Browsing Tag
Gaorong Ventures
3 posts
XPENG (9868) retains 82% of $6.3bn Dogotix as IRON humanoid production scales
XPENG has established a standalone $6.3 billion valuation for Dogotix, its humanoid robotics business, while retaining more than 80% ownership initially. The financing gives IRON its own capital base, but the larger investor question is whether mass production and commercial deployments can turn robotics into a meaningful source of value beside XPENG’s still loss-making electric vehicle business.
XPENG’s Dogotix raises $900m at $6.3bn valuation as humanoid robotics becomes a standalone capital story
XPENG has signed a $900 million financing for Dogotix led by major technology investors, establishing a $6.3 billion post-transaction valuation while shifting part of the cost of humanoid robotics development to outside capital.
Allink Biotherapeutics raises $42m to transform oncology and immunology treatments
Allink Biotherapeutics, a Shanghai-based clinical-stage biotechnology company, has completed a $42 million Series A funding round to accelerate…