Pony AI (Initial Public Offering)
Funding Details
- Awarder
- Inbox
- Date Award
- November 27, 2024
- Vertical
- Autonomous Driving Technology
- Funding URL
- View Funding Page
- Premoney Valuation
- $4,550,000,000
- Valuation
- $5,250,000,000
- Funding Amount:
- $260,000,000
Company Info
- Traction
- Pony AI sold 20 million American depositary shares in its IPO, raising $260 million, with total proceeds potentially climbing to $452.4 million.
- Company Description
- Pony AI is a Chinese autonomous driving technology company that has recently gone public on the Nasdaq, securing a valuation of $5.25 billion after trading at $15 per share.
- Market
- Transportation
- Location
- China
- Coinvestors
- Goldman Sachs, BofA Securities, Deutsche Bank, Huatai Securities, Tiger Brokers