💨 Abstract

Kyle Vogt, former CEO of Cruise, has raised $150 million in a new funding round for his robotics startup The Bot Company, valuing it at $2 billion. The firm aims to create at-home robots to assist with daily tasks. The investment reflects growing interest in robotics, particularly those leveraging AI and spatial intelligence, with substantial funding and attention being attracted by startups in this sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖