# Xpeng Robot Unit to Raise $900 Million From Likes of Alibaba > Source: > Published: 2026-08-24 10:32:18+00:00 (Bloomberg) -- Xpeng Inc.'s robot unit plans to raise $900 million from investors including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., bolstering the automaker's push into humanoid robots. Most Read from Bloomberg - [Canada Sees Long Trade War With US That May Last Beyond Midterms](https://www.bloomberg.com/news/articles/2026-08-23/canada-sees-long-trade-war-with-us-that-may-last-beyond-midterms?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) - [US Oil Refiners Face Import Squeeze From Biggest Foreign Seller](https://www.bloomberg.com/news/articles/2026-08-21/us-oil-refiners-face-import-squeeze-from-biggest-foreign-seller?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) - [US-Canada Trade Talks Fell Apart Over Fine Print, Envoy Says](https://www.bloomberg.com/news/articles/2026-08-23/us-canada-talks-fell-apart-over-fine-print-in-deal-envoy-says?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) - [Nvidia Customers Notified About AI-Related Price Hikes Above 15%](https://www.bloomberg.com/news/articles/2026-08-22/nvidia-customers-notified-about-ai-related-price-hikes-above-15?utm_campaign=bn&utm_medium=distro&utm_source=yahooUS) Under the agreement, the company's Dogotix subsidiary will raise $600 million from external investors, $200 million from Xpeng itself, and $100 million from top executives, Xpeng said in a statement on Monday. The funding will value Dogotix at over $6 billion after the transaction, it said. The big names involved in the lineup of investors, which include IDG Capital and Gaorong Ventures, is a vote of confidence for Xpeng, which is seeking to expand beyond electric vehicles and into high-tech fields like robotics and flying cars. If $500 million of warrants and other options were to be exercised, the fundraising amount would exceed $1.4 billion, according to the statement. Xpeng shares, which have fallen about 40% this year, declined 0.9% in Hong Kong on Monday before the announcement. --With assistance from Qianwei Zhang. (Updates with value of warrants in fourth paragraph.) Most Read from Bloomberg Businessweek ©2026 Bloomberg L.P.