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Article: Humanoid maker Sunday reaches $1.15 billion valuation to build household robots

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Robotics startup Sunday has achieved a $1.15 billion "unicorn" valuation after raising a $165 million Series B funding round led by Coatue Management. The company, which recently emerged from stealth, is developing a household humanoid robot named Memo designed to assist with domestic chores.

The long-standing challenge in creating such robots has been a lack of training data to teach them to reliably handle diverse household objects. Advances in AI are now enabling a new wave of companies, including Sunday, to pursue this goal.

The main topics covered are Sunday's funding and valuation, its product (the Memo robot), and the historical and technological context of the humanoid robotics field.

Original URL

https://techcrunch.com/2026/03/12/humanoid-maker-sunday-reaches-1-15-billion-valuation-to-build-household-robots/

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TechCrunch

Published Date

2026-03-12 17:04

Fetched Date

2026-03-12 14:30

Processed Date

2026-03-12 14:33

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Present

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Robotics company Sunday has raised a new funding round that has valued the company at unicorn status, meaning over $1 billion, it announced on Thursday.
Sunday says it has raised a $165 million a $1.15 billion valuation in a Series B round led by Coatue Management. Other investors in the round include Tiger Global, Benchmark, and Bain Capital Ventures.
The company emerged from stealth late last year and already has 1,000 people on its waitlist, Bloomberg reports.
Sunday, founded by Tony Zhao and Cheng Chi, is on a quest to build a household humanoid called Memo that helps with tasks like laundry and clearing the table.
Experts have been trying for decades to build a robot like this — a type of Rosie from “The Jetsons” — but have come up short time and again, in large part because of a lack of training data to teach robots how to reliably grasp objects of differing weights, textures and fragility (think: towels versus wine glasses). As AI technology continues to advance, a new slew of robotic technologies is hitting the market, hoping to once again bring the humanoid helper to life.