The Bot Company, helmed by ex-Cruise CEO Kyle Vogt, has secured a jaw-dropping $194 million in fresh funding—pushing its valuation to an eye-popping $2.5 billion, despite not having released a single product. The round, led by VC heavyweight Greenoaks, builds on earlier investment from Spark Capital and tech luminary Nat Friedman.

Let that sink in: a sub-one-year-old company with zero revenue is already valued like a mid-size unicorn. Why? Because everyone sees the same future we do—one where smart, capable robots are a staple in homes, not just labs or factories.