Encord raised $60M Series C led by Wellington Management to scale AI-native data infrastructure for...
The AMW Read
Encord updates the Data Infrastructure player map with a significant Series C that validates the specialized data-prep requirement for the scaling of physical AI (Robotics/AV).
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Data Infra · Player Map
Encord raised $60M Series C led by Wellington Management to scale AI-native data infrastructure for physical AI, bringing total funding to $110M. The platform's managed data volume grew 5x to over 5 petabytes in 12 months - surpassing the dataset size used to train GPT-4 - while revenue from physical AI customers increased 10x. This funding signals a critical infrastructure bet as physical AI deployments in autonomous vehicles, robotics, and drones accelerate from experimentation to production at scale.
