Pudu Robotics hits $1.5B valuation with $150M raise

Pudu Technology Inc. has raised nearly $150 million in a new funding round, pushing its valuation past $1.5 billion and total funding over $300 million. The Chinese robotics firm builds a single AI brain deployable across multiple robot form factors, serving cleaning, hospitality, restaurant and industrial sectors, with commercial cleaning alone driving 70% of revenue and 100% year-over-year growth in 2025. The company plans to use the capital to scale production across its diverse robot lineup, which ranges from corridor delivery bots to humanoid warehouse robots. The broader embodied AI market, currently valued at $4.5 billion, is projected to reach $23.1 billion by 2030.