Robotics Data Startup XDOF in Series B Talks at $1.2 Billion Valuation
Achieving rapid growth since exiting stealth mode, robotics data startup XDOF is holding investment round talks led by 8VC.
Less than three months after exiting stealth mode, robotics data startup XDOF is in advanced talks for a Series B investment round at a valuation of approximately $1.2 billion, led by 8VC.
Rapid Growth and Investment Talks
The company's annualized revenue approaching $50 million has prompted venture capital funds to contact the startup for a new investment round.
XDOF, which completed its Series A round in July, had not planned to raise funds again in such a short period.
Founding and Academic Foundations
XDOF was co-founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu.
Wu and Shentu made an impactful academic contribution to the robotics field with a low-cost teleoperation system called GELLO.
Data Supply Chain for the Robotics Industry
The startup aims to build data pipelines that frontier AI labs and robotics companies struggle to build on their own.
XDOF fulfills a major need by acting as an outsourced data supply chain for the robotics industry.
Data Collection Methods and ABC Collection
XDOF collects data by combining remote robot operations with human collectors recording everyday tasks.
The startup is preparing to announce a robotics training data collection in partnership with the UC Berkeley AI research lab.