Mecka AI could be valued at about $500 million in a Sequoia-led round
Startup Mecka AI, which collects and analyzes data on human movements to train humanoid robots and other robotic systems, is nearing a new funding round led by Sequoia Capital. The company’s valuation in the deal could be about $500 million, TechCrunch reports, citing two people familiar with the deal.
The publication was unable to establish the exact size of the new round. The financing terms have not yet been finalized and may change. Mecka AI did not respond to a request for comment, while Sequoia Capital declined to comment on the information.
Funding after the $60 million round
The new round is being prepared about three months after Mecka AI announced that it had raised $60 million. That round was led by Framework Ventures, with Menlo Ventures, SV Angel and Kindred Ventures among the participants.
More current news is available on the UA.News Telegram channel Telegram.
The company was founded in 2024 by four entrepreneurs: Canadians Josh Gao and Mogen Chen, who had previously created a fintech startup for the restaurant industry; Jason Chong, who joined Coinbase after it acquired his cryptocurrency exchange; and Duy Nguyen, who is responsible for Mecka’s operations.
Data on everyday actions
Mecka AI’s founders had no robotics experience, but saw a shortage of physical-world data for building universal robots, including humanoids. The startup pays people to record themselves performing everyday tasks — such as making coffee or repairing cars — using body-worn sensors and smartphones.
In early June, Josh Gao told Fortune that the company expected to end 2026 with an annualized revenue run rate of $100 million. Mecka AI has not disclosed its client list. Among other companies collecting physical data to train robots, TechCrunch names XDOF, as well as human activity data platforms Scale AI and Micro1.
