RoboticsTechmemeabout 2 hours ago
XPeng robotics raises $900M at $6.3B valuation
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XPeng's robotics business raised over $900 million in funding led by IDG and Gaorong Ventures, at a $6.3 billion valuation. Tencent and Alibaba participated in the round. The investment values the robotics unit as a major standalone asset for the Chinese EV maker.
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