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Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data

CN
CitrixNews Staff
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Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data

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.

Originally reported by TechCrunch. Read the full story at the original source.