Unitree Robotics

Unitree Robotics is a Chinese robotics company founded in 2016 by Wang Xingxing and headquartered in Hangzhou. It first became the world's highest-volume maker of four-legged robots — the agile, dog-like quadrupeds used in inspection, research, and entertainment — and has since become one of the most prominent makers of low-cost humanoid robots.

Unitree's humanoid lineup is defined by aggressive pricing that undercuts Western rivals by an order of magnitude. Its G1 is a compact, research-focused humanoid that sits between the entry-level R1 and the flagship H1, and the range has helped Unitree ship more humanoid robots than any other manufacturer — over five thousand units in 2025, or roughly a third of the global total. Unlike most humanoid makers, the company is already profitable, with revenue growing more than tenfold between 2023 and 2025 as demand climbed.

In March 2026, Unitree filed for an initial public offering on Shanghai's STAR Market — the science-and-technology board — in one of the fastest reviews the exchange has run. The listing would make it the first major humanoid-robot pure-play to reach the public markets, and a bellwether for how investors value a category that is still moving from viral demos toward proven, at-scale deployment.