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Pudu Robotics completes nearly 1 billion yuan new funding round, valuation exceeds 10 billion yuan

普华资本

Pudu Robotics recently completed a new funding round of nearly 1 billion yuan, co-led by Longgang Financial Holdings and Asia Investment Capital, with participation from BAIC Industrial Investment, Lens Technology, Highlight Capital, and government guidance funds from multiple regions; Puhua Capital invested in its Series C round in 2022. After this round, the company's valuation exceeds 10 billion yuan, and the funds will be invested in embodied intelligence technology R&D, product matrix expansion, global market expansion, capacity building, and supply chain upgrades.

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