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Menlo Ventures backs companies that are reimagining the way we live and work, and portfolio companies include Abnormal Security, Benchling, Carta, Chime, Rover, Siri, and Uber.

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Robot AI training data startup Mecka AI completes $60 million funding round, led by Framework Ventures

Mecka AI, a startup specializing in robot AI training data, has announced the completion of a total of $60 million in funding. This includes a $25 million Series A round in November last year and a subsequent $35 million top-up investment. Both rounds were led by Framework Ventures, with participation from Menlo Ventures, SV Angel, and other investors.Founded in 2025, the company currently employs around 40 people. It leverages sensors, smartphones, and custom hardware to collect human motion data—such as gestures and gait—for robot training. Differentiating itself from traditional teleoperation-based training methods, this approach enhances robots' ability to adapt to real-world environments. The company currently has a strong order backlog and an estimated annualized revenue run rate that could reach $100 million.Investors noted that Mecka AI is one of the fastest-growing companies in their portfolio by revenue. Going forward, the company plans to extend its business chain into robot model training and deployment, accelerating the commercialization of related technologies. (Fortune)

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OpenRouter Completes $113 Million Series B Funding Round Led by CapitalG

OpenRouter, an AI model aggregation platform founded by OpenSea co-founder Alex Atallah, has announced the completion of a $113 million Series B funding round, led by CapitalG, the growth fund under Alphabet, Google's parent company.Other participants in this funding round include a16z, Menlo Ventures, NVentures (affiliated with NVIDIA), as well as ServiceNow, MongoDB, Snowflake, and Databricks. The company's valuation has now exceeded $1 billion.

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