Xpeng Motors’ robotics division, Dogotix, has closed a Series A funding round, raising over $900 million. The subsidiary’s valuation following the deal exceeded $6.3 billion.
The round was led by IDG Capital, with participation from Gaorong Ventures and strategic support from Alibaba and Tencent. The deal was structured through the issuance of additional Dogotix shares, with Xpeng retaining a controlling ownership stake.
“The capital will accelerate comprehensive research and development of hardware and software, physical AI training, intelligent manufacturing infrastructure, and global market expansion,” the company stated.
Based in China, Xpeng Motors (Xiaopeng Motors Technology Co) has been operating since 2014. Dogotix was founded in 2016 in Shenzhen. Xpeng co-founder He Xiaopeng serves as CEO of both companies.
Following the October 2025 presentation of the humanoid robot IRON, Xpeng specialists had to demonstrate that a real person was not inside the machine, as its movements were so lifelike.
According to SCMP, the company aims to produce 1,000 IRON humanoids per month by the end of 2026. Xpeng confirmed plans to begin commercial deliveries of the device in 2027, initially through retail stores and campuses, before expanding globally with customer deliveries in 2027.
Dogotix is also developing quadrupedal and tracked robots for smart homes, logistics, energy infrastructure inspection, and security tasks.
China Dominates Humanoid Robot Market
According to Dealroom.co, companies in the humanoid robotics segment have attracted over $8.7 billion in venture capital since the beginning of the year. Two-thirds of this amount went to Chinese firms.
In the first half of the year, AgiBot became the sales leader for the first time, surpassing Unitree with a 44% market share compared to 31%.
From January to June, manufacturers delivered approximately 19,100 humanoids, more than triple the figure from the previous year. Chinese companies virtually control the market, accounting for 97% of global shipments.
In June, Morgan Stanley analysts raised their forecast for sales of humanoids from China from 28,000 to 50,000 units in 2026. The bank cited the transition to mass production by more players, including Xpeng, as a factor in the adjustment.
In July, the U.S. Federal Communications Commission expanded the list of foreign humanoid and quadrupedal robots banned from import and sale in the American market.
