BlockBeats report: On September 5, according to multiple sources, XDOF, a startup specializing in collecting real-world remote-control data to train general-purpose robots, is in the late stages of its Series B funding round, with an expected valuation of approximately $1.2 billion. The round is led by 8VC.
XDOF was co-founded in 2024 by University of California, Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO). The company previously completed a $70 million Series A funding round, with investors including Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. XDOF had not originally planned to raise additional funding so soon after its Series A, but according to insiders, the company’s rapid business growth—annualized revenue now nearing $50 million—has attracted proactive interest from multiple venture capital firms, driving the new funding round.
TechCrunch was unable to determine the specific amount of this funding round or confirm whether the aforementioned $1.2 billion valuation includes the new investment. Sources familiar with the matter said that the terms of the deal have not yet been finalized and could still change.