Unitree Targets $9B Valuation in Shanghai IPO, DeepSeek Among Investors
lukas_m_ziegler · x · 2026-08-11
China's Unitree priced its Shanghai IPO at a $9B valuation, raising $900M to become the first mainland-listed humanoid robot maker.
- Oversubscription: The offering was oversubscribed 2,760x.
- Financials: Revenue quadrupled to 1.7B yuan in 2025, and the company is profitable. Humanoid sales (867.8M yuan) have overtaken quadrupeds as the largest business segment.
- Strategic Investors: DeepSeek is among the strategic investors participating in this round.
Related event: Unitree Lists on STAR Market with $9B Valuation(7 posts)→
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