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 robotics unit raised over $900 million at a $6.3 billion valuation, signaling major capital flow into embodied AI.
Excerpt
<a href="https://www.reuters.com/business/retail-consumer/xpeng-says-its-robotics-business-raised-over-900-million-first-funding-round-2026-08-24/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260824/i9.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260824/p9#a260824p9" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/business/retail-consumer/xpeng-says-its-robotics-business-raised-over-900-million-first-funding-round-2026-08-24/">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</a></b></span> — China's Xpeng said on Monday its robotics business raised over $900 million in its first funding round, led by IDG and Gaorong Ventures … </p>
Read at source: https://www.techmeme.com/260824/p9#a260824p9