Dogotix, the robotics unit of electric vehicle manufacturer Xpeng Motors, has closed a Series A funding round, raising over $900 million. The deal valued the subsidiary at more than $6.3 billion. The round was led by investment firm IDG Capital, with participation from Gaorong Ventures and strategic support from tech giants Alibaba and Tencent. The transaction was structured through the issuance of additional Dogotix shares, with parent company Xpeng retaining a controlling stake.
Xpeng Motors (Xiaopeng Motors Technology Co) has been operating since 2014, while the Dogotix unit was founded in 2016 in Shenzhen. Xpeng co-founder He Xiaopeng serves as CEO of both organizations. According to the company's official statement, the raised capital will be directed toward accelerating full-scale R&D in hardware and software, training physical AI models, developing intelligent manufacturing infrastructure, and expanding global market presence.
In October 2025, the company unveiled a humanoid robot called IRON. The demonstration of the device's capabilities generated significant buzz: the machine's movements were so natural that Xpeng representatives had to provide additional proof that no actual human was inside the body. According to the South China Morning Post (SCMP), company leadership plans to reach a production volume of 1,000 IRON units per month by the end of 2026. Commercial deliveries of the device are confirmed to begin in 2027. Sales will initially be organized through Xpeng's retail stores and campuses, followed by a transition to global scaling with direct delivery to end consumers.
In addition to humanoid models, Dogotix is developing quadruped and tracked robotic systems intended for use in smart home systems, logistics operations, energy infrastructure inspection, and security applications. According to analytics platform Dealroom.co, companies in the humanoid robotics segment have raised more than $8.7 billion in venture capital since the beginning of the year, with two-thirds of that amount directed toward Chinese firms.
For the first half of the year, AgiBot emerged as the sales leader for the first time, capturing a 44% market share and surpassing Unitree, which held 31%. Between January and June, manufacturers shipped approximately 19,100 humanoid robots — more than triple the figure for the same period of the previous year. Chinese companies dominate the segment almost entirely, accounting for 97% of global shipments.
In June, analysts at investment bank Morgan Stanley raised their forecast for humanoid robot sales from China in 2026 from 28,000 to 50,000 units. Experts cited the shift to mass production by a growing number of players, including Xpeng, as one of the key factors behind the revision. In July, the U.S. Federal Communications Commission updated its list of foreign humanoid and quadruped robot models, restricting their import and sale on the domestic market under existing regulatory procedures.