RIP Laundroid: Company behind $1000 laundry-folding bot has filed for bankruptcy

RIP Laundroid: Company behind $1000 laundry-folding bot that promised to automate the loathed chore has filed for bankruptcy Makers of Laundroid, a laundry folding and sorting robot, filed for bankruptcy The company, Seven Dreamers, still owes $21 million to 200 creditors  Despite a clear market, Laundroid was never able to deliver on all of its promises One other competitor in the race to laundry folding robots is still active  

By James Pero For Dailymail.com

Published: 22:34 BST, 23 April 2019 | Updated: 22:36 BST, 23 April 2019

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Dreams of dishing laundry duty to an in-house robot just got a little less hopeful after the company behind the automated assistant, Laundroid, filed for bankruptcy - effectively putting its bot to bed.

According to Engadget, the company Seven Dreamers, which has worked to bring Laundroid to market since 2014, still owes 200 creditors about $20 million after its bankruptcy filing in Japan on April 23.

In its Consumer Electronic Show (CES) debut in 2017, Seven Dreamers offered up what they purported would be an all-in-one laundry-folding and sorting machine that was able to take laundry, fold it, and in some cases organize it by color or owner and then deliver the final product to its wielder. 

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The days of laundry folding robots got a little less hopeful after the makers of folding and sorting assistant Laundroid filed for bankruptcy.

The days of laundry folding robots got a little less hopeful after the makers of folding and sorting assistant Laundroid filed for bankruptcy. 

HOW DID LAUNDROID WORK? 

Users were meant to load the machine with clean dry clothes while a robot arm inside folds and sorts them. 

Operating

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