Unitree
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