XPeng's Humanoid Robot Unit Dogotix Raises $900M in Funding
XPeng Motors' humanoid robotics subsidiary, Dogotix, has raised over $900 million in its initial funding round, bringing its post-money valuation to more than $6.3 billion. The investment will fund hardware and software development, data collection, physical AI model training, mass-production facility construction, and global expansion. Dogotix, founded in 2016 and based in Shenzhen, remains a wholly owned subsidiary of XPeng, with He Xiaopeng continuing as CEO of both companies.
XPeng, established in 2014 and headquartered in Guangzhou, aims to be a global leader in AI mobility. The company develops its full-stack advanced driver-assistance system (ADAS) and in-car operating system in-house, with most manufacturing in China. In May, XPeng launched its first robotaxi based on the GX platform but is still working toward profitability, according to The Wall Street Journal.
XPeng plans to scale production of its IRON humanoid robot to 1,000 units per month by the end of 2026. The dexterous robot targets retail stores and industrial campuses, with commercial deliveries expected to start in 2027. Dogotix also develops quadruped and tracked robots for smart home, logistics, power inspection, and security applications. As an early-stage company, it reported losses in 2024 and 2025.
Other automakers investing in humanoids include Hyundai (testing Boston Dynamics' Atlas), Tesla (preparing mass production of Optimus), and BMW (deploying Figure AI's Figure 03 after trials). These companies see a large market for mass-produced complex machinery and electronics.
Editor's note: Humanoid robotics is a key topic at RoboBusiness 2026, scheduled for Oct. 20-21 in Santa Clara, Calif. Presenting companies include Agility, AgiBot, Apptronik, Core Matter Labs, ForceN, Kollmorgen, Persona AI, PSYONIC, and Synapticon. Registration is open.
Investment in humanoid robotics continues to surge. IDG Capital led the funding round for XPeng, with strategic investors including Alibaba and Tencent. Gaorong Ventures, which also backed Momenta and AgiBot, participated as well, Reuters reported. XPeng said the round set a record for single private financing in China's embodied AI sector. The valuation is comparable to other recent humanoid funding, such as NEURA Robotics' $1.4 billion Series C, Apptronik's $935 million Series A, Unitree Robotics' $906 million IPO, Agility's $620 million SPAC deal, and Humanoid's $152 million Series A.
So far this year, investors have poured over $8.7 billion into humanoid robotics startups, with two-thirds going to Chinese companies, according to Dealroom.co. However, it remains uncertain when these ventures will deliver commercial value. For example, Unitree's stock surged 460% after its IPO but has since fallen 44% from that high.