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XPeng Group's humanoid robotics business has completed its first round of financing, raising over $900 million, with a post-investment valuation exceeding $6.3 billion, setting a domestic record.
XPeng Group announced that its humanoid robot subsidiary, Dogotix (IRON), has signed a Series A equity financing agreement with investors including IDG Capital, Gaorong Capital, Tencent, and Alibaba, raising over US$900 million. The post-money valuation exceeds US$6.3 billion, setting a new record for a single round of private financing in China's embodied AI industry. IRON plans to enter mass production by the end of 2026.
Source：华尔街见闻 · Source Link
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