Laundroid was a laundry-folding machine and home robot, used to automatically wash, dry, iron, sort and fold clothes to a dedicated closet.
It was dubbed to be the world's first laundry folding robot,[1] and was planned to go on sale in Japan first, and subsequently, in a limited number, in the United States.
Its image-recognition system and robotic arms took 3 to 10 minutes to pick and fold each item, or overnight for a load of laundry.
[citation needed] The Laundroid was first introduced and demonstrated at the 2015 CEATEC consumer electronics show in Tokyo, Japan.
In November 2016, Seven Dreamers announced it has secured an extra $60 million in Series B Funding led by Panasonic Corp., Daiwa House Industry Co., and SBI Investment Co.[2] The first machines would only be able to fold the clothes for the closet, but the final product – full wash, dry and fold system – was planned to be released in 2019.