Xpeng

Deals & regulation

1. Aug 24

   Raised $900M at $6.3B · led by IDG Capital

Trends

• Robotics and world models attract capital on the way to deployment

Items

1. Aug 24

   Xpeng's robotics unit raises $900M

   Xpeng's robotics subsidiary raised more than $900M at a valuation above $6.3B, with IDG Capital joined by Tencent and Alibaba, the largest single private financing to date in China's embodied-AI sector.