Humanoid Robot Games
Unitree took four golds including the 400 m, 1,500 m and 4x100 m relay and 11 medals overall at the inaugural Beijing games.
robotics247.com ↗R1 humanoid launched at 39,999 yuan
The 121 cm, 25 kg, 26-joint R1 undercut Unitree's own G1 and most rivals at about $5,900, aimed at developers and consumers.
scmp.com ↗Unitree files IPO counselling record with CITIC as sponsor
The Zhejiang securities regulator disclosed the filing, starting the process that led to the STAR Market listing; Wang Xingxing controlled about 34.76% of the company.
paper.cnstock.com ↗Series C round makes Unitree a legged-robot unicorn
An undisclosed Series C raise lifted Unitree's valuation to roughly 12 billion yuan ($1.7 billion), with investors including China Mobile Capital and HongShan.
therobotreport.com ↗Researchers disclose undocumented remote-access backdoor in Go1
A pre-installed tunnel service with default credentials, later catalogued as CVE-2025-2894, exposed cameras and controls of sold robots; Unitree disabled the service.
cybernews.com ↗Wang Xingxing attends Xi Jinping's private-enterprise symposium
The founder's seat alongside China's biggest tech bosses signalled state-level backing and made Unitree a national champion of embodied AI.
scmp.com ↗Sixteen H1 humanoids dance at CCTV Spring Festival Gala
Zhang Yimou's "YangBOT" yangge routine reached a national audience and, in Unitree's own IPO disclosures, drove a jump in domestic orders.
technode.com ↗G1 humanoid launched at $16,000
The 127 cm, 35 kg G1, shown around ICRA 2024 at 99,000 yuan, reset price expectations for humanoids and became Unitree's best-known platform.
robotsguide.com ↗H1 performs a backflip, a first for a full-size electric humanoid
The stunt, done without hydraulics, followed the H1's claimed humanoid walking-speed record set earlier the same month.
interestingengineering.com ↗B2 round of nearly 1 billion yuan; Meituan invests for first time
About US$139 million from Meituan, CITIC Jinshi, Source Code Capital and existing holders including Shenzhen Capital, at a valuation reported near 3.1 billion yuan.
dealstreetasia.com ↗H1, Unitree's first humanoid, unveiled at under $90,000
The 1.8 m, 47 kg full-size biped was developed in roughly six months off the back of the company's quadruped drivetrain work and marked its entry into the humanoid race.
therobotreport.com ↗Go2 quadruped launched from $1,600 with GPT integration
The Go2 undercut the Go1 and became Unitree's volume seller in education and consumer markets.
prnewswire.com ↗Series B of several hundred million yuan announced
Led by Matrix Partners China and Dunhong Capital, with Hexagon AB, Shunwei Capital, Rongyi and Shenzhen Capital Group participating.
equalocean.com ↗109 Unitree quadrupeds appear at Beijing Winter Olympics opening
Unitree says 109 of its "lucky tiger" robots formed characters at the 4 February 2022 opening ceremony, a year after its robot ox "Benben" danced at the 2021 CCTV Spring Festival Gala.
unitree.com ↗Go1 launched at $2,700, collapsing quadruped prices
The consumer-grade Go1 line started at about US$2,700 against Boston Dynamics Spot's $74,500 and became the product that made legged robots a mass-market item.
techeblog.com ↗Pre-A+ round from Chuxin Capital with Sequoia China following on
Institutional money arrived after Sequoia China's seed fund had led a Pre-A round of tens of millions of yuan around the turn of 2019-2020; Sequoia, Vertex China and Chuxin backed the follow-on.
pe.pedaily.cn ↗Laikago, Unitree's first commercial quadruped, shown publicly
Named after the Soviet space dog Laika, the roughly $20,000-$30,000 machine took Unitree's XDog research prototype to market and was positioned as a low-cost alternative to Boston Dynamics hardware.
slashgear.com ↗Wang Xingxing founds Unitree in Hangzhou
The company was incorporated on 26 August 2016 and began by retailing high-performance quadruped robots.
caifuhao.eastmoney.com ↗
Latest on Unitree Robotics
All 80 stories →Hack One Robot, Reach the Next: How Unitree’s G1 Left the Door Open to Root Takeover
A new security disclosure reveals how proximity and a cloud flaw enabled unauthenticated root takeover of Unitree’s G1 humanoid, spotlighting the physical risks of software security in embodied robotics.
Not Ready to Scale: Unitree CEO Wang Xingxing on Why Humanoids Still Aren’t Working in Factories
Days after Unitree’s blockbuster listing, founder Wang Xingxing used his WRC 2026 stage time to explain why the company has held back from large-scale factory deployment — and laid out the generalization bottleneck, the "lossy" nature of physical AI, and a self-evolving software loop aimed at both.
Global Humanoid Shipments Surpass 22,000 in H1 2026 as AGIBOT Leads and Form-Factor Debates Intensify
A new report from Counterpoint Research reveals global humanoid shipments surged nearly 300% in the first half of 2026, with AGIBOT capturing top market share while the industry grapples with how to define humanoid form factors.
Unitree Soars Over 600% in Shanghai IPO, Cements China’s Lead in Humanoid Hardware
Unitree Robotics made its highly anticipated debut on the STAR Market, with shares surging as the company leverages massive scale, a DeepSeek AI partnership, and intense vertical integration to dominate the global robotics race.
Unitree Unveils "Superman" Robot, Claims to Shatter Human Speed and Jump Records
With a reported top speed of 12.66 m/s and a 2-meter standing high jump, Unitree’s latest prototype appears to fulfill its CEO’s promise to outpace the world’s elite human athletes.
Unitree Reclaims the Spotlight with 18,000 Cumulative Bipedal Humanoids Produced
Fresh off its blockbuster Shanghai IPO, Unitree revealed it has manufactured roughly 18,000 bipedal humanoids—a count that explicitly excludes wheeled or hybrid platforms in an ongoing rivalry with AGIBOT.
Global Humanoid Shipments Surge 272% in 1H 2026 as AGIBOT Overtakes Unitree
A new market report reveals explosive humanoid shipment growth driven by industrial deployment and Chinese ecosystem dominance, even as geopolitical risks and software limitations loom.
Unitree’s Blockbuster IPO Highlights the Scramble for Embodied AI Supremacy
With its Shanghai STAR Market IPO massively oversubscribed, Unitree Robotics has secured a roughly $9 billion valuation and a strategic partnership with AI heavyweight DeepSeek, setting the stage for the next phase of the humanoid robot race.
Unitree Kicks Off STAR Market IPO Amid Deepening US-China Robotics Rivalry
Chinese humanoid giant Unitree Robotics is targeting a post-IPO valuation of up to $7.4 billion as it navigates sweeping US import bans and intensifying global competition.
The Imminent Embodied AI Ban: FCC to Target Chinese Humanoids
The Trump administration is reportedly preparing to direct the FCC to ban new imports of Chinese humanoid robots, quadrupeds, and connected power inverters in a sweeping move to protect the U.S. AI buildout.
The Battle Over Chinese Humanoids: As Congress Debates the GUARD Act, Industry Divides Over National Security vs. Research Reality
As Congress advances legislation to restrict Chinese robotics, an op-ed from Agility’s CEO and sharp pushback from prominent AI researchers reveal a deepening rift in the U.S. robotics ecosystem.
BitRobot and Hugging Face Drop HIW-500: A Massive 10TB Real-Home Humanoid Dataset
BitRobot, Hugging Face, and Unitree have teamed up to release Humanoids-in-the-Wild 500 (HIW-500), a massive 500-hour teleoperation dataset collected across real homes in Southeast Asia using Unitree G1 hardware.
The DJI Playbook: How Unitree’s Aggressive Vertical Integration is Cornering the Humanoid Market
A new report from SemiAnalysis details how Unitree Robotics is mirroring the strategies of Chinese hardware giants like DJI and BYD, leveraging a sub-$9,000 BoM and rapid actuator iteration to cross the threshold of economic viability in teleoperated labor.
Unitree Clears Major Hurdle with Fast-Track STAR Market IPO Approval
Hangzhou-based Unitree Robotics has secured official approval from the Shanghai Stock Exchange for its initial public offering, setting a pre-review speed record and solidifying its position as the first embodied AI pure-play on the Chinese A-share market.
NVIDIA GTC: NVIDIA and Sharpa Unveil Isaac GR00T Reference Humanoid Robot
Announced at GTC Taipei, the NVIDIA Isaac GR00T Reference Humanoid Robot bundles a Unitree H2 Plus chassis, Jetson Thor compute, and Sharpa Wave tactile hands into a unified open platform.
Inside Unitree’s Prospectus: Revenue Climbs and Profits Dip as Star Market IPO Hearing Approaches
Unitree Robotics is heading to its highly anticipated June 1 listing hearing with an updated prospectus that highlights the delicate balance between explosive revenue growth and skyrocketing R&D expenses.
The Complicated Dance: Security Anxieties Meet the Chinese Humanoid Influx
As affordable Chinese hardware like the Unitree G1 floods American labs, security experts and domestic competitors warn of a "Trojan Horse" scenario regarding data privacy and remote hijacking.
Unitree Expands R1 Lineup with Dual-Arm Modular Platform Starting at $4,290
Unitree Robotics has unveiled a new dual-arm humanoid series featuring fixed and wheeled bases, positioning the hardware as a low-cost entry point for complex task development.
State Grid’s $995 Million Bet: 8,500 Robots to Spearhead "Deployment Year One" in Energy
State Grid Corp. of China has unveiled a landmark 6.8 billion yuan ($994.7 million) procurement plan for 8,500 embodied AI units, signaling the first 10-billion-yuan vertical market for humanoid and quadruped robotics.
Beijing Humanoid Half-Marathon: Honor Sweeps Podium as Robots Shatter Human World Record
The second annual Beijing Humanoid Robot Half-Marathon saw a historic leap in performance, with Honor’s "Lightning" model surpassing the human world record. While 300 robots competed in China, a sharp contrast emerged as Tesla opted to showcase Optimus on the sidelines of the Boston Marathon.
Unitree Enters H1 in Beijing Marathon, Distances Itself from Independent Teams
After a year of distancing itself from third-party performance at the Beijing Humanoid Robot Marathon, Unitree officially enters the race with a fine-tuned H1 aiming for a sub-60-minute half-marathon.
Unitree R1 Hits AliExpress: The TIME "Best Invention" Goes Global
Unitree Robotics has officially listed the R1 humanoid on AliExpress, marking a major step in its international expansion. With prices starting at $6,800, the move follows a reported strategic partnership with Alibaba to democratize bipedal robotics.
Unitree H1 Reclaims Speed Record with Blistering 10 m/s Sprint
Unitree Robotics has demonstrated its H1 model hitting a peak speed of 10 meters per second, matching the world record and moving closer to CEO Wang Xingxing’s prediction of outrunning elite human athletes by mid-2026.
Unitree Scales Global Ambitions with Reported Alibaba Strategic Partnership
Unitree Robotics is reportedly partnering with Alibaba’s AliExpress to launch the R1 humanoid robot in global markets, marking a significant shift toward mass-market consumer accessibility ahead of its $580 million IPO.
Sources
- Unitree Soars Over 600% in Shanghai IPO· checked August 22, 2026
- The DJI Playbook: How Unitree's Aggressive Vertical Integration is Cornering the Humanoid Market· checked August 23, 2026
- Unitree Unveils "Superman" Robot, Claims to Shatter Human Speed and Jump Records· checked August 23, 2026
- Unitree Robotics | Robot Dog_Quadruped_Humanoid Robotics Company· checked August 23, 2026
- 招股书去水还原:宇树科技· checked August 23, 2026
- Unitree set for STAR Market listing on August 19· checked August 23, 2026
- Unitree Stock Jumps 629% on Debut: Why Demand Exploded and Where It Stands Now· checked August 23, 2026
- Unitree Robotics Surges 460% After $904 Million Shanghai IPO· checked August 23, 2026
- Unitree Robotics stock soared in Shanghai debut as China's first listed humanoid robot maker· checked August 23, 2026
- Unitree Robotics | LinkedIn· checked August 23, 2026
- Leju raises $200M for humanoid production as Unitree unveils H2· checked August 23, 2026
- China's Unitree debuts US$5,900 humanoid robot in race to make cheaper products· checked August 23, 2026
- Unitree GD01· checked August 23, 2026























