Humanoid robot maker Unitree Robotics gets approval for $617 million IPO
The technologies of the future are no longer confined to laboratories — they are beginning to live their own lives on the stock exchange. When a company that builds robots that walk, run and work alongside humans goes public, it is not just a financial event but a signal that yesterday’s science fiction is becoming today’s reality. Unitree’s success, with revenue growing tenfold in three years, shows that China is not only catching up with the world in robotics but also setting new standards for commercialising advanced technology.
On Monday, the Shanghai Stock Exchange approved the registration of the initial public offering (IPO) of Chinese humanoid robot maker Unitree Robotics. The company officially filed for its IPO on 20 March, and on 2 July the China Securities Regulatory Commission issued a document confirming approval for registration and listing on the STAR Market. Founded in August 2016 in Hangzhou, Zhejiang Province, Unitree Robotics specialises in high‑performance humanoid and quadruped robots, robotic components and AI models. The company was among the first in the world to commercialise high‑performance quadruped robots and deploy them in industrial settings.
According to the prospectus, the company plans to raise 4.2 billion yuan (about $617.97 million). The proceeds will fund projects for intelligent robot models and robotic bodies, new product development and construction of a smart robot manufacturing base. Operating revenue grew from 159 million yuan in 2023 to 393 million in 2024, reaching nearly 1.7 billion yuan in 2025.
In June 2025, the China Securities Regulatory Commission introduced a reform package for the STAR Market, including a pilot mechanism for pre‑screening IPO applications from high‑quality tech companies. Unitree Robotics became the second company to apply under this mechanism. The STAR Market was launched in June 2019 on the Shanghai Stock Exchange to support companies in high‑tech and strategic emerging sectors. As CCTV+ reports. Unitree’s successful listing will serve as an important indicator of investor confidence in China’s robotics industry and its commercial potential.
