Chinese commercial service robot maker Pudu Robotics has raised nearly $150 million in a fresh funding round, lifting its valuation to over $1.5 billion, the company said.
The Shenzhen-based firm did not disclose the investors backing the round but said the latest financing brings its cumulative funding to more than $300 million.
Founded in 2016, Pudu Robotics develops and manufactures commercial service robots used for indoor delivery, cleaning, disinfection, and industrial logistics.
The company said it will use the proceeds to accelerate development of embodied artificial intelligence technologies, expand its product portfolio, and scale manufacturing and global operations.
Pudu has been among the fastest-growing players in the commercial service robotics segment, reporting a 100% year-on-year revenue increase in 2025.
Its commercial cleaning business now accounts for more than 70% of total revenue, while its industrial delivery robots have gained traction, with over 4,000 units shipped within a year of launch.
Pudu’s robots are deployed across sectors, including retail, hospitality, and manufacturing, with clients such as Carrefour, Walmart, and EDEKA.
The company has shipped more than 120,000 units globally and operates in over 80 countries and regions.
“This funding milestone is a powerful validation of Pudu’s industry leadership, product and technological strength, global brand, and commercial infrastructure,” said Felix Zhang, founder and CEO of Pudu Robotics.
Zhang added that Pudu will continue to invest in embodied AI and robotics to drive adoption across industries.
Headquartered in Shenzhen, Pudu also has research and development centres in Chengdu and Hong Kong.
The company said it develops core components and systems in-house, including navigation algorithms, multi-robot scheduling systems, motion controllers, and integrated joint modules.
In 2023, the company raised a total of about $170 million in its Series C+ rounds, counting Sequoia Capital China, Meituan, and Shenzhen Investment Holdings among its investors.
Pudu’s fundraise comes as China Deal Review: Startup funding hits 15-month high in March, buoyed by a sharp recovery in both deal volume and large-ticket transactions following the Chinese New Year holiday lull.
Startups headquartered in Greater China raised just under $7.8 billion in March through the completion of 284 deals, according to proprietary data compiled by DealStreetAsia.
Funding in March surged 45.9% from February’s $5.3 billion, while deal volume jumped 62.3% from 175 transactions recorded in the prior month—a sharp reversal of the seasonal slowdown typically seen in the month of the week-long Chinese New Year holiday.
