XDOF Valued at $12B after Rapid Growth and B-Round Funding

XDOF, a startup founded by researchers from the University of California, Berkeley, has made significant strides in just three months since its emergence from stealth mode.

The company specializes in collecting real-world remote control data to train general-purpose robots and is now in talks for its B-round funding with an estimated value of $12 billion. 8VC will lead the round, according to multiple sources familiar with the matter.

XDOF's rapid growth has caught investors off guard, with year-over-year revenue nearing $50 million. The company had initially planned not to raise capital so soon after its A-round funding, but the influx of interest from various VC firms forced them to consider a new round.