Since late 2017, we’ve been searching for external partners to support our future. Together with Bosch, we pursued many options for additional financial investment and long-term technology development. Unfortunately, we were unable to reach an agreement with any of the many dozens of companies we talked to. Sadly, this means that Mayfield Robotics will cease all operations by October 31st, 2018.
Our team is beyond disappointed. Together we’ve spent the past four years designing and building not just Kuri, but also an equally incredible company culture and spirit. Given this news, we’re now doing everything we can to support our team. To help to make this transition as smooth as possible, Bosch will help with severance packages and outplacement services, and our team has the option to apply to open positions at Bosch.
When we began this adventure in 2015, we knew our goals were ambitious, and we knew that home robots were still just an idea that we would have to shape. We’re proud of the work we’ve done, and the adorable robot we’ve made. We only wish we could have shipped many more of them to homes and families. The work has certainly inspired all of us, and now we’ll have to wait and see what we all make next.