Xpeng's Robotics Division Raises Over 900 Million USD – Record Round for China's Embodied AI!
Reading Time: 3 minutes
Xpeng's robotics subsidiary raises over 900 million USD in a single round and is valued at over 6.3 billion USD. This is the largest single funding round the embodied AI sector in China has ever seen – with participation from Alibaba and Tencent. Record Round for the Robotics Subsidiary Xpeng's robotics division has secured purchase agreements with several investors, raising over 900 million USD at a valuation of more than 6.3 billion USD – according to the company, the largest private single funding round in China's embodied AI sector to...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
