Encord raises USD 30M Series B for AI data annotation platform

Aug 1, 2024 · Funding · Encord · Data Infrastructure

Encord raised USD 30 million in Series B funding for multimodal AI data development infrastructure.

Encord company media
Company media · Encord
  • The financing supported data curation, annotation and model evaluation tools.
  • Encord serves physical AI and computer vision teams working with video, images, sensor data and 3D point clouds.
  • The capital supports robot sensing, actuation, compute or communications systems as Encord moves toward broader commercial use.

Data infrastructure company for physical AI, providing a universal data layer for multimodal datasets (e.g., video, LiDAR, telemetry) used in robotics, autonomy, and other real-world AI systems. Operates across London and San Francisco.