Funding round
Unitree Robotics Series C
Unitree Robotics, which works in quadrupedal robot manufacturing in Hangzhou, raised $430M in a Series C round announced on 25 Sep 2024, led by Beijing Robotics Industry Investment Fund, at a $1.14B post-money valuation. 8 firms took part. It is Unitree Robotics' third venture round on record; the one before was a Series B in Apr 2022.
$430M
Amount raised
3,000,000,000 CNY converted
$1.14B
Post-money valuation
$710M pre-money
8
Investors
1 lead
38%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Unitree Robotics at $1.14B after the new money. The $430M bought investors about 38% of the company. It came 29 months after Unitree Robotics' Series B. No later venture round is on record for Unitree Robotics.
Unitree Robotics' funding rounds
Unitree Robotics has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
Beijing Robotics Industry Investment Fund led the round with 7 other firms.
Lead investor
- Beijing Robotics Industry Investment Fund new investor
Also in the round
- HSG backs 118 venture-backed companies new investor
- Meituan Longzhu new investor
- backs 2 venture-backed companies new investor
- Amber Capital new investor
- Shanghai Sci-Tech Innovation Fund new investor
- CITIC Securities new investor
- Vertex Ventures China Fund new investor
Comparable rounds
How it compares
9 Series C rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $100M, and this round was 4.3 times the median. The closest in time, other companies' Series C rounds in Industrial Machinery & Supplies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Industrial Machinery & Supplies | 23 Oct 2024 | $46M | not disclosed | Business Development Bank of Canada |
| Industrial Machinery & Supplies | 20 Jun 2024 | $100M | not disclosed | not named |
| Agility Robotics Industrial Machinery & Supplies | 1 Mar 2025 | $400M | $2.12B | WP Global Partners |
| Industrial Machinery & Supplies | 1 Jan 2024 | $60M | $286M | LG Electronics |
| Industrial Machinery & Supplies | 13 May 2025 | $36M | not disclosed | not named |
| Industrial Machinery & Supplies | 10 Jan 2024 | $6.9M | not disclosed | not named |
| Industrial Machinery & Supplies | 7 May 2025 | undisclosed | not disclosed | Kunpeng Fund |
| Industrial Machinery & Supplies | 1 Jun 2025 | $100M | $1.00B | Yonggui Fund and GF Xinde |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Unitree Robotics raise in its Series C round?
Unitree Robotics raised $430M in its Series C round, announced in Sep 2024.
Who led Unitree Robotics' Series C round?
Beijing Robotics Industry Investment Fund led it, with HSG, Meituan Longzhu, Beijing Zhongguancun Science City Development and Innovation, Amber Capital and Shanghai Sci-Tech Innovation Fund and 2 more.
What was Unitree Robotics' valuation at the Series C round?
$1.14B post-money ($710M pre-money).
How does it compare with other Series C rounds in Industrial Machinery & Supplies?
9 Series C rounds in Industrial Machinery & Supplies within a year either side disclosed an amount; the median was $100M, and this round was 4.3 times the median.