Xpeng Robotics Raises Over $900 Million, Post-Money Valuation Exceeds $6.3 Billion

Xpeng's humanoid robotics division has completed its first round of financing, raising over $900 million, with a post-money valuation exceeding $6.3 billion, setting a record for single-round private equity financing in China's embodied intelligence industry. This round was led by IDG Capital, with participation from Gao Rong Capital, and strategic investments from Tencent and Alibaba. The funds raised will be used for software and hardware R&D, physical AI model training and iteration, high-quality data collection, construction of a full-chain mass production base, and global commercialization expansion.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.