Kyle Vogt, former CEO of self-driving car firm Cruise, has raised $150 million in new funding for The Bot Company, his robotics startup, now valued at $2 billion, according to sources. The round was led by Greenoaks, following earlier investment from Spark Capital and former GitHub CEO Nat Friedman.
Founded less than a year ago, The Bot Company is developing hardware and AI-driven robotics software capable of learning and adapting to new tasks. While the company has yet to launch a product, investors are betting on its vision of large language model-integrated robots, a space increasingly drawing attention as AI transforms how machines interact with the physical world.
