PANews, September 12: According to TechCrunch, two sources familiar with the matter revealed that Mecka AI, a startup focused on collecting and analyzing human motion data to train humanoid and other robotic systems, is nearing the completion of a new funding round led by Sequoia Capital, with a valuation of approximately $500 million. The exact amount of this round has not been disclosed, and final terms have not been settled. This funding round comes just three months after Mecka’s previous round, which was led by Framework Ventures, with participation from Menlo Ventures, SV Angel, and Kindred Ventures, raising $60 million.
Mecka AI is nearing the completion of a $500 million funding round led by Sequoia Capital.
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Summary
Mecka AI is in final negotiations for a $500 million funding round led by Sequoia Capital. The startup, which specializes in motion data for AI robotics, is valued at approximately $500 million. Terms remain unconfirmed. This follows a $60 million raise in June from Framework Ventures and others. The funding news underscores continued interest in the AI and crypto sectors.
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