Leju raises $200M for humanoid production as Unitree unveils H2 - The Robot Report

Chinese robotics companies Leju Robotics and Unitree Robotics are advancing in the development and commercialization of humanoid robots, both preparing for potential initial public offerings (IPOs). Leju recently raised approximately $200 million (1.5 billion yuan) to support research, mass production, and partnerships with major Chinese firms like Huawei, Alibaba, and Haier. Founded in 2016 and spun out of the Harbin Institute of Technology, Leju focuses on robots for education, healthcare, elder care, and heavy load transport. Its product lineup includes various humanoid models such as AELOS, which appeared at the 2018 Winter Olympics, and the KUAVO-MY open platform robot designed for developers and industrial use. Unitree Robotics, also established in 2016, has reached a $1.7 billion valuation following a Series C funding round. The Hangzhou-based company recently unveiled its H2 Destiny humanoid robot, aimed at service applications, available in commercial and educational versions. The H