Tarn Capital Portfolio

01Where we workFrance · Dubai · United States · China

02FocusAI · Crypto · Fintech

Unitree

Sea ice and open water in Wolstenholme Fjord, with Saunders Island and Kap Atholl behind, photographed during a NASA Operation IceBridge survey flight.

NASA / Michael Studinger, Operation IceBridge · public domain

Unitree

01 · Legged and humanoid robotics, dexterous arms

Co-invested in Unitree's seed round. · Exited before the company listed.

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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

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

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

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

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

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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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