IDG Capital, Tencent and Alibaba join financing that values the Chinese EV maker's robotics business at about $6.3 billion
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An XPeng Inc. robot on display at Auto China in Beijing on May 3, 2026. Photo: VCG
XPeng said in an announcement that its robotics business has entered share purchase agreements with multiple investors to raise…
XPeng’s Robotics Unit Valued at $6.3B After Investment
XPeng Robotics raised over $900M at a $6.3B valuation, backed by IDG Capital, Gaorong Ventures, Tencent, and Alibaba, to scale…
Backers including Alibaba, Tencent and IDG put up a combined US$600 million while Xpeng itself pledges US$200 million.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality…
Chinese automaker XPeng announced on Monday that its humanoid robotics business has signed equity financing agreements with…
Xpeng raises $900M at $6.3B valuation to scale humanoid robot production
