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Pudu Robotics Completes Series C2 Financing, With Nearly $155M In Total Raise From C1 And C2
09/23/21, 12:50 PM
Location
shenzhen
Industry
manufacturing
media and entertainment
content and publishing
software
hardware
Round Type
series c
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.
Company Info
Location
shenzhen, guangdong province, china
Additional Info
Shenzhen-based and founded in 2016, Pudu Robotics is a world-leading tech-focused enterprise dedicated to the design, R&D, production and sales of commercial service robots, which aims to use robots to improve the efficiency of human production and living. Pudu Robotics has been rapidly growing in recent years to become a "leader" in the global markets with coverage of over 60 countries and regions worldwide.
SOURCE Pudu Robotics
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