Unitree becomes a legged robot unicorn with Series C funding - The Robot Report

Unitree Robotics, a Hangzhou-based company specializing in legged robots, recently secured an undisclosed amount of Series C funding, boosting its valuation to approximately 12 billion yuan ($1.7 billion). Founded in 2016, Unitree has grown to over 1,000 employees and reported annual revenues of around 1 billion yuan ($140 million). The company focuses on producing affordable legged robots, priced up to 50% lower than competitors, starting at $16,000. Its products serve markets such as education, research, and facilities inspection. Notably, Unitree demonstrated its G1 humanoid robot at the 2025 Robotics Summit & Expo, highlighting its “first universal humanoid robot” with continuous over-the-air software updates. The company also offers quadruped robots, a hybrid four-legged and wheeled robot (Go-2-W), and robotic arms. Unitree’s Series C funding round was led by major investors including China Mobile’s fund, Tencent, Alibaba