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Automotive

Xpeng

Xpeng raises $500M Series Unknown at $15B valuation

3 Songgang Road, Guangzhou 510000, ChinaJuly 10, 20241 min read
Total Raised
$500M
Valuation
$15B
Latest Round
Series Unknown
Employees
15000+

Xpeng: Series Unknown Funding Round

Xpeng has successfully raised $500M in Series Unknown funding, reaching a valuation of $15B.

Company Overview

Electric vehicle manufacturer

Funding Details

The Series Unknown round was led by Alibaba, with participation from Xiaomi, IDG Capital, Morningside Ventures, GGV Capital, Hillhouse Capital.

Company Information

  • Headquarters: 3 Songgang Road, Guangzhou 510000, China
  • Founded: 2014
  • Employees: 15000+
  • Category: Automotive

Investment

Xpeng plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Alibaba: Verified investor in Series Unknown
  • Xiaomi: Verified investor in Series Unknown
  • IDG Capital: Verified investor in Series Unknown
  • Morningside Ventures: Verified investor in Series Unknown
  • GGV Capital: Verified investor in Series Unknown
  • Hillhouse Capital: Verified investor in Series Unknown

Company Info

Headquarters
3 Songgang Road, Guangzhou 510000, China
Founded
2014
Team Size
15000+
Last Round
$500M(Jul 2024)

Investors (6)

A
AlibabaLead
Lead Investor
Verified investor in Series Unknown
X
Xiaomi
Investor
Verified investor in Series Unknown
I
IDG Capital
Investor
Verified investor in Series Unknown
M
Morningside Ventures
Investor
Verified investor in Series Unknown
G
GGV Capital
Investor
Verified investor in Series Unknown
H
Hillhouse Capital
Investor
Verified investor in Series Unknown

Topics

verified(3079)real-funding(3079)xpengautomotiveseries-unknown3-songgang-road

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