# XPeng robotics raises $900M for IRON humanoid robot at $6.3B valuation

> XPeng's robotics unit has raised more than $900 million at a $6.3 billion post-money valuation, the largest embodied-AI funding round yet seen in China. IDG Capital led the round with Gaorong Ventures, and strategic investors Tencent and Alibaba took part, while the EV maker spins its robotics work into a standalone subsidiary in which it keeps an 82 percent stake. The mix included roughly $600 million from outside investors, plus contributions from XPeng and its leadership. The money is aimed squarely at manufacturing. XPeng wants its IRON humanoid in production at more than 1,000 units a month by the end of 2026, with commercial deliveries in 2027 and an ambitious goal of a million units by 2030. That timeline would put it ahead of many Western rivals racing toward the same milestone. The round, announced during an earnings call that also touted a 65 percent jump in vehicle deliveries, shows how seriously Chinese manufacturers are treating humanoid robots as the next platform. Whether IRON can actually ship at these volumes, and find buyers, is the test that follows the headline number.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: Bloomberg · Published Tuesday, August 25, 2026_

## Wortins' read

XPeng's robotics unit has raised more than $900 million at a $6.3 billion post-money valuation, the largest embodied-AI funding round yet seen in China. IDG Capital led the round with Gaorong Ventures, and strategic investors Tencent and Alibaba took part, while the EV maker spins its robotics work into a standalone subsidiary in which it keeps an 82 percent stake. The mix included roughly $600 million from outside investors, plus contributions from XPeng and its leadership. The money is aimed squarely at manufacturing. XPeng wants its IRON humanoid in production at more than 1,000 units a month by the end of 2026, with commercial deliveries in 2027 and an ambitious goal of a million units by 2030. That timeline would put it ahead of many Western rivals racing toward the same milestone. The round, announced during an earnings call that also touted a 65 percent jump in vehicle deliveries, shows how seriously Chinese manufacturers are treating humanoid robots as the next platform. Whether IRON can actually ship at these volumes, and find buyers, is the test that follows the headline number.

## Source

[Read the full story at Bloomberg](https://www.bloomberg.com/news/articles/2026-08-24/xpeng-robot-unit-to-raise-900-million-from-likes-of-alibaba)

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