Pudu Robotics, a Shenzhen, China-based company which specializes in commercial service robots, raised hundreds of millions of yuan in its C4 financing round.
The backers were not disclosed. The round follows a previous US$15m C3 announced in February.
The company intends to use the funds to accelerate R&D, establish comprehensive technological advantages, and create an open ecosystem.
Founded in 2016, Pudu Robotics is a tech-focused enterprise dedicated to the design, R&D, production and sales of commercial service robots to improve the efficiency of human production and living.
The company has rolled out a slew of robot products for catering delivery use, and these robots have been put to wide use in restaurants, cafes, hospitals, hotels and office buildings. Meanwhile, Pudu Robotics’ global product line has extended to smart cleaning robots and smart disinfection robots, among others. Also, in mid-April, the company announced a strategic partnership with KONE, a world-leading elevator company, to develop and build smart building services.
As the company continues ramping up its international presence and expanding its product lineups, Pudu Robotics’ technical research and development capabilities have become even more vital.
On the hardware front, Pudu Robotics has independently developed high-performance core components such as laser radar, active cameras, motors and motion controllers.
In terms of software algorithms, the company has developed core technologies for commercial service robots, such as VSLAM+, achieving integration of multiple technical solutions.
By accelerating R&D, establishing comprehensive technological advantages, and creating an open ecosystem, Pudu Robotics aims to enhance the performance of its commercial service robots and serve a wider range of businesses and users.
The company has established a strong presence in the global market. As of December 2022, Pudu Robotics has shipped over 56,000 units globally, and has expanded its presence across North America, Europe, East Asia, Asia-Pacific, the Middle East and Latin America, with its robots being used in over 60 countries and more than 600 cities worldwide.
FinSMEs
08/05/2023