XDOF, just three months out of stealth, is in talks for a Series B at a $1.2B valuation | TechCrunch
Less than three months after emerging from stealth, XDOF, a startup that collects real-world teleoperation data for training general-purpose robots, is in late-stage talks to raise a Series B at a valuation of about $1.2 billion valuation led by 8VC, several people with knowledge of the deal said. XDOF was co-founded by UC Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO) in 2024. TechCrunch reported on the startup's $70 million Series A in June, with participation from Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. XDOF wasn't planning to raise again so soon after that round. But the company's rapid growth ' with annualized revenue approaching $50 million ' prompted VCs to approach it about a new round, the people said. The startup aims to build the data pipelines, collection tools, and annotation systems that frontier AI labs and robotics companies can't easily build themselves, essentially acting as an outsourced data-supply chain for the robotics...
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