According to multiple sources cited by BlockBeats, on September 5, XDOF, a startup specializing in collecting real-world teleoperation data to train general-purpose robots, is in late-stage negotiations for a Series B funding round, with an estimated valuation of approximately $1.2 billion. The round is led by 8VC.
Company Background and Earlier Funding
XDOF was founded in 2024 by UC Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO). The company had previously completed a $70 million Series A round backed by Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. XDOF had not planned to raise again so soon after its Series A, but sources say its business has grown rapidly, with annualized revenue nearing $50 million, which prompted several venture capital firms to proactively approach and push for a new round.
Deal Uncertainty
TechCrunch was unable to learn the exact amount raised in this round, nor could it confirm whether the $1.2 billion valuation includes the new funding. Sources indicated that the terms are not yet finalized and could still change.

