Encord

Investor: CRV, Wellington Management, N47, Isomer Capital, Crane Venture Partners, Y Combinator, Harpoon Ventures, Bright Pixel Capital

Investor: Wellington Management

Encord, a data infrastructure company for physical AI, has announced a $60 million (£44.3 million) Series C investment led by Wellington Management, bringing the company’s total funding to $110 million. Summary of transaction details: Value: £44.3 million Sector: DeepTech & AI Advisor: Not disclosed Key Entities: Encord, Wellington Management, Y Combinator, CRV Location: Not disclosed Note: This investment round demonstrates the growing interest in AI infrastructure and will likely enable Encord to further develop its physical AI capabilities, with the participation of existing investors and new investors highlighting the confidence in Encord’s technology.