Xiaopeng Pengxing completed the signing of over US$100 million in Series A financing, and the implementation of intelligent robots accelerated

On July 12, Xiaopeng Motors ecological enterprise "Xpeng Pengxing" announced the completion of the A round of financing signing, and this round of financing exceeded 100 million US dollars.One of the leading investors in this round of financing is IDG Capital, and Xpeng Motors and other shareholders also participated in the investment.According to public information, this is the largest single bionic robot financing in China in the past two years.

Xpeng Pengxing CEO Xu Zhigen said: "Scientific and technological progress is accelerating the development of robots, and Xpeng Pengxing is committed to the creation of an intelligent bionic robot ecosystem. This round of financing highlights the capital market's expectations and confidence in the prospects of the robot industry, and the support will continue to be strong. The increase is also a full recognition of Pengxing's R&D strength and industrialization capabilities. After the financing is completed, Pengxing will further strengthen the full-stack R&D investment in robot hardware and machine intelligence, enhance the strength of high-end talent teams, and accelerate product development. and iteration speed to create Pengxing's technical advantages and product advantages. Pengxing will continue to strengthen the synergy with Xiaopeng's industrial chain and accelerate the process of robot industrialization. Pengxing's C-end-oriented intelligent bionic robots are expected to enter the home in the next two years. , to become a good helper for human beings and bring rich experiences to people. We believe that the era of intelligent robots will come, when intelligent robots will enter thousands of households and profoundly change people's way of life."

He Xiaopeng, Chairman and CEO of Xiaopeng Motors, said: "In recent years, both the intelligent travel and the intelligent robot industry have developed rapidly at a speed exceeding expectations. This also makes us more convinced that the high-tech era that once belonged to the imagination. , may become a reality in the hands of our generation. I believe that in the future, manufacturers of smart cars will also be manufacturers of smart robots. I believe that smart cars and smart robots will be the same industry in the future, and can generate 1+1 >2 effect. So bold innovation and courage to explore, this is not only the call of the times, but also the mission of Xpeng Motors as a technological innovation enterprise. We will continue to firmly support Xpeng Pengxing, and under the idea of ​​​​the future travel ecology Close strategic synergy with Penghang. We look forward to bringing you more surprises in the near future.”

As one of the leading investors of this financing, Cui Guangfu, a partner of IDG Capital, said: "The home service robot market has a huge room for imagination. The market is still in the exploratory period, and different entrepreneurial teams cut into different products to innovate and create. Pengxing and The R&D team of Xiaopeng Motors complements each other and creates a unique competitive advantage in the market. We expect that Pengxing will achieve breakthrough innovation through high-density R&D investment and successfully open up the huge home service robot market. He Xiaopeng is a continuous investment of IDG Capital. Excellent entrepreneurs supported. We are very honored to join hands with He Xiaopeng again to expand the field of service robots.”

Focus on consumer-level scenarios to accelerate the landing of intelligent robots

Throughout the world, footed robot products are mostly used in academic research or industrial scenarios, and large-scale market applications are still in the exploratory stage.Xiaopeng Pengxing first focuses on consumer-level scenarios, and is committed to creating intelligent bionic robots that can enter thousands of households and "live" with humans.

The first product of Xiaopeng Pengxing is a quadruped robot, which will have safe and agile motion performance, excellent autonomous navigation capabilities, multi-modal emotional interaction functions, and be equipped with the first home robotic arm to provide science fiction movies for family life. The perfect companionship, care, entertainment and transport experience.

As one of the earliest teams to enter the field of footed robots in China, Xiaopeng Pengxing was established in 2016. The company is headquartered in Shenzhen and has R&D centers in Guangzhou, Beijing, and Silicon Valley in the United States. It has become the most widely distributed in the field of intelligent robots. One of the companies, which has in-depth layout in key technical fields such as powertrain, motion control, autonomous driving, human-computer interaction, and machine intelligence.As of June 2022, the company has a total of more than 300 employees, of which more than 80% are R&D personnel, integrating experts from the fields of robotics, artificial intelligence, automotive design and manufacturing, and the Internet.

Benefiting from the synergy of the Xpeng Motors ecosystem, Xpeng Pengxing introduced the advantages of automobile R&D and manufacturing in product R&D, lean manufacturing, etc., and empowered each other in the fields of autonomous driving, power system, intelligent interaction, etc., and developed a unique intelligent robot The road of development is expected to become the definer and leader of consumer-grade robots, making intelligent robots a "new standard for smart life" in every family.