Humanoid robotics subsidiary being carved out
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Standalone entity valued at $6.3B post-money, XPeng retaining control
XPeng's robotics business has raised over $900 million at a valuation above $6.3 billion, the largest single-round private financing in China's embodied AI industry. IDG Capital led the round, with Tencent and Alibaba joining as strategic investors.
Updated Aug 25
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