February 2026 INFRASTRUCTURE SOFTWARE Encord secures $60M Series C to scale AI-Native data infrastructure as physical AI hits inflection point Wellington Management-Led Round brings Encord’s total funding to $110M as company sees physical AI revenue grow 10x in last twelve months. Encord, the data infrastructure company for physical AI, today announced a $60 million Series C led by Wellington Management, bringing the company’s total funding to $110 million. Existing investors Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures also participated in the round alongside new investors Bright Pixel Capital and Isomer Capital. The investment will help Encord scale its AI-native data infrastructure platform, which helps AI teams manage, curate, annotate, and align the multimodal data that physical AI systems depend on, including audio, video, images, sensor data, 3D point clouds and other formats that legacy data platforms weren't built to handle. Encord works with over 300 AI teams...
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