Pudu Robotics普渡机器人

About

Pudu Robotics was founded in Shenzhen by Zhang Tao in 2016, starting in food delivery and now building four product lines - delivery, cleaning, industrial, and general embodied intelligence - based on the three technology stacks of embodied navigation, embodied manipulation, and embodied interaction, achieving a one-brain-many-forms architecture across dedicated, human-like (PUDU D7), and humanoid form factors. Over 130,000 units have been shipped cumulatively worldwide, with business covering 85 countries and regions; in 2023 it held a 23% share of commercial service robots and 29% of commercial cleaning robots, both No.1 globally (Frost & Sullivan). Cleaning is the core growth engine at over 70% of revenue, and overseas revenue has exceeded 80% for years. In April 2026 it closed a nearly RMB 1B Series E at a valuation above RMB 10B, with over RMB 2B raised in total, becoming China's 15th embodied AI unicorn above RMB 10B; revenue grew over 100% in 2025 with EBITDA near break-even, making it one of the largest pre-IPO commercial service robot companies.

Technical Approach

A one-brain-many-forms technical architecture built on the three embodied AI technology stacks of embodied navigation, embodied manipulation, and embodied interaction - one brain driving multiple product forms. It trains its own foundation model PuduFM on real deployment experience data from 130,000 units, forming a data moat, and was among the first to move the underlying logic of product R&D into AI-native. Twin factories in Jianhu and Wuzhen provide 100,000-unit-scale annual capacity and large-scale volume delivery capability.

Commercialization（5）

• ◆Global coverage of 85+ countries and regions and 1,000+ cities, spanning 16 first-level industries; 130,000+ units shipped cumulatively, serving 40,000+ customers (500,000+ end customers)
• ◆23% share of commercial service robots (2023, No.1 globally) and 29% share of commercial cleaning robots (No.1 globally, Frost & Sullivan)
• ◆Overseas revenue stable above 80% for years; products adopted by Carrefour, Walmart, Edeka, Denner, and other top global chains
• ◆Cleaning robot exports growing over 100% year over year for years; 2026 export volume already exceeds the whole of last year
• ◆2025 revenue grew over 100% with EBITDA near break-even; factory lines ran at full capacity in H1 2026, with production scheduled into 2027

Position & Strengths（6）

• ◆No.1 global market share: 23% in commercial service robots and 29% in commercial cleaning robots (Frost & Sullivan)
• ◆Shipment scale lead: 130,000+ units globally, with industry-leading scale operations capability
• ◆Full-stack technology: embodied navigation, embodied manipulation, and embodied interaction plus a one-brain-many-forms architecture, expanding from delivery into cleaning, industrial, and full-form embodied intelligence
• ◆Commercial health: 2025 revenue doubled and EBITDA near break-even, with resilient cash flow
• ◆Top-tier capital: Meituan, HongShan, Tencent, BAIC Industry Investment, Lens Technology, Longgang Financial Holdings, Asia Investment Capital, etc.
• ◆Production capacity: Jianhu + Wuzhen twin factories, 100,000-unit-scale capacity, production scheduled to 2027