Saturday, July 4, 2026
Unitree wins approval for $618M Shanghai STAR Market IPO
Chinese robot maker Unitree Robotics received registration approval on July 3 for an initial public offering on Shanghai's STAR Market, clearing the listing in a record 104 days. The company plans to raise about 4.2 billion yuan (roughly $618 million) by selling at least 40.4 million shares, a minimum 10% stake that implies a valuation of around 42 billion yuan. Proceeds will fund robot model development, robot-body research, new products and manufacturing capacity, with a market debut possible as early as late July.
/ Sources
/ Related
- Unitree opens Western commercial sales of its humanoid robotsSunday, July 26, 2026
- Unitree wins approval for landmark Shanghai humanoid-robot IPOTuesday, July 14, 2026
- Pentagon blacklists BYD, NIO, and Unitree as Chinese military firmsTuesday, June 9, 2026
- Nvidia and Unitree unveil Isaac GR00T H2+ humanoid reference platformWednesday, June 3, 2026