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

CN
CitrixNews Staff
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XDOF, just three 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, a startup that collects real-world teleoperation data for training general-purpose robots, is in late-stage talks to raise a Series B at a valuation of about $1.2 billion valuation led by 8VC, several people with knowledge of the deal said.

XDOF was co-founded by UC Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO) in 2024. TechCrunch reported on the startup’s $70 million Series A in June, with participation from Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. XDOF wasn’t planning to raise again so soon after that round. But the company’s rapid growth — with annualized revenue approaching $50 million — prompted VCs to approach it about a new round, the people said.

Originally reported by TechCrunch. Read the full story at the original source.