Dear Fans and Supporters,
Having a fully functional laundry folder this past year was no longer purely a dream. The prototype exceeded our original expectations in both performance and early field test results.
That’s why we have decided that instead of attending CES 2020, as we normally do, we will focus our efforts on further field tests (to validate the newly upgraded robotic algorithms). The results of these tests, together with the potential partnerships we’ve been working on lately (stay tuned 😉), should lead to more favorable terms as we approach potential investors to fund the costly manufacturing stage.
Like any startup, funding is a crucial resource needed for the survival and progress of the business. A few months ago, we were fortunate enough to successfully close a $638K bridge round, thanks to fans and supporters who believed in our vision and mission.
(Thanks again to you all 🙏, it means a lot and we don’t take it for granted!)
Despite best efforts and hard work, things don’t always go according to plan, especially when it comes to startups and new technology. The robotic folding solution we’ve developed shows great promise and positive market feedback, but the fundraising process and business development require a lot more time than planned.
This Christmas, FoldiMate will not be joining you (yet), but with a little more patience and a lot of conviction and persistence, FoldiMate will soon become an integral part of our daily life (at home and in businesses). We’ll keep you posted as we make progress.
Have a Merry Christmas,
P.S. Some of our update emails seem to be getting lost in the spam box; please make sure to add email@example.com and firstname.lastname@example.org to your address list. Or subscribe to our Blog.
Yes, it’s that time of the year again and we’re back with our traditional, post-CES update, however, before we share our CES news we would just like to thank all those who participated in the research interviews we ran in L.A. after CES, and for bringing their own laundry to fold.
Continue reading “CES 2019 and Product Update”
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”
Things are getting exciting at FoldiMate! For the very first time, we invited dozens of FoldiMate fans into our R&D lab to personally try out our new folding prototype.
Continue reading “FoldiMate Product Update – May 2018”
These are VERY exciting times for us, and we have some great new surprises coming very soon. Over the past 12 months, we might have seemed suspiciously quiet, but we’ve actually been working day and night on an improved model of FoldiMate.
On January 7th, 2018 at 5pm PST during CES UNVEILED, we will be showing our improved design for the first time and officially opening Early Pre-Orders.
YES, YOU WILL BE ABLE TO EARLY PRE-ORDER SOON.
Towards our big unveiling, we have taken down our website featuring the original model and created an awesome new one that we will launch during the event. But we couldn’t keep our true fans till then – so we’ve created a temporary website with a short video to give you a first glimpse of what is yet to come…⚡⚡⚡
Continue reading “Improved FoldiMate Model Coming Very Soon”
We have been receiving some questions regarding product updates from customers who have registered or paid a deposit for FoldiMate.
Please note that our timeline hasn’t changed from when we first announced FoldiMate and we have met, and are still meeting all our targets.
This post is to share some information with you and to explain our prototype and production plan. Continue reading “FoldiMate Product Update – January 2017”