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宇树投资人快上岸了
36氪·2025-07-25 09:38

Core Viewpoint - The article discusses the upcoming IPO journey of Yushutech, a prominent humanoid robotics company in China, highlighting the growing trend of embodied intelligence companies preparing for public offerings [6][30]. Group 1: Company Overview - Yushutech, founded by Wang Xingxing, is recognized as a leading player in the humanoid robotics sector, with a current annual revenue exceeding 1 billion RMB [16]. - The company has evolved from a small team to a workforce of around 1,000 employees, showcasing significant growth since its inception in 2016 [15][16]. - Yushutech's notable products include various robotic models such as Laikago, Aliengo, and the humanoid robot H1, which gained fame during the 2025 Spring Festival performance [12][14]. Group 2: Investment Journey - Yushutech's early financing was challenging, with initial rejections from venture capitalists due to its early-stage status [19][22]. - The first significant investment came in 2016 from a well-known investor, followed by a series of funding rounds that included major players like Sequoia Capital and Meituan [22][23][24]. - By the end of the B++ round in September 2024, Yushutech's valuation reached 8 billion RMB, and the company is now preparing for a C round of financing with a pre-IPO valuation exceeding 10 billion RMB [27][28]. Group 3: Industry Trends - The article notes a surge in IPO activities among robotics companies, particularly in the embodied intelligence sector, with several firms like Zhiyuan Robotics and Jizhi Jia also pursuing public offerings [30][34]. - The competition for IPOs is intensifying, as companies aim to secure funding and market presence amid a rapidly evolving technological landscape [36][37]. - The success of Yushutech and similar companies in going public is seen as critical for their survival and growth in the competitive robotics market [37][38].