XDOF, just three months out of stealth, is in talks for a Series B at a $1.2B valuation
The round is being raised just months after the robot data startup exited from stealth.
TL;DR
- XDOF is in late-stage talks to raise a Series B at a valuation of approximately $1.2 billion.
- The startup was founded in 2024 by UC Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO).
- This potential Series B round follows a $70 million Series A raise in June.
- The company's rapid growth, with annualized revenue nearing $50 million, has attracted VC interest.
- XDOF provides data pipelines, collection tools, and annotation systems for the robotics industry.
- The startup is collaborating with UC Berkeley's AI Research lab to release a large collection of robot training data named ABC.
- XDOF partners with frontier AI labs and robotics companies, and currently serves 20 customers.