Backed by DeepSeek, Unitree IPO tests investor appetite for China’s AI robotics boom

Unitree Robotics, a company based in Hangzhou, is set to launch its initial public offering (IPO) on Shanghai’s Star Market, which is anticipated to be a significant event for the burgeoning embodied-AI sector in China. The IPO is priced at 150.8 yuan per share, valuing the company at approximately 60.99 billion yuan (US$9 billion). This offering has been described as “mainland China’s first humanoid stock,” highlighting its potential impact on the market and investor interest. The IPO is expected to serve as a valuation benchmark for the AI robotics industry in China, which has been experiencing rapid growth. The excitement surrounding the offering is fueled by retail investors and prominent backers in the AI field, including DeepSeek. The investment firm DeepSeek has committed $20.8 million to Unitree's IPO, further underscoring the confidence in the company's prospects and the overall market for AI robotics. As the IPO approaches, it is positioned to test investor appetite for the sector, which has garnered significant attention and investment in recent years. The outcome of Unitree's IPO may influence future valuations and investments in similar companies within the AI robotics landscape in China.