Pony.ai has secured a $27 million investment from GAC as the company approaches its IPO, to further develop its autonomous driving technology.
Amount Raised
$27 Million
Round Type
IPO
Guangzhou CitySoftwareArtificial IntelligenceTransportationInvestors
Description
Chinese state-owned carmaker GAC is investing a total of $27 million in Pony.ai, which is preparing for an IPO in the US. This investment is part of GAC's broader strategy in the autonomous vehicle sector, following a recent $100 million fundraising by Pony.ai in October 2023.
Quick answer
Pony AI raised $27 Million in a IPO round, dated October 13, 2024. Investors: Gac. Pony AI is based in Guangzhou City, Guangdong, China.
- How much did Pony AI raise?
- Pony AI raised $27 Million in a IPO round on October 13, 2024.
- Who invested in Pony AI?
- Gac is named as investors in this round.
- What does Pony AI do?
- Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility.
- Where is Pony AI based and how big is it?
- Pony AI is based in Guangzhou City, Guangdong, China. Fundz records about 1,500 employees.
- Who are the decision-makers at Pony AI?
- Fundz holds 3 contacts at Pony AI, including the VP of Strategy and Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Software around the same time
Companies in the same sectors as Pony AI that raised within 45 days of this round, from Fundz verified event records.
Who to call at Pony AI, and when
A new round usually means Pony AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pony AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pony AI, from your own LinkedIn network
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Related People
Pony AI 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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