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XPeng robotics raises $900M at $6.3B valuation for IRON robot push
XPeng’s robotics business has raised over $900 million at a post-money valuation of more than $6.3 billion, the Chinese EV maker announced today.
AI Summary
XPeng’s robotics division announced it has secured more than $900 million in a single funding round, valuing the unit at over $6.3 billion after the investment. The company says this is the largest single‑round private financing ever raised in China’s embodied AI sector. The capital will support the development and production of the company’s IRON humanoid robot. No further details on the investors or next steps were provided.
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