XDOF in late-stage Series B talks at reported US$1.2 billion valuation
The robotics data startup is reportedly approaching US$50 million in annualised revenue less than three months after emerging from stealth.
XDOF is in late-stage talks to raise a Series B led by 8VC at a valuation of about US$1.2 billion, according to a TechCrunch report citing people familiar with the deal.
The proposed financing comes less than three months after the robot-data startup emerged from stealth. XDOF was not planning to raise again so soon, but investors reportedly approached the company following rapid growth.
People familiar with the discussions said XDOF’s annualised revenue is approaching US$50 million. The total capital being raised has not been disclosed, and it is unclear whether the reported valuation includes the new funding. The terms remain unfinalised and could change.
Founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu, XDOF collects teleoperation and human-movement data to train general-purpose robots. Its systems are designed to provide data pipelines, collection tools and annotation services for frontier AI labs and robotics companies.
TechCrunch reported in June that XDOF had raised a US$70 million Series A from investors including Thrive Capital, Andreessen Horowitz, Lux and Spark Capital. The startup has said it works with 20 customers, including frontier AI labs.
XDOF is also partnering with UC Berkeley’s AI Research lab on ABC, a robot-training dataset the company believes will be the largest collection of high-quality data of its kind ever assembled. XDOF and 8VC did not respond to TechCrunch’s requests for comment.
