London-based Encord secured €50 million Series C led by Wellington Management, bringing total fundin...
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Encord's funding validates the structural shift toward specialized data infrastructure as a prerequisite for the transition from physical AI pilots to production-scale robotics.
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London-based Encord secured €50 million Series C led by Wellington Management, bringing total funding to €93 million as physical AI systems transition from pilots to production. With 10x revenue growth in physical AI customers and platform data surging from 1 to 5 petabytes in just 12 months, the funding signals a critical inflection point: the bottleneck for physical AI is not model size but data readiness. As 400 million AI robots are projected to come online in the next four years and the physical AI market approaches €25 billion, the infrastructure layer for multimodal data is becoming a decisive competitive advantage for robotics, drones, and autonomous vehicles.
