Chinese Robotics Company Unitree to File for IPO

Insider Brief

  • Unitree Robotics plans to file IPO documents between October and December 2025, signaling a major step in bringing its robotics business to public investors.
  • In 2024, sales were split with quadruped robots at 65%, humanoid robots at 30%, and components at 5%; most quadrupeds were used in research, education, and consumer markets, with some in industrial inspection and firefighting.
  • The company again emphasized its exclusive civilian focus, warned against counterfeit or modified products, and positioned its robots as tools to make life safer and more enjoyable worldwide.

Unitree Robotics, the Chinese company best known for its agile quadruped robots, is preparing for an initial public offering. In a post on X, the Hangzhou Yushu Technology company said it expects to file IPO documents with the stock exchange between October and December 2025, when operating data will be formally disclosed.

The announcement offers a glimpse into Unitree’s revenue mix, using 2024 as a reference point. The company stated quadruped robots accounted for about 65% of sales, humanoid robots made up 30%, and components rounded out the remaining 5%. Within the quadruped segment, roughly 80% of units went to research, education, and consumer applications. The other 20% were deployed in industrial settings, including inspection and firefighting.

“Humanoid robots were entirely used in research, education, and consumer fields,” the company pointed out.

In June, Unitree announced it raised a Series C round that values the company above 10 billion yuan ($1.4 billion), with secondary market trades reportedly pushing it past 15 billion yuan, AI Insider previously reported. The round drew heavyweight backers including China Mobile’s fund, Tencent, Alibaba, Ant Group, Geely Capital, and Jinqiu Capital, alongside existing shareholders. The company indicated the funding will go toward ramping up production and advancing software development as Unitree expands its lineup of robot dogs and humanoids.

The copmany has previously denied media and analyst reports that it’s quadraped robot has been used in Chinese military training and by the Russian military. Since its founding, Unitree has positioned itself as a developer of high-performance, general-purpose robots for civilian use, with no involvement in military applications, the company stressed again in the announcement. The company has emphasized that commitment across its website, product manuals, and partner agreements.

“All parties are kindly reminded to exercise careful identification, and not to regard other companies’ robot products or third-party modified devices as Unitree products,” the company advised, in reference to couterfeit products.

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The company’s message closes on an aspirational note: that its robots can make life safer and more enjoyable for people worldwide. Whether public investors agree will become clearer when the filing arrives later this year.

Greg Bock

Greg Bock is an award-winning investigative journalist with more than 25 years of experience in print, digital, and broadcast news. His reporting has spanned crime, politics, business and technology, earning multiple Keystone Awards and a Pennsylvania Association of Broadcasters honors. Through the Associated Press and Nexstar Media Group, his coverage has reached audiences across the United States.

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