XPeng’s robotics division secured over $900 million in its first external funding round. IDG Capital and Gaorong Ventures co-led the investment. Tencent and Alibaba provided significant strategic capital.
The deal values the robotics unit at over $6.3 billion post-money. This marks the largest single-round private financing in China’s embodied AI sector.
XPeng will use the funds to accelerate research and development. The capital supports scaling mass production for humanoid robots and expanding commercial applications.