# Xiaopeng Motors funding: rounds and investors

> Xiaopeng Motors has raised $935M across 2 rounds since 2018. Investors include GGV Capital, Morningside Group and CICC. Every round with its source.

Source: https://millionrounds.com/company/xiaopeng-motors (Millionrounds; every figure on the page links to its filing or article)

China · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Xiaopeng Motors*

2 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$935M** raised across 2 rounds since 2018, from 2 sources

**$348M** Round **$587M** Series B

- **Latest round:** Series B, $587M Aug 2018
- **Step-up i:** 1.7×
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$348M** Round

**$587M** Series B

- **First round:** Round, $348M
- **Biggest round:** $587M
- **Between rounds:** 6 months

## The rounds

- **Aug 2018** Series B **$587M** *4 new* [Morningside Venture Capital](https://millionrounds.com/fund/morningside-venture-capital) [Primavera Capital Group](https://millionrounds.com/fund/primavera-capital-group) [Eastern Bell](https://millionrounds.com/fund/eastern-bell) He Xiaopeng/ Hillhouse Reported by China Money Network
- **Jan 2018** Round **$348M** *8 new* [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Morningside Group](https://millionrounds.com/fund/morningside) [CICC](https://millionrounds.com/fund/cicc) [Matrix](https://millionrounds.com/fund/matrix) [Foxconn](https://millionrounds.com/fund/foxconn) [Apoletto Asia](https://millionrounds.com/fund/apoletto-asia) Alibab IDG/ Yungfeng Reported by China Money Network

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Series B** 2018 [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Morningside Group](https://millionrounds.com/fund/morningside) [CICC](https://millionrounds.com/fund/cicc) [Matrix](https://millionrounds.com/fund/matrix) [Foxconn](https://millionrounds.com/fund/foxconn) [Morningside Venture Capital](https://millionrounds.com/fund/morningside-venture-capital) [Primavera Capital Group](https://millionrounds.com/fund/primavera-capital-group) [Eastern Bell](https://millionrounds.com/fund/eastern-bell) [Apoletto Asia](https://millionrounds.com/fund/apoletto-asia) Alibab

## Everyone who backed them

[GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **1** round

[Morningside Group](https://millionrounds.com/fund/morningside) VC firm **1** round

[CICC](https://millionrounds.com/fund/cicc) Investment bank **1** round

[Matrix](https://millionrounds.com/fund/matrix) Hedge fund **1** round

[Foxconn](https://millionrounds.com/fund/foxconn) Investment firm **1** round

[Morningside Venture Capital](https://millionrounds.com/fund/morningside-venture-capital) VC firm **1** round

[Primavera Capital Group](https://millionrounds.com/fund/primavera-capital-group) Private equity **1** round

[Eastern Bell](https://millionrounds.com/fund/eastern-bell) Growth equity **1** round

[Apoletto Asia](https://millionrounds.com/fund/apoletto-asia) VC firm **1** round

Alibab no record of our own yet **1** round

He Xiaopeng/ Hillhouse no record of our own yet **1** round

IDG/ Yungfeng no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xiaopeng-motors).

## Quick answers about Xiaopeng Motors

### Who invested in Xiaopeng Motors?

Xiaopeng Motors's investors include GGV Capital, Morningside Group, CICC, Matrix and Foxconn, and 7 more on record.

### How much has Xiaopeng Motors raised?

Xiaopeng Motors has raised $935M across 2 rounds since 2018.

### When did Xiaopeng Motors last raise?

Xiaopeng Motors's most recent round was a Series B of $587M in Aug 2018.

### What was Xiaopeng Motors's biggest round?

Its most recent round, $587M in Aug 2018, is also its largest on record.

### Who backed Xiaopeng Motors first?

Xiaopeng Motors's first round on record, in Jan 2018, was backed by GGV Capital, Morningside Group and CICC and 5 others.

### What stage is Xiaopeng Motors at?

Xiaopeng Motors's latest named round is a Series B, in Aug 2018.

### Where is Xiaopeng Motors based?

Xiaopeng Motors is based in China.

## Companies like Xiaopeng Motors

In the same sector, and raised in the last eighteen months.

[**Snapmaker** $3.0M · Dec 2025](https://millionrounds.com/company/snapmaker)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**Xpeng Motors** $2.4B · Aug 2025](https://millionrounds.com/company/xpeng-motors)[**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai)[**Unitree Robotics** $1.7B · Jun 2025](https://millionrounds.com/company/unitree-robotics)[**Sigma Squares Tech** $16M · May 2025](https://millionrounds.com/company/sigma-squares-tech)

## Find investors like these

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