XPeng Raises $900M for Humanoid Robot Unit in First External Funding
XPeng Group has joined the wave of embodied intelligence funding. Ahead of its Q2 2026 earnings release, the company announced that its humanoid robot business, Pengxing, completed its first external funding round, securing $900 million.
IDG Capital, Gaorong Ventures, Alibaba, and Tencent were among the external investors subscribing $600 million. The move highlights growing investor interest in humanoid robotics and positions XPeng as a key player in the space.