Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating (Reuters)
XPeng’s robot unit is now being valued as a standalone physical-AI bet, not just an EV side project.
The company said the robotics business raised more than $900 million in its first funding round, at a valuation above $6.3 billion. IDG Capital and Gaorong Ventures led the round, with Tencent and Alibaba also participating. The linked roundup points to XPeng’s IRON humanoid robot push and plans tied to mass production in 2026. Techmeme's note
The company said the robotics business raised more than $900 million in its first funding round, at a valuation above $6.3 billion. IDG Capital and Gaorong Ventures led the round, with Tencent and Alibaba also participating. The linked roundup points to XPeng’s IRON humanoid robot push and plans tied to mass production in 2026. Techmeme's note
score 8