Household Robot Maker Sunday Reaches $1.15B Valuation

Household Robot Maker Sunday Reaches $1.15B Valuation

Source: TechCrunch

Summary

Sunday, a company that emerged from stealth in late 2022, is developing a household humanoid robot called Memo. The robot is designed to assist with tasks such as laundry and clearing the table. Sunday has reportedly garnered a waitlist of 1,000 people interested in the product.


Our Reading

The launch follows a familiar script.

Sunday’s Memo robot promises to take care of household chores, because apparently, we’ve all been waiting for a robot to do our laundry and clear the table. The company has a waitlist of 1,000 people, which is impressive, but not entirely surprising given the eternal promise of robots making our lives easier. The question is, how many times have we seen this movie before? Sunday’s Memo is just the latest iteration of a decades-old dream.


Author: Evan Null