Laundroid Laundry-Folding Robot Maker Raises $60M

Seven Dreamers Laboratories, a startup specializing in the development in AI, robotics, and healthcare devices, has raised $60 million.


Remember the Laundroid laundry-folding robot that wowed the crowd at CES 2016? Well, things couldn’t be better for Seven Dreamers Laboratories, the startup behind Laundroid.

The company will be returning to the CES Robotics Marketplace, which is produced by Robotics Trends, with an extra $60 million in Series B Funding in its pockets. Panasonic Corp., Daiwa House Industry Co., and SBI Investment Co. led the investment.

In a press release announcing the funding, Seven Dreamers said that it is “a group of technologists creating what the world has never seen” and that it’s “developing and marketing products that are the first in the world.”

One of those products is the Laundroid laundry-folding robot that uses two robotic arms that pull items of clothing from a drawer beneath the robot and hold them up so a camera can distinguish between, say, a T-shirt and a blouse. They then fold the clothing according to a preset pattern. Laundroid’s image-recognition system and robotic arms currently take three to 10 minutes to pick and fold each item, or overnight for a load of laundry.

By 2020, Laundroid could even put clothes back in a closet, a spokesman told Robotics Trends at CES 2016. Researchers at the EU’s Clothing Perception and Manipulation project, the University of California, Berkeley, and FoldiMate Inc. are among those also working on laundry-folding robots. Manipulating a variety of soft objects has been a challenge, but robots could soon relieve us of that chore.

If you’re going to CES and you’re sick of doing laundry, stop by the CES Robotics Marketplace (Sands, Level 2, Halls A-D) to see Seven Dreamers’ Laundroid in action.

Seven Dreamers also has a golf club business and makes a disposal nasal insertion snoring and sleep apnea treatment device.



Comments

Steve Crowe · November 21, 2016 · 9:36 am

Haha, OK. Can you elaborate a bit? What aren’t you buying into, the whole idea of a laundry-folding robot?

dw · November 18, 2016 · 3:36 pm

I THINK THIS IS BULL


dw · November 18, 2016 at 3:36 pm

I THINK THIS IS BULL

Steve Crowe · November 21, 2016 at 9:36 am

Haha, OK. Can you elaborate a bit? What aren’t you buying into, the whole idea of a laundry-folding robot?


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