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On August 24, Xiaopeng Robotics completed the first round of financing of more than 900 million US dollars, and the post-investment valuation of Xiaopeng Robotics exceeded 6.3 billion US dollars, setting the record for a single round of private equity financing in China's intelligent industry. This round of financing was initiated by the world's top investment institutions: led by IDG Capital, Gao Rong Venture Capital participated, and received support from two strategic investors, Tencent and Alibaba; Xiaopeng Group continued to control the robotics business. For the four investors, this round is one of the largest single investments disclosed by them in the field of embodied intelligence.
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On August 24, Xiaopeng Robotics completed the first round of financing of more than 900 million US dollars, and the post-investment valuation of Xiaopeng Robotics exceeded 6.3 billion US dollars, setting the record for a single round of private equity financing in China's intelligent industry. This round of financing was initiated by the world's top investment institutions: led by IDG Capital, Gao Rong Venture Capital participated, and received support from two strategic investors, Tencent and Alibaba; Xiaopeng Group continued to control the robotics business. For the four investors, this round is one of the largest single investments disclosed by them in the field of embodied intelligence.
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