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Xpeng raises over $900 million in first funding round for robotics business

Reuters +2 ·

XPEV
XPEV XPeng Inc ADR
$12.19 +1.58%
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  1. 1Xpeng (XPEV) attracts over $900 million in its first robotics funding round
  2. 2Round led by IDG and Gaorong Ventures; Tencent and Alibaba join as strategic investors
  3. 3Post-funding enterprise value of robotics business expected to exceed $6.3 billion

This 3-line summary is compiled from the report below.

Reuters +2 View original ↗
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