Encord raises €50M to build the data layer for physical AI
AI Summary1 min read
TL;DR
London startup Encord raised €50M in Series C funding led by Wellington Management to develop data infrastructure for physical AI, bringing total funding to €93M.
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London-based data infrastructure startup Encord has closed a €50 million ($60 million) Series C funding round, led by Wellington Management, with participation from existing backers including Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures, alongside new investors Bright Pixel Capital and Isomer Capital. The round brings total capital raised to about €93 million […]
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