XDOF, just 3 months out of stealth, is in talks for a Series B at a $1.2B valuation

Less than three months after emerging from stealth, XDOF is in late-stage talks to raise a Series B funding round at a valuation of approximately $1.2 billion, led by 8VC. The startup was co-founded in 2024 by UC Berkeley researchers Philipp Wu and Fred Shentu. Despite raising $70 million in a Series A round this past June, the company's rapid growth—with annualized revenue nearing $50 million—has attracted significant investor interest. XDOF aims to provide the data pipelines, collection tools, and annotation systems that AI labs and robotics companies struggle to build internally, effectively serving as an outsourced data-supply chain for the robotics industry. The company's foundation lies in "GELLO," a low-cost teleoperation system that allows human operators to control robotic arms to generate training data. Investors now view XDOF as the "Scale AI" for physical robotics, addressing the critical lack of real-world datasets required to train autonomous machines.