Kyle Vogt, former CEO of autonomous vehicle Cruise, secured $150 million in a funding round for his robotics startups, The Bot Company, valuing the firm at $2 billion, according to media reports.
The Bot Company is currently engaged in the development of AI-powered robotic systems designed to provide assistance with domestic responsibilities. While the organization has yet to introduce commercially available products or generate revenue, its pioneering methodology in the areas of automation and robotics has attracted considerable interest.
From Cruise to AI-Powered Robotics
With goal of revolutionizing household automation and addressing the challenges of mundane, repetitive tasks that consume people's time, its founder, Kyle Vogt, who previously served as the CEO of Cruise, an au
The Bot Company Raises $150M for AI-Powered Helpers
- By Upasana Banerjee
- Published on
This new venture comes a few months after Kyle resigned from the position of a co-founder and CEO of the popular autonomous vehicle company Cruise
