Encord raises $60M Series C to scale AI-native data infrastructure for physical AI

Evidence notes
- Series C round; funding to scale AI-native data infrastructure for physical AI
- Investors: Wellington Management, Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital, Isomer Capital
- Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures participated as existing investors
Company context
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.