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AI Startups: Ex-Cruise CEO’s Robot Startup Valued at $2 Billion With No Product | PYMNTS.com

Mar 25, 2025 - pymnts.com
Kyle Vogt, former CEO of Cruise, has raised $150 million for his new robotics startup, the Bot Company, which focuses on AI software and hardware for humanoid robots. The company, co-founded with Paril Jain and Luke Holoubek, is valued at $2 billion after the latest funding round led by Greenoaks. Despite not having released a product yet, the Bot Company is part of a growing trend in Silicon Valley where AI advancements are enabling robots to perform complex tasks. Other notable players in the field include Google DeepMind’s Gemini Robotics, Meta’s PARTNR, and Tesla’s Optimus.

Lila Sciences, a startup from Flagship Pioneering, has secured $200 million to develop a scientific superintelligence platform with fully autonomous labs for life, chemical, and materials sciences. The platform aims to revolutionize scientific experimentation by combining generative AI with scalable autonomous units. Meanwhile, Carbon Arc raised $56 million to create a real-time data exchange for AI model training, addressing the challenge of accessing high-quality structured data. Flock Safety, a crime-fighting AI startup, raised $275 million to expand its safety platform, which includes license plate readers and AI-powered video cameras, partnering with over 4,800 law enforcement agencies.

Key takeaways:

  • Kyle Vogt's new robotics startup, the Bot Company, has raised $150 million in its latest funding round, valuing it at $2 billion.
  • Lila Sciences has raised $200 million to develop a scientific superintelligence platform for autonomous labs in life, chemical, and materials sciences.
  • Carbon Arc has secured $56 million to create a real-time data exchange for AI model training, transforming raw data into structured formats.
  • Flock Safety has raised $275 million to enhance its crime-fighting platform, which includes AI-powered video cameras and drones.
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