XDOF Nears $1.2 Billion Series B Led by 8VC as Revenue Approaches $50 Million
Updated
Updated · TechCrunch · Sep 4
XDOF Nears $1.2 Billion Series B Led by 8VC as Revenue Approaches $50 Million
1 articles · Updated · TechCrunch · Sep 4
Summary
$1.2 billion is the valuation XDOF is discussing in late-stage Series B talks led by 8VC, less than three months after the robot-data startup emerged from stealth.
Nearly $50 million in annualized revenue helped trigger the new raise, with investors approaching XDOF despite its having just closed a $70 million Series A in June.
XDOF sells teleoperation, data-pipeline and annotation systems for robot training, positioning itself as an outsourced data supply chain for frontier AI labs and robotics companies.
20 customers were already using the platform, and XDOF is working with UC Berkeley's AI Research lab on ABC, which it says will be the largest high-quality robot training dataset assembled.
The deal terms are still not final, but the fundraising underscores how scarce real-world training data has become a key bottleneck in building general-purpose robots.