Robotics data startup XDOF reportedly negotiates Series B at $1.2B valuation

The short version

• XDOF is in advanced discussions to raise a Series B funding round led by 8VC at a valuation near $1.2 billion, according to people familiar with the transaction.[TechCrunch]
• The startup, which provides teleoperation and sensor training datasets for physical robotics, previously raised $70 million in a June Series A round.[TechCrunch]
• People familiar with the talks say the new funding interest follows accelerating annualized revenue approaching $50 million.[TechCrunch]
• The total investment amount remains unconfirmed, and deal terms are not yet finalized.[TechCrunch]

Key facts

• XDOF is in late-stage negotiations to secure a Series B funding round led by 8VC at an estimated valuation of $1.2 billion, according to sources familiar with the matter.[TechCrunch]
• The startup previously secured $70 million in a Series A funding round in June, backed by investors including Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital.[TechCrunch]
• Sources state that XDOF's annualized revenue is nearing $50 million, driving early investor demand for an additional financing round.[TechCrunch]
• XDOF previously reported having 20 customers, including multiple frontier AI laboratories.[TechCrunch]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• XDOF, just three months out of stealth, is in talks for a Series B at a $1.2B valuationTechCrunch