Huo Xing Cai Jing reports that on September 5, according to multiple sources, XDOF—a startup specializing in collecting real-world remote-control data to train general-purpose robots—has entered the late stages of its Series B funding round, less than three months after emerging from stealth mode. The company is expected to be valued at approximately $1.2 billion, with the round led by 8VC. XDOF was co-founded in 2024 by UC Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO). The company previously completed a $70 million Series A round, with investors including Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. XDOF had not originally planned to raise another round so soon after its Series A, but sources say rapid business growth—annualized revenue nearing $50 million—has prompted multiple venture capital firms to initiate contact and push for this new round. TechCrunch was unable to confirm the exact amount of this round or whether the $1.2 billion valuation includes the new funding. Sources indicate that final terms have not yet been settled and may still change.
XDOF Enters B-Round Negotiations with a $1.2 Billion Valuation Three Months After Launch
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XDOF, a real-world assets (RWA) news-linked startup focused on collecting teleoperation data for generalist robots, is in late-stage B-round negotiations with a $1.2 billion valuation. Founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu, the company raised $70 million in Series A funding from leading venture capital firms. 8VC is leading the B-round. With annualized revenue nearing $50 million, XDOF’s growth has attracted new investment interest, even as inflation data remains a key macroeconomic concern for investors.
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