Pudu, backed by Tencent, and Neocrm raise new capital

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Chinese companies backed by Tencent, Pudu Technology and Neocrm, have both secured new funding to fund their next stage of development.

Pudu, backed by Tencent, lifts the C2 series tour

Pudu Technology, a Chinese developer of commercial service robots, closed the second installment of its Series C funding round at “hundreds of millions of yuan,” the startup said on Tuesday.

The Series C2 cycle, which came four months after the completion of a Series C1 cycle, brought its total Series C fundraising to nearly one billion yuan (155.2 million yuan). dollars). In May, he announced a Series C1 cycle, through which the startup raised 500 million yuan ($ 77.6 million) from investors, including Chinese food delivery giant Meituan and Sequoia Capital China.

Shenzhen-based Pudu focuses on the design, R&D, production and sale of commercial service robots, such as interactive delivery and reception robots, which can be used in restaurants, hospitals, schools. , office buildings, hotels, airports and beyond. The startup has more than 600 main patents, equipping its robots with technologies such as low-speed autonomous driving, robotic motor and motion control, and intelligent interaction.

Founded in 2016, the startup delivers products to more than 60 countries and regions. Its main clients include Haidilao, the world’s largest hot pot chain, Beijing roast duck restaurant brand Quanjude, property developer Country Garden, Holiday Inn owner IHG, and Marriott International Sheraton’s semi-luxury hotel chain. Hotels and Resorts.

Prior to the Series B round, Pudu raised over 100 million yuan ($ 15.5 million) in a Series B round of Meituan in July 2020. A month later, he closed an additional 100 million yuan in a Series B + round led by Sequoia Capital China.

CRM solution provider Neocrm closes $ 70 million

Neocrm, a Tencent-backed company that provides customer relationship management (CRM) solutions, closed $ 70 million in a new round of funding.

The firm did not disclose the new round investors. The new investment follows the completion of its $ 120 million Series E cycle from Tencent in September 2019.

It had raised a Series D + round of 100 million yuan in April 2018 and a Series D round of 280 million yuan ($ 43.5 million) in January 2017. Previous round investors include Sequoia Capital China, Matrix Partners China and ZhenFund.

Neocrm, which is also called “Xiaoshouyi (Easy Sales)” in Chinese, operates as a subsidiary of Beijing IngageApp Internet Technology providing enterprise-level CRM solutions to help customers automate their marketing, sales and customer services.

Leveraging technologies such as Artificial Intelligence (AI), Big Data and Internet of Things (IoT), the company helps B2B customers create a full-cycle CRM system that connects external distributors, suppliers of services and end users. Its solutions also help bring B2C companies closer to their customers to enable targeted marketing and customer acquisition. The company also has multilingual and multicurrency capabilities to support companies in their global business expansion.

Its products are adopted by companies in fields such as automotive, finance and retail, serving customers such as personal computer company Lenovo, electricity company Shanghai Electric, video surveillance manufacturer Hikvision, the French electrical equipment group Schneider Electric, the Beijing-based electric scooter maker Segway. Ninebot Group and Chacha Food, a company specializing in nuts and grilled foods.


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