FoldiMate Named TiE50 Award Winner at TiEcon

FoldiMate, the inventor of the robotic laundry folder,  is excited to announce that it has been selected as a 2019 TiE50 Winner in the prestigious TiE50 Awards Program. This awards competition, now in its tenth year, is a program of TiEcon, the world’s largest conference for tech entrepreneurs. FoldiMate was selected from over 3000 submissions and recognized for its robotic laundry folder that will easily and quickly fold your laundry into neat piles ready to put away.

We are thrilled and honored to receive such a prestigious award. It is all about team work. We could never have built such a product, or a company without our exceptionally talented, hard-working team. 

“TiE50 has become a global brand and this year we screened entries from all over the world and from a very diverse set of industries including AI, autonomous vehicles, FinTech, sustainable textiles, medical devices, robotics, fuel cells, networking, healthcare, logistics and security. We screened and selected the TiE50 winners as recognition of the potential of the companies and innovation they are bringing to market. TiE50 program has gained notoriety over the past decade as a competition run with the highest level of integrity and vigorous screening and judging by domain experts,” said Kamal Anand, TiE50 Program Chair.

“For over 27 years as a not-for-profit organization dedicated to fostering entrepreneurship and with a global footprint of half million entrepreneurs, enterprise executives, and investment professionals, at TiE Silicon Valley we take pride in the fact that we have created TiE50, a strong 10-year-old brand for recognizing high potential startups,” said B.J. Arun, President, TiE Silicon Valley.

The TiE50 Awards will be presented to the winners during a ceremony at May 11th during TiEcon at Santa Clara Convention Center. For more information, please go to tieinflect.org

About FoldiMate

FoldiMate Inc. is a California based startup committed to simplifying household chores affordably through technology, innovation and robotics.  The company’s first robotic product, FoldiMate, will put an end to laundry folding as we know it.

About Tie50

Now celebrating its tenth year, TiE50 Awards provides a one-of-a-kind showcase for the world’s top technology and technology-enabled startups. TiE Silicon Valley’s premier annual awards program is keenly contested by thousands of early- to mid-stage startups of all sizes representing a wide range of verticals. Applications are rigorously reviewed by a panel of judges including venture capitalists, angels, successful entrepreneurs, and corporate executives. Since its inception, 84 percent of TiE50 winners and top startups have been funded at a total of over $1 billion. Many of these companies went on to acquisition or IPO with 29 of the exits at over $100 million.

About TiEcon

TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with participation from top technology companies, leading venture capital firms, and global service providers. Delegates range from CEOs of top companies to first-time entrepreneurs as well as corporate executives and investment professionals. TiEcon was listed as one of the 10 best conferences for ideas and entrepreneurship by Worth Magazine, along with TED and the World Economic Forum. TiEcon 2018 attracted 5,000 attendees from 22 countries. More information: TiEcon.org  

FoldiMate, the Robotic Laundry Folding Machine, Demos a Fully Functional Prototype at CES – PRESS RELEASE

The updated, newly-designed prototype is simpler to use as it automatically adapts based on clothing items

Continue reading “FoldiMate, the Robotic Laundry Folding Machine, Demos a Fully Functional Prototype at CES – PRESS RELEASE”

FoldiMate Will Reveal Video of Latest Prototype and an Interactive Mockup at IFA 2018 – PRESS RELEASE

FoldiMate Inc., the Inventors of the Robotic Laundry Folding Machine Will Reveal a Video of Their Latest Prototype and an Interactive Mockup at IFA 2018

Oak Park, CALIFORNIA – (September 6, 2018) – FoldiMate Inc. the creator of the robotic laundry folding machine for home and commercial use, is exhibiting its latest model at IFA, one of Europe’s largest trade shows for consumer electronics trade and home appliances. Attendees are welcome to visit FoldiMate’s booth #124 in Hall 26 between 31th August – 5th September 2018.

Continue reading “FoldiMate Will Reveal Video of Latest Prototype and an Interactive Mockup at IFA 2018 – PRESS RELEASE”

Improved Model Unveiling and Potential Partnership with BSH Home Appliances Group – Press Release

FoldiMate Inc., the Inventors of the Robotic Laundry Folding Machine Announced a Potential Partnership with BSH Home Appliances Group and Will Unveil an Improved Model During CES Las Vegas in Early January – Press Release

Oak Park, CALIFORNIA – (January 2, 2018) – FoldiMate Inc. the creator of a robotic laundry folding machine for home use, announced today that the company plans to unveil an improved model during CES Las Vegas in early January 2018, with technological advancements based on feedback they received from fans around the world. It is now simpler and faster, and has been completely redesigned so that it will suit any room. FoldiMate’s initial concept of its robotic laundry folding machine was shown for the first time to the public during CES 2017 and received strong interest both from the media and industry leaders.

Continue reading “Improved Model Unveiling and Potential Partnership with BSH Home Appliances Group – Press Release”

FoldiMate Startup Closes $3M Seed Round – Press Release

The company that is developing the robotic laundry folding machine has closed its seed round and announces a new board member

Oak Park, CALIFORNIA – (July 18, 2017) – FoldiMateTM Inc., the creator of a robotic laundry folding machine for home use, announced today the closing of $3M in seed round funding. The seed financing was completed by several investors who requested to remain undisclosed. The funding will primarily be used to develop and build additional prototypes during this part of our development stage. These prototypes are an essential part of the success of the final product which is currently planned for shipment late 2018, early 2019. Continue reading “FoldiMate Startup Closes $3M Seed Round – Press Release”

Our Washer and Dryer Has a New Laundry Folding Friend at CES 2017

FoldiMate Family™: The robotic machine that will fold your laundry simpler, quicker and like a pro

CALIFORNIA, USA, 27 December 2016 – One of the most hated household chores must be folding laundry.  If not, it certainly has the title of “most tedious”. Most of us own a dishwasher, a vacuum cleaner, a washing machine, a dryer and we can all agree that these technologies make our lives simpler, easier and more effective. Wouldn’t it be great to have a solution to folding laundry?

In the 21st century, time is precious, something we don’t take for granted. Laundry is a necessary chore that takes precious time away.  Clothes come out of your washer, go into your dryer, once dry, they’re stacked on a chair or couch and occasionally on half the bed. We’ve all been there, hoping someone would just make it disappear. We just prefer to be doing other things, like spending time with our family and friends. Well, the FoldiMate team heard those cries and created a solution.

Introducing the first practical and affordable laundry folding robot: FoldiMate Family™.

Continue reading “Our Washer and Dryer Has a New Laundry Folding Friend at CES 2017”