HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Mecka AI raises $60 million for robot training data

Created at 1 Jun · 11:26 AM1 source↑ Market-relevant
IN SHORT

Mecka AI has secured $60 million in funding to train robots using human motion data collected from body sensors and iPhones. The company aims to be a first mover in embodied AI data for robotics, with investors including Framework Ventures, Menlo Ventures, and SV Angel.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

$60 milliontotal funding raised by Mecka AI
$25 millionSeries A round amount
$35 millionfollow-on investment amount
$100 millionprojected annual run rate
40Mecka AI employees

Who's Involved

Mecka AI
Startup focused on training robots with human data
Josh Gao
Co-founder and CEO of Mecka AI
Framework Ventures
Venture capital firm that led the funding rounds
Menlo Ventures
Investor participating in the funding rounds
SV Angel
Investor participating in the funding rounds
Kindred Ventures
Investor participating in the funding rounds
Ted Xiao
Angel investor and former Google DeepMind researcher

↳ Why This Matters

The development of artificial intelligence for robotics is a rapidly growing field, with companies seeking innovative ways to train machines for real-world tasks. Mecka AI's approach of using human motion data collected from sensors and personal devices aims to create more capable and adaptable robots, potentially accelerating their deployment across various industries.

Key facts

  • Mecka AI raised $60 million across two funding rounds.
  • The company uses human motion data from body sensors and iPhones to train robots.
  • Framework Ventures led the funding rounds.
  • Mecka AI projects an annual run rate of $100 million based on signed contracts.

The development of artificial intelligence for robotics is a rapidly growing field, with companies seeking innovative ways to train machines for real-world tasks. Mecka AI's approach of using human motion data collected from sensors and personal devices aims to create more capable and adaptable robots, potentially accelerating their deployment across various industries.

Frequently asked questions

Mecka AI collects human motion data using body sensors and iPhones to train robots, aiming to create more intelligent and physically capable machines.

The company has raised a total of $60 million across two funding rounds, including a $25 million Series A and a $35 million follow-on investment.

Framework Ventures led the funding rounds, with participation from Menlo Ventures, SV Angel, Kindred Ventures, and angel investor Ted Xiao.

Based on signed contracts, Mecka AI projects an annual run rate of $100 million.

What Happens Next

01Mecka AI plans to integrate and train robotics models for its clients.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

1 Jun · 11:00 AM
Mecka AI has raised $60 million to train robots using human motion data captured via body sensors and iPhones.
Fortune via PiQSuite

Sources

T1
Mecka AI raises $60 million to train robots with human data sourced from body sensors and iPhonesm.piqsuite.com

Related Stories

Startup General Intuition aims for robotics' 'ChatGPT moment' with foundation models
8 Jul · 7:40 PM
Meta's AI glasses privacy safeguards clash with broader data collection strategy
8 Jul · 5:35 PM
AI Startups Report Accelerating Revenue Growth
8 Jul · 4:05 PM
BofA extends $520 million credit line to OpenAI ahead of IPO
8 Jul · 4:59 PM
Lovable in talks to double valuation to $13.2B on $300M funding round
8 Jul · 11:20 PM