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- PuduTech
PuduTech Valuation, Funding & Investors
PuduTech is valued at $1.5B as of April 2026.
About PuduTech
Shenzhen-headquartered PuduTech develops service robots for the hospitality sector, including delivery models like BellaBot and KettyBot alongside disinfection units such as Adibot. Founded in 2016, the company has deployed over 40,000 units to restaurants in 60 countries, with clients including KFC outlets and Hilton hotels. PuduTech's solutions feature SLAM navigation, multi-robot fleet management via PUDU Scheduler software, and integration with POS systems for streamlined operations in hotels, cafes, and hospitals.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.5B (Apr 2026)
PuduTech Valuation
PuduTech is currently valued at $1.5B, based on its undisclosed-stage round in April 2026.
The $146M round was led by Asia Investment Capital and Longgang Financial Holdings, with participation from BAIC Capital, Lens Technology and Highlight Capital.
PuduTech valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2026 | Undisclosed stage | $1.5B |
PuduTech Funding History
PuduTech has raised a total of $331M across 5 funding rounds.
PuduTech's first fundraising round was a $14M Series B in August 2020. The most recent completed round was a $146M undisclosed-stage round in April 2026.
PuduTech funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Undisclosed stage | Asia Investment Capital (lead); Longgang Financial Holdings (lead); BAIC Capital; Lens Technology; Highlight Capital | $146M | $1.5B | Pudu Robotics, a Shenzhen-based global leader in commercial service robotics, raised nearly USD 150 million in a funding round announced on April 23, 2026, with the company's valuation exceeding USD 1.5 billion. The round was jointly led by Longgang Financial Holdings and Asia Investment Capital, with participation from BAIC Capital, Lens Technology, Shanghai Honghui, and government-guided funds from the Pearl River Delta and Yangtze River Delta regions, along with other hard-tech investment institutions. This brings Pudu Robotics' cumulative funding to over USD 300 million. The capital will be strategically deployed to accelerate development of embodied AI technologies, expand the company's product portfolio, deepen global market expansion, scale manufacturing capacity, and strengthen supply chain capabilities. These initiatives are designed to reinforce the company's leadership in the commercial service robotics sector. Pudu Robotics holds approximately 23% of the global commercial service robot market and doubled its revenue in 2025, reflecting strong commercial scalability and market confidence in the company's technical capabilities. |
| Feb 2023 | Series C | Puhua Capital (lead) | $15M | - | PuduTech (Pudu Robotics) completed a Series C3 financing round in February 2023, raising more than $15 million exclusively from Puhua Capital, with Taihecap as the financial advisor. The funds will support building a new production base to expand capacity and develop cleaning robots. The company manufactures commercial service robots including delivery models like PuduBot 2, BellaBot, KettyBot, HolaBot, and SwiftBot, plus cleaning and disinfection robots. In 2022, operating cash revenue grew nearly 40% year-over-year, with shipments exceeding 20,000 units, and 90% of revenue derived from sales. Overseas shipments accelerated, with over 80% of sales from international markets across 600 cities in more than 60 countries. Cumulative global shipments surpassed 56,000 units, with partnerships including McDonald’s, Coca-Cola, Carrefour, Marriott, Hilton, Shell, MediaMarkt, and Accenture in sectors like catering, hotels, malls, stores, and offices. PuduTech, founded in 2016 and based in Shenzhen, China, leads in indoor intelligent mobile robots as Guangdong Province's sole engineering center for this technology. It applies VSLAM for improved positioning and has received over 1 billion yuan in prior investments from Meituan, Tencent, Sequoia, Shenzhen Investment Holdings, and others across multiple Series C rounds, including $155 million in August 2021. |
| Sep 2021 | Series C | Greater Bay Area Homeland Development Fund (lead); HSG (lead); Meituan (lead); Shenzhen Investment Holdings (lead); Tencent | $78M | - | Pudu Robotics (PuduTech), a Shenzhen-based company founded in 2016, develops commercial service robots including delivery robots like PuduBot, BellaBot, HolaBot, KettyBot, FlashBot, and disinfection robots like Puductor 2, primarily for restaurants, hotels, hospitals, offices, and other venues to handle delivery, reception, cleaning, and disinfection tasks. The company has expanded to over 60 countries, applied for hundreds of patents in positioning, navigation, and motion control, and achieved cumulative sales of tens of thousands of units. In response to the COVID-19 pandemic, it released biocide-spraying robots for facility disinfection. On September 14, 2021 (announced September 23), PuduTech completed its Series C2 financing round of approximately $78 million (RMB 500 million or $77 million per some reports), led by Meituan, Greater Bay Area Homeland Development Fund, Shenzhen Investment Holdings, and Sequoia Capital China, with Taihecap as financial adviser. This followed the Series C1 round of $78 million in May 2021, bringing the combined C1+C2 total to nearly $155 million. Previous rounds included Series B+ of $15 million in August 2020 led by Sequoia Capital China, and earlier B and A financings. Funds from the C2 round were allocated to R&D for cutting-edge robotics technology, new product development, launching in new sites, and expanding domestic and global market channels. Investors reflect strong interest in autonomous delivery robots for catering, hospitality, and healthcare amid growing automation trends. |
| May 2021 | Series C | Tengxun Touzi; Meituan; HSG | $78M | - | PuduTech is a Shenzhen-based autonomous mobile robotics company founded in 2016 that specializes in developing delivery and service robots for the hospitality and catering sectors. The company manufactures robots deployed in restaurants to transport food from kitchens to tables and to carry dish bins, as well as robots for hotel deliveries and guest room services. During the COVID-19 pandemic, PuduTech rapidly developed and released a biocide-spraying AMR variant to disinfect facilities including restaurants, hotels, and other public spaces. The company has applied for over 600 patents covering positioning, navigation, and motion control technologies and operates across more than 60 countries and regions. In May 2021, PuduTech raised $78 million in Series C funding (500 million yuan), with participation from Sequoia Capital China, Meituan, and Tengxun Touzi (Tencent's investment division). The company stated it would use the capital to develop advanced robotics technologies, expand its product lineup, accelerate business applications, and expand domestic and international market channels. In September 2021, PuduTech completed a Series C2 round of $77 million, bringing the total Series C funding to $155 million, with the round led by Meituan, Greater Bay Area Homeland Development Fund, Shenzhen Investment Holdings, and Sequoia Capital China. By 2023, PuduTech had raised a total of $220.71 million across nine funding rounds, with its final disclosed round being $14 million in May 2023. |
| Aug 2020 | Series B | HSG (lead); Meituan (lead); QC Capital | $14M | - | PuduTech (also known as Pudu Robotics), founded in 2016 and based in Shenzhen, China, develops indoor delivery robots for scenarios including restaurants, hotels, office buildings, hospitals, internet cafes, and karaoke bars. Its flagship product, PuduBot, achieved mass production and deployment in over 200 cities across more than 20 countries by mid-2020. The company maintained rapid business growth in 2019 and positioned itself as a leading food delivery robot provider. In August 2020, PuduTech completed a Series B+ round raising $15 million, led by Sequoia Capital China (HSG) with participation from Meituan, Everwin Investment, QC Capital, and Chengbohan Fund. This followed a July 2020 Series B round of approximately $14-15 million from Meituan as the exclusive investor. Funds from these rounds supported product development, sales expansion, new usage scenarios, and overseas market growth. PuduTech's robots gained traction during the COVID-19 pandemic for non-contact deliveries in hospitals worldwide. Meituan's investments aligned with its ambitions in unmanned delivery, including prior tests with indoor robots, drones, and autonomous vehicles. |
Who has invested in PuduTech?
13 investors have backed PuduTech across its funding rounds, including HSG, Meituan, Tencent, Puhua Capital, Highlight Capital and Tengxun Touzi.
Lead investors include Asia Investment Capital, Longgang Financial Holdings, Puhua Capital, Greater Bay Area Homeland Development Fund, HSG and 2 other investors.
PuduTech Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Aug 2020 | ||
| 3 | Lead | Aug 2020 | ||
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Lead | Apr 2026 | ||
| 1 | Lead | Feb 2023 | ||
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | May 2021 | ||
| 1 | Participant | Apr 2026 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Apr 2026 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPuduTech Competitors
PuduTech competitors include listed companies like Zen Technologies and Arcs Co, and private ones like Picnic, PaXini Tech, Square Robot and HAI ROBOTICS.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $72M | $27M | $1.6B | 15.5x | ||
| Publicly listed | $4B | $185M | $1.3B | 0.2x |
PuduTech Public Comps
PuduTech is still privately-owned, but its public comps include Yoshinoya Holdings, Colowide Co., Wendy's, Zen Technologies, Googol Technology, Domino's Pizza Enterprises, Arcs Co, Arcos Dorados, Monogatari and BJ's Restaurants.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $103M | 1.1x | 1.0x | 15.3x | 14.9x | |||
| $1.9B | $236M | 1.3x | 1.3x | 10.9x | 19.3x | |||
| $2.2B | $525M | 2.3x | 2.3x | 9.7x | 10.9x | |||
| $72M | $27M | 21.0x | 15.5x | 56.2x | 42.4x | |||
| $82M | $14M | 18.9x | 18.9x | 111.1x | 91.4x | |||
| $1.5B | $34M | 1.4x | 1.4x | 59.9x | 8.7x | |||
| $4B | $185M | 0.2x | 0.2x | 4.8x | 4.9x | |||
| $4.7B | $552M | 0.8x | 0.7x | 6.4x | 6.7x | |||
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Common questions about PuduTech
| When was PuduTech founded? | PuduTech was founded in 2016. |
| Where is PuduTech headquartered? | PuduTech is headquartered in Shenzhen, China. |
| Is PuduTech publicly listed? | No, PuduTech is a private, VC-backed company. |
| What is PuduTech's valuation? | PuduTech was last valued at $1.5B in its undisclosed-stage round in April 2026. |
| How much funding has PuduTech raised? | PuduTech has raised $331M across 5 funding rounds. |
| What was PuduTech's last funding round? | PuduTech's last funding round was a $146M undisclosed-stage round in April 2026, led by Asia Investment Capital and Longgang Financial Holdings. |
| Who are PuduTech's investors? | PuduTech's investors include Meituan, HSG, Greater Bay Area Homeland Development Fund, BAIC Capital, Longgang Financial Holdings, Puhua Capital, Shenzhen Investment Holdings, Tengxun Touzi, Lens Technology, Tencent and 3 others. |
| Which companies are comparable to PuduTech? | Companies comparable to PuduTech include Picnic, PaXini Tech, Square Robot, HAI ROBOTICS, Zen Technologies and Arcs Co. |
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