Funding round
Unitree Robotics Series A
Unitree Robotics, which works in quadrupedal robot manufacturing in Hangzhou, raised an undisclosed amount in a Series A round announced on 2 Aug 2021, led by Shunwei Capital. 1 firm took part. It is Unitree Robotics' first venture round on record.
Undisclosed
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Unitree Robotics did not disclose a valuation in this round. It is Unitree Robotics' first venture round on record, 5 years after it was founded in 2016. Unitree Robotics raised again 8 months later: a Series B round in Apr 2022. Its next priced round, a Series C in Sep 2024, valued it at $1.14B.
Unitree Robotics' funding rounds
Unitree Robotics has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
Shunwei Capital led the round.
Lead investor
- backs 36 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
27 Series A rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $15M. The closest in time, other companies' Series A rounds in Industrial Machinery & Supplies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Industrial Machinery & Supplies | 14 Sep 2021 | $26M | not disclosed | Tiger Global |
| Industrial Machinery & Supplies | 15 Jul 2021 | $15M | not disclosed | Construct Capital |
| Industrial Machinery & Supplies | 2 Sep 2021 | $12M | not disclosed | SineWave Ventures |
| Industrial Machinery & Supplies | 19 Oct 2021 | $35M | not disclosed | Prime Movers Lab |
| Industrial Machinery & Supplies | 8 Jun 2021 | $31M | not disclosed | Koch Disruptive Technologies |
| Electric Hydrogen Industrial Machinery & Supplies | 23 Jun 2021 | $24M | not disclosed | Breakthrough Energy |
| Industrial Machinery & Supplies | 15 Jun 2021 | $20M | not disclosed | Monoful Inc |
| Industrial Machinery & Supplies | 4 Oct 2021 | $20M | not disclosed | UVC Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Unitree Robotics raise in its Series A round?
Unitree Robotics did not disclose the amount of its Series A round, announced in Aug 2021.
Who led Unitree Robotics' Series A round?
Shunwei Capital led it.
What was Unitree Robotics' valuation at the Series A round?
It was not disclosed.
Did Unitree Robotics raise again after this round?
Yes: a Series B round in Apr 2022.