Robotics startup that made cute toy Cozmo shuts down
San Francisco-based Anki says it’s laying off its employees on Wednesday after failing to raise enough money to keep the business going.
— [❄]안녕 코즈모! (@CozmoHi) April 30, 2019
The company said last year it’s sold more than 1.5 million products, including the car-racing game Overdrive and Cozmo, a playful robotic pet. Anki introduced its newest robot, Vector, last year.
It’s one of several high-profile makers of consumer robots to fold in the past year. Boston-based Jibo shut down less than a year after its squat, talking speaker made the cover of Time Magazine. California-based Mayfield Robotics also last year canceled Kuri, a roving home robot.