Pudu Robotics, a leading enterprise in commercial service robots, has recently completed a new round of funding totaling nearly 1 billion yuan. The round was jointly led by Longgang Financial Holdings and Asia Investment Capital, with participation from BAIC Capital, Lens Technology, HighLight Capital, and government-guided funds from multiple regions. Following the funding, the company's valuation has surpassed 10 billion yuan. The capital will be primarily allocated to the research and development of embodied artificial intelligence technology, expansion of the product matrix, global market development, and the construction of scalable production capacity and supply chain upgrades.
