Elephant Robotics Secures Over $100M in Funding to Advance Robotic Joint Modules and Axial Flux Motor Production

Shenzhen XiaoXiang Electric Technology Co., Ltd. recently completed a new round of financing exceeding RMB 100 million, led by Hengxu Capital with participation from Nanjing Venture Capital, the New Fourth Army Foundation, and other investors. The proceeds will primarily be used to expand axial-flux motor production capacity, iterate robotic joint modules, and accelerate global market expansion. The company plans to launch the world’s first automated production line for axial-flux motors—capable of producing over 150,000 units annually—by 2026. The production line, whose design has been fully completed, integrates precision assembly, intelligent inspection, and digital management technologies to enable high-quality, large-scale manufacturing of high-performance motors.