Pudu Robotics Secures Funding in Series C4 Round

SHENZHEN, China, May 18, 2023 — Commercial service robotics developer Pudu Robotics said that it has secured hundreds of millions of yuan in its C4 financing round, marking the second time the company has raised funds in 2023 following its previous $15 million C3 round, revealed in February. According to the company, as of December 2022, Pudu Robotics has shipped over 56,000 units globally.

Pudu Robotics’ fleet of robots feature core components such as laser radar, active cameras, motors, and motion controllers developed independently by the company. Pudu said it continues to ramp up its international presence and expand its product lineups. Also this past February, Pudu announced an order of 3000 units of its robotic products from Skylark Group, a Japanese catering and dining company.

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Published: May 2023

Glossary

machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
lidar: Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
computer vision: Computer vision enables computers to interpret and make decisions based on visual data, such as images and videos. It involves the development of algorithms, techniques, and systems that enable machines to gain an understanding of the visual world, similar to how humans perceive and interpret visual information. Key aspects and tasks within computer vision include: Image recognition: Identifying and categorizing objects, scenes, or patterns within images. This involves training...