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.
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.
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.
He favors world-model approaches over Vision-Language-Action (VLA) models, arguing they can leverage vast online data for higher performance.