Funding › Investors

Alibaba portfolio: 3 rounds in AI and data

Rounds where Alibaba led or took part, newest first. Led: 1.

1. XPENG Robotics raises $900M Series A, Aug 24, 2026. Robotics. Led by IDG Capital. XPENG Robotics, the robotics unit of XPeng, develops the IRON humanoid robot and physical AI models.
2. Moonshot AI raises $500M Series C, Dec 31, 2025. AI models. Led by IDG Capital. Builds the Kimi family of large language models and the Kimi chatbot.
3. Moonshot AI raises $1B, Feb 20, 2024. AI models. Led by Alibaba, HongShan. Builds the Kimi family of large language models and the Kimi chatbot.