Humanoid maker Sunday reaches $1.15 billion valuation to build household robots
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Robotics company Sunday has achieved a $1.15 billion valuation after raising $165 million in a Series B funding round led by Coatue Management. Other investors include Tiger Global, Benchmark, and Bain Capital Ventures. Founded by Tony Zhao and Cheng Chi, Sunday aims to develop a household humanoid robot named Memo to assist with tasks like laundry. The company has garnered significant interest, with 1,000 people on its waitlist, as advancements in AI technology pave the way for new robotic innovations.
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