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AI sports hardware company Pongbot secures hundreds of millions yuan in Series B financing led by Shanghai State Investment Pilot Fund to advance autonomous training technology.
Amount Raised
¥1 Billion
Round Type
Series B
ChinaArtificial IntelligenceSportsRoboticsInvestors
Description
Pongbot, an AI sports hardware company, completed a Series B financing round of hundreds of millions of yuan led by Shanghai State Investment Pilot Fund, with participation from Yuanhe Puhua, Pudong Venture Capital, and existing investor BlueRun Ventures. The funding will support R&D of AI sports large models, motion vision technology, global market expansion, and new product launches across multiple sports categories. Pongbot has previously completed three Series A rounds backed by investors including Shenqi Capital, Matrix Partners China, and Ceyuan Ventures. The company aims to democratize professional sports training through intelligent hardware integrated with advanced AI capabilities.
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Funding Insights
What this usually meansPongbot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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