Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data
What changed
Mecka AI, a startup that collects and analyzes human motion data to train humanoid robots and other robotics, is nearing a new round led by Sequoia Capital at a valuation of about $500 million, according to two people with knowledge of the deal. The new financing comes just three months after Mecka announced that it raised $60 million in a round led by Framework Ventures that included participation from Menlo Ventures, SV Angel, and Kindred Ventures. TechCrunch has not learned the precise size of the new round.
Why it matters
A concrete addition to Practical AI: Tools, Models & Frameworks: it changes what's available to builders today rather than being general commentary.
How it compares
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Sources
- Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data (techcrunch-ai)primary