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Unitree Robotics

APrivate (Shanghai STAR Market IPO filed)Founded 2016🇨🇳Hangzhou, China
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CEO

Wang Xingxing

Overview

Unitree Robotics is a Hangzhou-based civilian robotics company building quadrupeds, humanoids, dexterous hands, robot arms, and core robot components. After leading the market for publicly sold quadruped robots, Unitree expanded aggressively into humanoids with H1, G1, R1, and H2, while keeping price points far below most Western peers. Unitree's March 2026 Shanghai IPO filing says the company sold 5,500 humanoid robots in 2025, generated 1.71 billion yuan ($250 million) in revenue, delivered 600 million yuan ($90 million) in adjusted net profit, and shipped more than 30,000 quadruped robots between 2022 and September 2025.

Main Products

G1

G1

Commercially Available

Compact humanoid platform designed for embodied-AI development, education, and research. Unitree positions G1 as a low-cost humanoid avatar with optional dexterous hands, 3D LiDAR, depth cameras, and 23 to 43 total joints depending on configuration.

In market since 2024 and positioned primarily for developers, universities, and research labs. G1 also sits under Unitree's newer competition, data-training, and robot-combat variants.

Starting Price$13.5K
Height / Weight132 cm / 35 kg
DOF23 to 43 joints
Battery LifeAbout 2 hours
H1

H1

Commercially Available

Unitree's first universal full-size humanoid robot and the platform that put the company on the global humanoid map. It remains a high-mobility research platform with 3D LiDAR, depth sensing, and record-setting running performance.

Still offered alongside the heavier H1-2 configuration and newer H2 platform. Primarily used for research, robotics development, and public demonstrations.

Top Speed3.3 m/s
Height / Weight180 cm / 47 kg
Max Joint Torque360 N.m

H2

Commercially Available

Second-generation full-size humanoid platform aimed at broader embodied-AI and service use cases. H2 adds a bionic head, higher onboard compute, longer battery life, and a more capable upper body than H1.

Unveiled in October 2025 and listed publicly with a base price in 2026. Positioned above H1 and G1 as Unitree's more capable full-size humanoid platform.

Starting Price$29,900
Height / Weight182 cm / 70 kg
DOF31 joints
Battery LifeAbout 3 hours

R1

Commercially Available

Low-cost lightweight humanoid designed to push embodied-AI development toward broader developer and consumer experimentation. R1 integrates voice and image multimodal interaction with a smaller, cheaper body than G1 or H2.

Launched in July 2025 as Unitree's lowest-cost humanoid platform, with Air, standard, and EDU variants.

Starting Price$4,900
Height / Weight123 cm / 27-29 kg
DOF20 to 40 joints
Battery LifeAbout 1 hour

Go2

Commercially Available

Unitree's mainstream consumer and developer quadruped platform. Go2 pairs low pricing with 4D LiDAR, OTA updates, app control, and enough mobility to make quadrupeds accessible outside elite labs and enterprise buyers.

Core quadruped product line since 2023, with Air, Pro, X, and EDU configurations sold globally across consumer, education, and developer markets.

Starting Price$1,600
WeightAbout 15 kg
Top SpeedApprox. 5 m/s
PayloadApprox. 7 kg

B2

Commercially Available

Industrial quadruped built for power inspection, emergency response, and harsh-environment field work. B2 pushes far beyond consumer quadrupeds on load, endurance, and climbing ability.

Industrial flagship since late 2023, with optional wheeled-foot configuration for higher-efficiency field deployment.

Top Speed> 6 m/s
Standing / Walking Load>= 120 kg / > 40 kg
Battery Life4-6 hours
Ingress ProtectionIP67

What's Next

Execute the Shanghai STAR Market IPO

Complete the proposed Shanghai STAR Market listing and deploy the targeted 4.2 billion yuan raise into robot model R&D, robot-body R&D, new product development, and a manufacturing base build-out.

2026

Scale manufacturing capacity

Increase output toward the prospectus target of 75,000 humanoids and 115,000 quadrupeds annually over the next five years, moving beyond research buyers into larger commercial volumes.

2026-2030

Broaden the embodied-AI product stack

Keep expanding from finished robots into embodied models, dexterous hands, robotic arms, sensors, and new robot platforms, while improving the commercial usefulness of the humanoid lineup.

2026-2028

Operations & Revenue

StatusOperational

Profitable as of 2025, with 1.71 billion yuan in revenue and 600 million yuan in adjusted net profit. Humanoids accounted for 51.5% of core revenue in 2025, but Unitree remains a scaled quadruped business as well, with over 30,000 quadrupeds shipped from 2022 through September 2025.

Revenue Streams

Humanoid robot sales (G1, H1, H2, R1)

Humanoid platforms sold into research, education, developer, and early commercial use cases. In 2025, humanoids became 51.5% of Unitree's core revenue, with more than 70% of units sold into research and education.

Quadruped robot sales (Go2, B2, A2 and variants)

Consumer and industrial quadrupeds remain a core business line for research, inspection, emergency response, and field operations. Unitree shipped more than 30,000 quadrupeds between 2022 and September 2025.

Robot components and developer hardware

Unitree also sells dexterous hands, robotic arms, LiDAR, joint modules, and other robot components, expanding beyond finished robots into a broader embodied-AI hardware stack.

Key Metrics

Employees

~480

Est. Annual Revenue

1.71B yuan ($250M) in 2025

2025 Revenue

1.71B yuan ($250M)

2025 Adjusted Net Profit

600M yuan ($90M)

2025 Humanoid Robots Sold

5,500

Quadruped Robots Shipped

30,000+ (2022 to Sep 2025)

Timeline

2026Shanghai IPO filing follows first profitable year

Files for a Shanghai STAR Market IPO on March 20, 2026 after reporting 1.71 billion yuan in 2025 revenue, 600 million yuan in adjusted net profit, and 5,500 humanoid robots sold during the year.

2025R1 and H2 launch as humanoid scale accelerates

Unitree stages 16 H1 robots at China's Spring Festival Gala, hosts a G1 humanoid robot combat event, launches the low-cost R1 humanoid, unveils the H2 full-size platform, and becomes the world's top humanoid seller by volume in 2025.

2024G1 launches at a breakout price point

Introduces the G1 humanoid platform, bringing Unitree's low-cost playbook to humanoids with a starting price that undercuts most competitors and targets developers, research institutions, and education customers.

2023Go2, B2, and H1 expand the lineup

Launches the Go2 consumer quadruped, B2 industrial quadruped, and the first universal humanoid robot H1, broadening Unitree from low-cost quadrupeds into higher-end industrial and humanoid systems.

2021Go1 quadruped launches at $2,700

Launches the Go1 quadruped robot at $2,700, making dynamic legged robots accessible to researchers, developers, and hobbyists worldwide.

2016Founded in Hangzhou

Wang Xingxing founds Unitree Robotics in Hangzhou, China, with a mission to make high-performance legged robots affordable and accessible.

Funding

RoundDateAmountInvestorsSource
Series A2018UndisclosedSequoia Capital China
Series B2021UndisclosedShunwei Capital, Sequoia Capital China
Strategic RoundFebruary 2024$139MMeituan, Source Code Capital, CITIC Securities, Shenzhen Capital Group, China Internet Investment Fund, Winreal Investment, Dunhong Capital Management
Proposed IPOMarch 20264.2B yuan ($610M) targetedPublic markets (planned Shanghai STAR Market listing)