# Xpeng Motors funding: rounds and investors > Xpeng Motors has raised $2.4B across 3 rounds since 2018. Investors include Lightspeed Venture Partners, IDG Capital and HSG. Every round with its source. Source: https://millionrounds.com/company/xpeng-motors (Millionrounds; every figure on the page links to its filing or article) China · [Funded startup](https://millionrounds.com/companies) # Who invested in *Xpeng Motors* 3 rounds we have observed, with the 10 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. Automotive & EVs Logistics Manufacturing Funding summary Updated 26 Oct 2026 **$2.4B** raised across 3 rounds since 2018, from 3 sources **$587M** Series B **$400M** Series C **$1.4B** Debt - **Latest round:** Debt, $1.4B Aug 2025 - **Step-up i:** 3.5× - **Investors:** 10 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 2020 2021 2022 2023 2024 2025 **$587M** Series B **$400M** Series C **$1.4B** Debt - **First round:** Series B, $587M - **Biggest round:** $1.4B - **Usual gap between rounds:** 5.8 years ## The rounds - **Aug 2025** Debt **$1.4B** *5 new* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [Coatue](https://millionrounds.com/fund/coatue-management) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Source recorded - **Nov 2019** Series C **$400M** No investor was named in the report. Reported by TechCrunch - **Aug 2018** Series B **$587M** *5 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 K11 Reported by FinSMEs ## 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. **Series B** 2018 **Series C** 2019 **Debt** 2025 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [HSG](https://millionrounds.com/fund/hsg) [Coatue](https://millionrounds.com/fund/coatue-management) [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) [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 K11 ## Everyone who backed them [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round [HSG](https://millionrounds.com/fund/hsg) VC firm **1** round [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round [Hill House Capital](https://millionrounds.com/fund/hill-house-capital) Family office **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 He Xiaopeng. Hillhouse no record of our own yet **1** round K11 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=xpeng-motors). ## Also claim to have backed them These 3 firms list Xpeng Motors as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Shunwei Capital](https://millionrounds.com/fund/shunwei-capital) VC firm Per its own site [5Y Capital](https://millionrounds.com/fund/5y-capital) VC firm Per its own site [Welight Capital](https://millionrounds.com/fund/welight-capital) VC firm Per its own site ## Quick answers about Xpeng Motors ### Who invested in Xpeng Motors? Xpeng Motors's investors include Lightspeed Venture Partners, IDG Capital, HSG, Coatue and Hill House Capital, and 5 more on record. ### How much has Xpeng Motors raised? Xpeng Motors has raised $2.4B across 3 rounds since 2018. ### When did Xpeng Motors last raise? Xpeng Motors's most recent round was a Debt of $1.4B in Aug 2025. ### What was Xpeng Motors's biggest round? Its most recent round, $1.4B in Aug 2025, is also its largest on record. ### Who backed Xpeng Motors first? Xpeng Motors's first round on record, in Aug 2018, was backed by Morningside Venture Capital, Primavera Capital Group and Eastern Bell and 2 others. ### What stage is Xpeng Motors at? Xpeng Motors's latest named round is a Debt, in Aug 2025. ### Where is Xpeng Motors based? Xpeng Motors is based in China. ## Companies like Xpeng Motors In the same sector, and raised in the last eighteen months. [**SemiDrive** $288M · Sept 2026](https://millionrounds.com/company/semidrive)[**QCraft** $200M · Mar 2026](https://millionrounds.com/company/qcraft)[**Snapmaker** $3.0M · Dec 2025](https://millionrounds.com/company/snapmaker)[**NIO** $1.6B · Sept 2025](https://millionrounds.com/company/nio)[**EngineAI** $139M · Jul 2025](https://millionrounds.com/company/engineai)[**Unitree Robotics** $1.7B · Jun 2025](https://millionrounds.com/company/unitree-robotics) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app