Paril Jain

Kyle Vogt announced his new robotics company, The Bot Company, focused on robots that do household chores, which had raised $150 million from investors including Nat Friedman, Daniel Gross, Spark CapitalSpark CapitalSpark Capital is a U.S. venture capital firm founded in Boston in 2005, with offices in San Francisco, New York and Boston. Its early-stage and growth funds back technology businesses across fintech, enterprise software, AI and consumer products. Investments have included Twitter, Tumblr, Oculus, Plaid and Anthropic.Open the full entry general partner Nabeel Hyatt, Patrick CollisonPatrick CollisonPatrick Collison is an entrepreneur who grew up in Ireland. In 2010 he cofounded the payments and financial infrastructure company Stripe with his brother John Collison and serves as its chief executive; he is also a cofounder of the biomedical research organization Arc Institute and has been a director of Meta since 2025.Open the full entry, John Collison, and Quiet Capital. Jain, Vogt, and former Cruise software engineer Luke Holoubek are the company’s co-founders. Vogt wrote on X: “We’re building bots that do chores so you don’t have to.”⁠[1][1][1][1][1]

In March 2025, unnamed people familiar with the matter said The Bot Company had raised a new $150 million round led by GreenoaksGreenoaksGreenoaks is an American investment firm co-founded by Neil Mehta in 2012 and known for concentrated, long-term investing; it made an early, large bet on the Korean e-commerce company Coupang and has invested in companies including Wiz, Stripe, Databricks, and Anthropic. In May 2026, it co-led Anthropic’s $65 billion Series H funding round with Altimeter Capital, Dragoneer, and Sequoia Capital.Open the full entry, less than a year after the company’s public launch; the company did not publicly confirm it in the sources available.⁠[2][2]

At the Runway AIRunwayRunway (Runway AI, Inc.) is a New York–based artificial intelligence company that grew out of the ITP program at New York University’s Tisch School of the Arts in 2018. It develops video generation models and tools for the film, advertising and creative industries, has released the Gen-1 through Gen-4.5 series of models, and has extended its research to “general world models” that simulate the world in real time.Open the full entry Summit in San Francisco, Jain, as co-founder and CTO of The Bot Company, spoke with Physical Intelligence co-founder Quan VuongQuan VuongQuan Vuong is a robot learning researcher and one of the co-founders of Physical Intelligence, a robotics foundation model company. He previously did robotics research at Google, contributed to the development of robotics transformer models including RT-1 and RT-2, and, with Pannag Sanketi, published under their bylines the cross-robot dataset Open X-Embodiment.Open the full entry in the session “The State of General-Purpose Robotics,” discussing the different paths the field is taking toward general-purpose robotics.⁠[3][3][3][3]

As of October 2026, The Bot Company describes its goal as building a helpful robot for every home, with a San Francisco–based team of engineers, designers, and operators who come from companies including Tesla, Cruise, OpenAI, Google, and Pixar; its backers include Greenoaks, NFDG, Spark, Eclipse, Kleiner Perkins, and Y Combinator.⁠[4][4][4]

The Bot Company: Official website: https://www.bot.co/ (opens in a new window).⁠[4]