Scott LaValley, the founder of Cartwheel Robotics, has announced the company's closure after four years of operation. Despite achieving viral success with their Yogi humanoid robot, the company struggled to secure necessary funding, which LaValley referred to as the "oxygen" for sustaining the business. The decision to shut down comes as a disappointment to those who followed the innovative developments at Cartwheel Robotics, highlighting the challenges faced by startups in the tech industry, particularly in securing investment to support growth and expansion.
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Original from HumanoidsDaily: Cartwheel Robotics Shuts Down, Joining the Humanoid Startup "Valley of Death"
Cartwheel Robotics Shuts Down, Joining the Humanoid Startup "Valley of Death"
RobotToday Initiative
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
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Rotaku (humanoid robotics; limited public info)
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