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Afternoon Brief · October 31st 2026

Sebastian Thrun's Dulo raises a $130 million seed to build foundation models for hardware design

Dulo, the San Francisco startup founded by Sebastian Thrun and Adrian Aoun, has raised $130 million in seed funding from investors including Eric Schmidt, John Doerr and DST Global, The Information reported Friday. Aoun describes the goal as "building foundation models for hardware design": automating engineering design and validation, and leaving manufacturing to others. Thrun, who led Stanford's AI lab and Google's self-driving project, first showed Dulo at the Actuate conference in August.

No valuation, lead investor, customers or product specifications have been disclosed. It joins &Truth's $70 million seed this week in a run of nine-figure first rounds for teams applying models to engineering work. SourcesBC

Sources

This story ran in the Afternoon Brief of October 31st 2026.