XDOF Hits B Round at $1.2B Valuation Just Three Months After Stealth Launch

XDOF Hits B Round at $1.2B Valuation Just Three Months After Stealth Launch

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News Editor
2026-09-05 15:39:32
XDOF, a robotics startup collecting real-world teleoperation data to train general-purpose robots, is in late-stage B-round negotiations at a valuation of around $1.2 billion, led by 8VC. The company, which emerged from stealth less than three months ago, has annualized revenue nearing $50 million, attracting multiple VCs. It previously raised $70 million in Series A from Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. Terms are not finalized and the exact amount remains undisclosed.

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.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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