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XDOF, just 3 months out of stealth, is in talks for a Series B at a $1.2B valuation

TechCrunch · AIby Marina Temkin ()2 min read3 · 1 read
AI summary · glm-5.3-flashSummaries by Vani AI

Robotics data startup XDOF is in talks for a Series B at a $1.2B valuation led by 8VC, three months after emerging from stealth.

XDOF, co-founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu, collects real-world teleoperation data for training general-purpose robots. It raised a $70M Series A in June from Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital, and annualized revenue is approaching $50 million. The company is partnering with UC Berkeley's AI Research lab to release the ABC robot training dataset and already serves about 20 customers, including several frontier AI labs. Terms of the Series B are not final.

Key facts
  • Series B talks led by 8VC at roughly $1.2B valuation, three months after $70M Series A.
  • Annualized revenue approaching $50M; about 20 customers including frontier AI labs.
  • Built on GELLO teleoperation research; releasing ABC dataset with UC Berkeley AI Research.
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From the original article

2 min read at techcrunch.com

The round is being raised just months after the robot data startup exited from stealth.

TechCrunch · AI

By Marina Temkin · techcrunch.com

Read the full article at TechCrunch · AI

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.