Tarn Capital

Unitree

Unitree

01 · Legged and humanoid robotics, dexterous arms · Hangzhou

Seed co-investment · Exited before listing

Founded in August 2016 by Wang Xingxing, whose first walking biped was assembled from about CNY 200 of pocket money and a dozen CNY 9 servos.Source: Public profiles of the founder and the 2016 founding

Tarn Capital co-invested in the 2017 seed round, alongside the round's lead angel investor.

We introduced early supply-chain partners for joint component testing.

Our operations adviser helped the founding team formalise small-batch quality control ahead of its first commercial deliveries.

Tarn Capital exited in 2020 through a secondary sale to an industrial investor.

The company listed on the STAR market in August 2026 at CNY 150.80 per share and opened 629 per cent higher.Source: China Fortune Net, 19 August 2026 · Caijing · HNTV

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