This article was generated by AI and cites original sources.
Robotics startup Sunday has secured a $1.15 billion valuation after raising $165 million in a Series B funding round led by Coatue Management. Additional investors include Tiger Global, Benchmark, and Bain Capital Ventures. Founded by Tony Zhao and Cheng Chi, Sunday aims to create a household humanoid robot named Memo designed to assist with tasks like laundry and table clearing.
Building a robot like Memo, reminiscent of Rosie from ‘The Jetsons,’ has been a long-standing challenge due to the complexity of teaching robots how to handle objects with varying weights, textures, and fragility. As AI technology progresses, new robotic innovations are emerging in the market, renewing efforts to bring humanoid helpers to life.
Source: TechCrunch