Humanoid Robots Go Premium: XPeng's $900M Mega-Round Signals the Physical AI Era Has Entered Production Mode

XPeng's robotics subsidiary has secured over $900 million in fresh funding at a post-money valuation above $6.3 billion — the single largest humanoid robot raise this year. Led by IDG Capital with Tencent and Alibaba as strategic investors, the capital will accelerate mass production of XPeng's Iron humanoid robot, targeted for end-of-2026 production with commercial deployments slated for 2027. The round also funds Physical AI research, the emerging category of AI systems...