About UBTECH
UBTECH is a company based in Shenzhen (China) founded in 2012 by Zhou Jian and John Kalanick.. UBTECH has raised $1.34 billion across 6 funding rounds from investors including Tencent, Haier and Telstra. The company has 2,190 employees as of December 31, 2024. UBTECH operates in a competitive market with competitors including Sarcos, Agility Robotics, Softbank Robotics, CloudMinds and Anki, among others.
- Headquarter Shenzhen, China
- Employees 2190 as on 31 Dec, 2024
- Founders Zhou Jian, John Kalanick
- Stage Public
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ubtech Robotics Corp Ltd Class H
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Annual Revenue
$180.26 M (USD)21.39as on Dec 31, 2024
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Net Profit
$-157.08 M (USD)10.66as on Dec 31, 2024
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EBITDA
$-149.36 M (USD)7.28as on Dec 31, 2024
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Total Equity Funding
$1.34 B (USD)
in 6 rounds
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Latest Funding Round
$1 B (USD), Post-IPO
Aug 31, 2025
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Investors
Tencent
& 16 more
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Employee Count
2190
as on Dec 31, 2024
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IPO & Listings of UBTECH
UBTECH is a publicly listed company on the HKEX with ticker symbol 9880 in Hong Kong, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of UBTECH
UBTECH has successfully raised a total of $1.34B across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1 billion completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $1.0B
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First Round
First Round
(01 Jun 2014)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Post-IPO - UBTECH | Valuation |
investors |
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| May, 2018 | Amount | Series C - UBTECH | Valuation | Tencent | |
| Nov, 2017 | Amount | Series C - UBTECH | Valuation | Tencent |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UBTECH
UBTECH has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Haier and Telstra. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and private debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UBTECH
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - UBTECH
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ubtech Comparisons
Competitors of UBTECH
UBTECH operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sarcos, Agility Robotics, Softbank Robotics, CloudMinds and Anki, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-utility robots are developed for industrial applications.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Humanoid social robots are provided for homes and businesses.
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| domain | founded_year | HQ Location |
Cloud-connected service robots and AI platforms are provided.
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| domain | founded_year | HQ Location |
Home robots and smart toys are developed for recreational purposes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ubtech
Frequently Asked Questions about UBTECH
When was UBTECH founded?
UBTECH was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is UBTECH located?
UBTECH is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Who is the current CEO of UBTECH?
Zhou Jian is the current CEO of UBTECH. They have also founded this company.
Is UBTECH a funded company?
UBTECH is a funded company, having raised a total of $1.34B across 6 funding rounds to date. The company's 1st funding round was a Series C of $400M, raised on Jun 01, 2014.
How many employees does UBTECH have?
As of Dec 31, 2024, the latest employee count at UBTECH is 2,190.
What is the annual revenue of UBTECH?
Annual revenue of UBTECH is $180.26M as on Dec 31, 2024.
What does UBTECH do?
UBTECH was founded in 2012 in Shenzhen, China, focusing on the robotics sector. Intelligent humanoid robots like Alpha are produced for programmable learning and domestic tasks, featuring 20 joints to replicate human movements. Remote internet control is enabled for security functions. Additional products include the Jimu childrens robot, Delta robotic kit, and Darwin patrolling robot, supporting diversified service applications.
Who are the top competitors of UBTECH?
UBTECH's top competitors include Agility Robotics, Softbank Robotics and Blue Ocean Robotics.
Is UBTECH publicly traded?
Yes, UBTECH is publicly traded on HKEX under the ticker symbol 9880.
Who are UBTECH's investors?
UBTECH has 17 investors. Key investors include Tencent, Haier, Telstra, CreditEase, and CITIC.
What is UBTECH's ticker symbol?
The ticker symbol of UBTECH is 9880 on HKEX.
What is UBTECH's valuation?
The valuation of UBTECH is $5B as of May 2018.
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