Pudu Robotics completed a financing round of nearly 1 billion yuan, and its valuation exceeded 10 billion yuan.

Recently, the commercial service robot company "Pudu Robotics" completed a new round of financing of nearly 1 billion yuan. This round of financing was jointly led by Longgang Financial Holdings and Asia Investment Capital, and was participated in by BAIC Industry Investment, Lens Technology, Honghui Fund, government-guided funds from multiple regions such as the Pearl River Delta and the Yangtze River Delta, and well-known hard technology investment institutions. After this round of financing, the company's valuation exceeded 10 billion yuan. The financing funds will be mainly invested in the research and development of embodied intelligence technology, the expansion of the product matrix, the in-depth exploration of the global market, the construction of large-scale production capacity, and the upgrading of the supply chain.