Kyle Vogt, the founder of self-driving company Cruise, has co-founded a new venture backed robotics startup which focuses on household chores.
Vogt, who resigned as CEO at Cruise five months ago, said on X that his new company, the Bot Company, has already raised $150m in seed funding.
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The Bot company is being launched by Vogt, former Cruise software engineer Luke Boloubek, and former Tesla AI tech lead Paril Jain.
“So many things compete for our time — commutes, longer working hours, and the complexities of modern life,” Vogt wrote.
“Our team has spent years building robots (including the self-driving kind) that give people some of that time back, and we’re taking that a step further with this company,” he added.
Vogt, one of the early pioneers of self-driving technology, sold his autonomous driving company Cruise to General Motors in 2016. The two companies planned to create a leading fleet of robotaxis which could generate $50bn in annual revenue.
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By GlobalDataHowever, Vogt left the company five months ago after one of the autonomous cars hit a pedestrian. The company’s license was suspended in California, which led to the Cruise’s operations halting nationally.
Vogt has had an extremely successful career. In 2007, Vogt co-founded online broadcasting company Justin.tv, which later turned into Twitch bought by Amazon in 2014 for $970m.
According to GlobalData forecasts, the robotics industry was worth $63bn in 2022, and by 2030, it will have grown at a compound annual growth rate of 17% to $218bn.
