Pudu Robotics Completes Series C2 Financing, With Nearly $155M In Total Raise From C1 And C2

On September 14, global technology company Pudu Robotics announced the completion of its C2-series financing, a joint investment led by Meituan, Greater Bay Area Homeland Development Fund, Shenzhen Investment Holdings and Sequoia Capital China, Taihecap as the independent financial adviser. The funding was secured within only four months after the C1 series of $78 million raised in May, the combination of C1 and C2 has raised nearly $155 million in total. The C2 round funds will be utilized for cutting-edge R&D development, new product development, new site launches, and expansion of the company's global network.