Sinopec (China Petroleum and Chemical)
Sinopec (China Petroleum and Chemical) is a corporate investor based in China. Sinopec (China Petroleum and Chemical) has deployed $50M in robotics investments. Its humanoid robotics portfolio includes Galbot, Unitree Robotics. Focus areas include energy, chemicals, industrial automation.
Portfolio companies (2)
Funding rounds (3)
Round size: $904M
Round size: $21M
Round size: $21M
About
Sinopec (China Petroleum and Chemical) is a corporate investor based in China. Sinopec (China Petroleum and Chemical) has deployed $50M in robotics investments. Its humanoid robotics portfolio includes Galbot, Unitree Robotics. Focus areas include energy, chemicals, industrial automation.
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Unitree Soars Over 600% in Shanghai IPO, Cements China’s Lead in Humanoid Hardware
Unitree Robotics made its highly anticipated debut on the STAR Market, with shares surging as the company leverages massive scale, a DeepSeek AI partnership, and intense vertical integration to dominate the global robotics race.
Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut
Unitree Robotics, China's leading humanoid robot maker, made a dramatic debut on Shanghai's Star Market with its stock surging 629% above the IPO price of 150.80 yuan to open at 1,100 yuan, giving the company a market capitalization of approximately 445 billion yuan (US$66 billion). The company raised about 6.1 billion yuan by selling 40.45 million shares, with nearly 9.8 million retail investors competing for just 9.7 million shares in the online tranche, resulting in an allocation rate of only 0.018%.
Unitree set for STAR Market debut Wednesday, may reshape humanoid robot valuations as DeepSeek participates in strategic placement
Unitree Robotics has completed its IPO on the Shanghai Stock Exchange's STAR Market, raising 4.20 billion yuan ($623 million) at a valuation of approximately 60.99 billion yuan, making it one of the first major humanoid robot makers to go public. The offering attracted strategic investors including DeepSeek, the National Council for Social Security Fund, and investment arms of major state-owned enterprises, with DeepSeek allocated 2.31% of the offering under a 36-month lock-up period to collaborate on AI and embodied intelligence technologies.