Pony.ai announces first close of Series D financing round, with a valuation of $8.5 Billion
Pony.ai announced that it has completed the first close of its Series D financing. The Series D round, which has a significant valuation uplift from the 2020 “C” and “C+” rounds, is a recognition by investors of Pony.ai’s achieved technical milestones and significant progress toward a commercialized robotaxi and robotruck product.