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

Robotics startup XDOF is in late-stage talks to raise a Series B funding round at a $1.2 billion valuation. The company provides data pipelines and teleoperation systems to help train general-purpose robots.
Why it matters
This highlights the massive investor appetite for physical AI and robotics infrastructure, signaling a shift from software-only AI to embodied intelligence.
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.
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