China’s Unitree Robotics Hits $1.3B Valuation as Humanoids Gain Investor Confidence

Unitree Robotics has emerged as China’s latest unicorn, securing funding from tech giants like Alibaba, Tencent, and ByteDance-affiliated Jinqiu Capital. The Hangzhou-based startup, founded in 2016, now boasts a $1.3 billion valuation, with registered capital exceeding $50.7 million.

The company’s humanoid and quadruped robots are gaining traction in industrial and public sectors, thanks to competitive pricing and utility-focused designs. Strategic backing from Chinese tech heavyweights underscores Beijing’s push to dominate next-generation robotics, mirroring past successes in solar and telecommunications.

Unlike earlier robotics ventures, Unitree emphasizes practical applications over speculative hype. This approach has resonated with investors, positioning the company as a key player in China’s bid for global robotics leadership.