Automotive

Xpeng

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

$500M
Total Raised
Series Unknown
Latest Round
2014
Founded
15000+
Employees
3 Songgang Road, Guangzhou 510000, China
1 min read

Quick Facts

Valuation
$15B
Latest Round Size
$500M
Latest Round Date
July 2024

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

Key Investors

Alibaba
Lead Investor
Verified investor in Series Unknown
Xiaomi
Investor
Verified investor in Series Unknown
IDG Capital
Investor
Verified investor in Series Unknown
Morningside Ventures
Investor
Verified investor in Series Unknown
GGV Capital
Investor
Verified investor in Series Unknown
Hillhouse Capital
Investor
Verified investor in Series Unknown

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources