XPENG
Guangzhou, China
Humanoid Robots · Founded 2014 · Series B
XPENG is a Guangzhou-based Chinese company best known for smart electric vehicles, with its AI cars, flying cars and Turing AI chip sitting alongside its newer robotics push. The company describes itself as a leading global Physical AI company. Its robotics business, which is developing the humanoid robot Iron, is a separate unit that raised over US$900 million in August 2026 at a post-money valuation above US$6.3 billion. Lead investor IDG Capital was joined by Gaorong Ventures, with Tencent and Alibaba as strategic backers. The company's core customers remain drivers in China and beyond, though the humanoid effort targets embodied AI deployment. Its vehicles are assembled in Zhaoqing and Guangzhou, with European operations based in Amsterdam.
Visit website- Based in
- Guangzhou, China
- Founded
- 2014
- Builds
- Humanoid Robots, Physical AI & World Models
- Industries
- Automotive, Consumer
- Stage
- Series B
- Team
- 19,884 people
- Funding raised
- $900M
- Open roles
- 21