Monday, 24 August

Monday, 24 August2026

Bot Bucks: XPeng’s Robotics Division Hits $6.3B Valuation in Record $900M Funding

By TechShots Studio
Bot Bucks: XPeng’s Robotics Division Hits $6.3B Valuation in Record $900M Funding
XPeng’s robotics business secured over $900 million in a historic funding round led by IDG Capital, with backing from tech giants Tencent and Alibaba. Pushing the unit's valuation past $6.3 billion, this record-breaking capital raise in China's embodied AI sector will fund hardware R&D, AI model training, and the mass production of XPeng's flagship humanoid robot, "IRON."
Read full story at REUTERS

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