# XPeng's robotics business completes over $900 million first funding round at $6.3 billion post-money valuation

- Source: OFweek Robotics
- Published: 2026-10-28T09:12:00.000Z
- RoboHot: https://robohot.news/en/items/ardn6vc6vqkl8gmaaklt12jlk
- Original: https://robot.ofweek.com/2026-10/ART-898890-12003-30709227.html

## Summary

XPeng Group's robotics business has completed a first funding round of over $900 million at a post-money valuation of $6.3 billion, led by IDG Capital with participation from Gaorong Ventures, and with Tencent and Alibaba joining as strategic investors. The funds will be used for software and hardware R&D, training and iteration of physical AI models, data collection, construction of mass-production facilities, and global commercialization. The IRON humanoid robot has 76 degrees of freedom across its body and 21 degrees of freedom per hand, carries 3 Turing AI chips, and has 2250 TOPS of on-device compute; mass production is planned for the end of 2026, with external deliveries to begin in 2027.