Unitree Robotics Prices Shanghai IPO at 61 Billion Yuan Valuation

Unitree Robotics has priced its Shanghai initial public offering at 150.8 yuan a share ($22.3), valuing the company at 61 billion yuan and securing a strategic investment from artificial intelligence firm DeepSeek.

The swift listing underscores how Chinese embodied-AI startups are racing to raise capital in a cautious market before what many investors expect could be an industry shakeout.