Unitree files for IPO on Shanghai’s STAR Market, aims to raise $610M
Unitree’s IPO bid follows the success of Shenzhen-based UBTech, which was the first humanoid robotics company to list on the Hong Kong Stock Exchange in late 2023.
Tag: humanoid robotics
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Xiaomi founder praises early bet on Unitree at spring product launch
Unitree’s early years coincided with a difficult fundraising environment for bionic robotics. Shunwei was one of the first prominent VCs to back the startup.
Robot hand startup Xynova snags pre-Series A funding amid embodied AI race
A proprietary new manufacturing facility is entering ramp-up production, with annual capacity expected to exceed 10,000 dexterous hands and 200,000 miniature actuators by year-end.