JAKA Robotics
Chinese cobot maker with 10,000+ robots shipped, now betting on humanoid AI robots.
On the record
Checkpoint: Shanghai STAR Market relaxes pre-profit listing rules, opening a possible re-filing window for JAKA's cancelled IPO
The call
JAKA sells real cobots at real scale but trails AUBO at home and Unitree abroad, with its IPO stalled and its humanoid future still running on borrowed AI.
JAKA Robotics builds collaborative robots (cobots) that work alongside people in factories, and has sold over 10,000 units. But the company faces two big problems: Chinese rival AUBO already owns more than one-third of the cobot market in China, and larger global giants like ABB and FANUC can copy JAKA's designs without much trouble. The company recently cancelled its effort to go public on Shanghai's STAR Market, which suggests investors are not convinced JAKA has a real edge. JAKA is also betting on humanoid robots as a way to stand out, but competitors like Unitree and AgiBot are moving faster and larger companies could enter that space too. The one thing that could matter most is whether JAKA can get real, audited financial numbers public and prove its humanoid robots are actually making money for paying customers, not just working in labs.
Why
01
AI pressure: Unitree Robotics and AgiBot humanoid platforms. JAKA's humanoid line runs on Intel and Nvidia AI models, not its own, while Unitree and AgiBot build proprietary stacks and already hold most humanoid share. Could AI do the core job? Only partly.
02
Bigger players: AUBO Robotics. AUBO holds roughly 36% of China's cobot market today, ahead of JAKA in the home market JAKA needs most. Could a giant copy it? Yes, easily.
03
What protects it. Real installed base: 10,000+ cobots running in nearly 100 countries gives JAKA revenue and customer ties that humanoid-only rivals still lack.
What would change this call
JAKA re-files for STAR Market IPO under the July 2026 relaxed pre-profit rules. Would show renewed investor confidence after the August 2025 cancellation.
JAKA publishes audited revenue or verified commercial (non-demo) sales for its K-series or Pi humanoid platform. Would confirm humanoid pivot is generating real revenue, not just R&D demos.
AUBO Robotics' domestic cobot share climbs past 40-50% in future market reports. Would show JAKA losing further ground in its core China cobot business.
JAKA publishes audited revenue or verified commercial (non-demo) sales for its K-series or Pi humanoid platform. Would confirm humanoid pivot is generating real revenue, not just R&D demos.
AUBO Robotics' domestic cobot share climbs past 40-50% in future market reports. Would show JAKA losing further ground in its core China cobot business.
Key numbers
- $148M Series D raised from SoftBank, Temasek, Prosperity7
- 10,000+ cobots deployed across ~100 countries
- STAR Market IPO review cancelled, still private
Named risks
- STAR Market IPO stalled since August 7, 2025 cancellation with no confirmed re-filing as of mid-2026.
- Losing domestic cobot market share to AUBO, which held 36% share as of August 2025.
- No audited revenue disclosed; profitability and scale remain unverified publicly.
- Humanoid strategy depends on third-party AI models via Intel and NVIDIA rather than proprietary IP.
- Inconsistent headcount and revenue figures across sources undermine confidence in reported scale.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| AUBO Robotics | losing to | AUBO held 36% of China's domestic cobot market as of Aug 2025 per Global Times |
| Unitree Robotics | losing to | Unitree's STAR Market IPO approved July 2026 targeting $3-7B while JAKA's IPO stayed cancelled since Aug 2025 |
| AgiBot | losing to | AgiBot led global humanoid shipments with ~39% share in 2025 vs JAKA's June 2026 humanoid launch |
| X Square Robot | losing to | X Square valued over $2.8B by June 2026, exceeding JAKA's reported cumulative funding |
| ABB, FANUC, KUKA | contesting | No structural barrier stops Big Four incumbents from replicating JAKA's cobot teaching/SDK features |
Questions people ask
- Is JAKA Robotics profitable in 2026?
- JAKA Robotics has not disclosed audited financials. Its planned Shanghai STAR Market IPO, which would have forced financial disclosure, saw its review meeting cancelled on August 7, 2025, and as of July 2026 the company remains private with no confirmed profitability data.
- Is JAKA Robotics going public soon?
- JAKA's STAR Market IPO review was cancelled August 7, 2025, and Pitchbook logged the listing as Cancelled again on December 19, 2025. Shanghai relaxed pre-profit listing rules for tech firms in July 2026, potentially reopening a path, but no re-filing is confirmed as of mid-2026.
- Who is JAKA Robotics' biggest competitor?
- Domestically, AUBO Robotics holds about 36% of China's cobot market versus JAKA, per an August 2025 Global Times report. In humanoids, AgiBot led global shipments with roughly 39% share in 2025 while JAKA's humanoid line only launched in June 2026.
- Could AI replace JAKA Robotics' products?
- JAKA's physical cobot hardware resists pure AI replacement, but its embodied-intelligence pivot (JAKA Lumi, launched May 2025, and the K1/Pi humanoid line from June 2026) relies on third-party AI, via a January 2026 Intel China MOU and NVIDIA Isaac Sim integration, rather than proprietary models.
- How much funding has JAKA Robotics raised?
- JAKA closed a roughly $148M Series D in July 2022, backed by Prosperity7 Ventures, SoftBank Vision Fund 2, Temasek, and True Light Capital, per TechFundingNews. A further equity round for embodied-intelligence R&D was announced closing around April 2, 2026.
- Does JAKA Robotics make humanoid robots?
- Yes. JAKA unveiled humanoid platforms K1, K1L, K1W, and a compact humanoid JAKA Pi (1.22m, 42kg) around June 2026, targeting education, retail, entertainment, and eldercare, building on its May 2025 JAKA Lumi embodied-AI training platform.
Timeline
- 2026-07-23Shanghai announces plan to relax STAR Market pre-profit listing rules for AI/tech firms
- 2026-07-21Rival Unitree Robotics gets CSRC approval for STAR Market IPO, targeting $3-7B valuation
- 2026-07-01JAKA launches joint lab with Peking University on general intelligent robots
- 2026-06-03JAKA unveils compact humanoid JAKA Pi and K1 series humanoid platforms
- 2026-04-02JAKA announces new equity funding round for embodied-intelligence R&D
- 2026-03-01JAKA achieves IEC 60601 medical safety certification
- 2026-01-01JAKA signs MOU with Intel China to commercialize embodied AI
- 2025-11-01JAKA rebrands corporate mission to General Intelligent Robots
- 2025-08-07JAKA's STAR Market IPO review meeting cancelled, first STAR cancellation of 2025
- 2025-05-28JAKA launches Lumi, a low-cost embodied-AI training platform, China-only
Revision history
24 July 2026
First assessed. Protection under test. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- JAKA About page
- JAKA Robotics snaps $150M for developing highly flexible intelligent robots (2022-07-21)
- CB Insights JAKA Robot financials
- Can China's Cobot Champion Deliver Post-IPO? (2025-08-08)
- Jaka Robotics 2026 Company Profile
- JAKA news detail 1073 (2026-04-02)
- JAKA Robotics Company Profile
- JAKA Robotics - Headcount, Funding & Open Jobs (2026-06-23)
- JAKA EU site (2026-07-08)
- JAKA Lumi launch (2025-05-28)
- JAKA Pi targets labs, schools, offices (2026-06-03)
- JAKA home news (2026-07-16)