Encord
Encord developed a data development platform for physical AI covering management, curation, model evaluation and annotation of training data, scaling from 1 to 5 petabytes in one year with clients including Woven by Toyota, Zipline and Skydio.
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Podcast Episode
🎙️ Deep Dive
Daily News – 27 February 2026
Listen to the episodeAbout Encord
Encord is a London startup founded in 2021 (formerly Cord Technologies Inc.) by Ulrik Stig Hansen and Eric Landau with Y Combinator backing. The company built the data infrastructure platform for physical AI: a modular system automating the four critical phases of dataset creation for AI models governing robots, drones and autonomous vehicles — data management, curation, model evaluation and annotation. Data on the platform grew from 1 to 5 petabytes in one year and physical AI customer revenue increased 10x. Clients include Woven by Toyota, Zipline, Skydio, AXA Financial and Maxar. In February 2026 it raised $60M in a Series C led by Wellington Management, bringing total raised to $110M at a $550M valuation.
Market & Clients
Key Customers
Companies developing physical AI systems — robots, drones, autonomous vehicles — that need high-quality training datasets.
Geographic Presence
Funding & Investors
Funding Rounds
- 2026 - Series C: €55M
Key Investors
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