As Unitree lists at a near 61 billion yuan valuation, Wang Xingxing’s three years of public candour, from ‘we do not do humanoids’ to G1’s price bomb, read as the prospectus of China’s first humanoid stock.
Oaknut Robotics closed an angel round led by China Merchants Venture and NIO Capital, betting on instinct-driven, touch-first manipulation rather than the dominant VLA data-driven path.
Zhongke Yuandongli, a national little-giant in agricultural robots, closed a nine-figure B2 round led by Chery, linking car-grade engineering to L4 autonomous farm machinery.
Jieluo Intelligent broke ground on a 1.2 billion yuan Suzhou base to make 2,000 trackless-navigation AMRs a year, serving about 70 per cent of the world’s top chip makers.
Deep Robotics filed its STAR Market IPO reply, seeking 2.502 billion yuan even though its profit comes from quadruped dogs and its humanoid sold just 4 units in two years.
Estun will pay 487 million yuan for 100 per cent of loss-making Cuzhuo at a 901 per cent premium, betting on collaborative and humanoid robots to complete its range.
PaXini has raised a new 1 billion yuan strategic round, taking total funding to 3.5 billion yuan, with a trillion-yuan semiconductor giant and sovereign funds now on the cap table.
Yuanchuan Micro, founded by a 22-year Huawei veteran, has closed a nine-figure yuan Pre-A round led by IDG Capital to build LPU-class inference chips for the Agent era.
XBOT founder Tang Mu, formerly of Xiaomi and Tencent, expects at least 100,000 robot coffee kiosks in China within three years, twice the combined store count of Luckin and Cotti.
China’s planning agency confirmed that eight of every ten humanoid and quadruped robots sold globally are made in China. Unitree filed for a domestic listing on first-half revenue of more than 1.05 billion yuan.