Xpeng Motors' robotics division, Dogotix, has successfully completed a Series A funding round, raising over $900 million. Following this funding, the subsidiary's valuation has surpassed $6.3 billion.
IDG Capital led the funding round, with participation from Gaorong Ventures and strategic support from Alibaba and Tencent. The transaction was structured through the issuance of additional shares by Dogotix, while Xpeng maintained its controlling stake.
"The capital will accelerate comprehensive research and development of hardware and software, training for physical AI, smart manufacturing infrastructure, and expansion into global markets," the company stated.
Founded in 2014, China-based Xpeng Motors (Xiaopeng Motors Technology Co) established Dogotix in 2016 in Shenzhen. Xpeng co-founder He Xiaopeng serves as CEO for both companies.
After the unveiling of the humanoid robot IRON in October 2025, Xpeng specialists had to demonstrate that there was no real human inside, as the robot's movements appeared so lifelike.
According to SCMP, the company aims to produce 1,000 IRON humanoids per month by the end of 2026. Xpeng has confirmed plans to begin commercial sales of the device in 2027, starting with retail stores and Xpeng campuses before expanding globally with customer deliveries the same year.
Additionally, Dogotix is developing quadruped and tracked robots for smart home applications, logistics, energy infrastructure inspection, and security tasks.
China Leads the Humanoid Robot Market
According to Dealroom.co, humanoid robotics companies have attracted over $8.7 billion in venture capital since the start of the year, with two-thirds of this funding going to Chinese firms.
Source: Dealroom.co.In the first half of the year, AgiBot emerged as the sales leader, capturing a 44% market share, surpassing Unitree's 31% share for the first time.
From January to June, manufacturers shipped approximately 19,100 humanoids, more than tripling the figures from the previous year. Chinese companies dominate the market, accounting for 97% of global shipments.
In June, Morgan Stanley analysts raised their sales forecast for humanoids from China from 28,000 to 50,000 units by 2026, citing the shift to mass production by more players, including Xpeng, as a contributing factor.
It is noteworthy that in July, the U.S. Federal Communications Commission expanded its list of foreign humanoid and quadruped robot models banned from import and sale in the American market.