Pudu Robotics raises nearly $150M as it targets industrial applications
TLDR
- Shenzhen-based Pudu Robotics closed ~$150M, pushing cumulative funding past $300M and valuation above $1.5B.
Key Takeaways
- Pudu was founded in 2016 and operates across delivery robots, commercial cleaning systems, and logistics platforms deployed in 10 sectors.
- New capital will fund embodied AI development, manufacturing scale-up, supply chain investment, and global market expansion.
- The company is moving beyond service robots into warehousing and manufacturing; the PUDU T300 (heavy payload, tight aisles) and PUDU T150 (light-payload AMR) are its first industrial products.
- T150 launches first in mainland China, Hong Kong, Macao, and Taiwan, then Vietnam, Thailand, Singapore, Malaysia, Indonesia, South Korea, and Turkey.
- Peer D-Robotics, also Shenzhen-based, raised $270M Series B this month for embodied AI computing platforms, signaling a cluster of large Chinese robotics rounds.
Why It Matters
- Pudu’s pivot from service robots to industrial AMRs expands its addressable market into warehousing and manufacturing, sectors with higher deployment density than hospitality or food service.
- Consecutive nine-figure rounds for Shenzhen robotics companies (Pudu $150M, D-Robotics $270M) indicate sustained capital concentration in Chinese embodied AI hardware.
- CEO Felix Zhang named strategic investors and industrial partners as backers, suggesting the round may include customers or supply chain participants, not only financial investors.
The Robot Report Staff · 2026-04-23 · Read the original