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The Bot Company, a startup founded by Kyle Vogt, former CEO of Cruise, is set to raise $250 million in a funding round, valuing the company at over $4 billion. The company is working on robots that can perform household chores, and the new financing comes amid a surge in venture capital investment in robotics companies. The Bot Company's previous funding round in the spring valued the company at $2 billion, and the new valuation doubles that amount.

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