Pony.Ai Announces First Close Of Series D Financing Round, With A Valuation Of $8.5 Billion
Round Type
Series D
Description
Pony.ai, a leading global autonomous driving technology company, announced that it has completed its first close of its Series D financing. The Series D round, which has a significant valuation uplift from the 2020 “C” and “C+” rounds, is a recognition by investors of Pony.ai’s achieved technical milestones and significant progress toward a commercialized robotaxi and robotruck product. The proceeds from the funding will be used to further augment Pony.ai’s hiring, investment in research and development, global testing of robotaxi and robotrucking on an ever-growing fleet, enter into important strategic partnerships, and accelerate our development toward mass production and mass commercial deployment.
Quick answer
Pony AI raised an undisclosed amount in a Series D round, dated March 7, 2022. Pony AI is based in Guangzhou City, Guangdong, China.
- How much did Pony AI raise?
- Pony AI raised an undisclosed amount in a Series D round on March 7, 2022.
- 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.
- Autobrains raised $19M (Series C) on March 10, 2022.
- Crusoe raised $505M (Funding Round) on April 21, 2022.
- Prezent raised $20M (Funding Round) on April 20, 2022.
- d-Matrix raised $44M (Funding Round) on April 20, 2022.
- Snowflake raised $621M on April 20, 2022.
- Expertia AI raised $1.2M (Seed) on April 18, 2022.
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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