The company behind Laundroid files for bankruptcy

TechCrunch | 4/23/2019 | Staff
dorkyrocker (Posted by) Level 3
Click For Photo: https://techcrunch.com/wp-content/uploads/2019/04/laundroid.jpg?w=577

At the end of the day, Laundroid amounted to little more than a fun show demo. The device was a bit silly and prohibitively large and expensive for most to consider actually purchasing. All in all, it was a lot of work for the relatively simple task of folding laundry.

Seven Dreamers, which has been a staple at trade shows in recent years, has filed for bankruptcy in Japan. No official word yet on whether the dream is fully dead, but things certainly look bleak for the company, which has racked up in the roughly $22 million in debt as it’s struggled to actually ship...
(Excerpt) Read more at: TechCrunch
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