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Unitree Robotics Raises Nearly $139 Million in Series B2 Fundraising

Feb 23, 2024over 1 year ago

Amount Raised

$139 Million

Round Type

series b

HangzhouManufacturingRobotics

Investors

Meituan

Description

Unitree Robotics announced the completion of a new funding round of nearly $139 million from a group of investors led by food delivery giant Meituan.

Company Information

Company

Unitree Robotics

Location

Hangzhou, Zhejiang, China

About

Unitree Robotics is a world-renowned robotics company focusing on independent research and development, production and sales of consumer-grade and industry-grade high-performance quadruped robots and dexterous robotic arms. Unitree Robotics has excellent leadership in the comprehensive fields of robot core components, movement control, and robot perception. Unitree Robotics attaches great importance to independent research and development and technological innovation. The motor, reducer, controller, complete machine structure, and most of the sensors of the quadruped robot have been independently developed.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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