Robotics Capital
XPeng says robotics unit raised more than $900 million
XPeng said its robotics business raised more than $900 million in its first funding round at a $6.3 billion valuation. The company said IDG and Gaorong Ventures led the round, with Tencent and Alibaba participating. The funding is for XPeng's robotics business rather than its electric-vehicle operations.
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