On January 7th, 2018 at 5pm PST during CES UNVEILED, Foldimate will be showing their improved design for the first time and officially opening Early Pre-Orders.
The German appliance manufacturing giant BSH is in the early stages of partnering with Israeli laundry folding robot designer Foldimate on product development and manufacturing in the latest volley in the battle to bring a commercially viable laundry folding robot to market.
Seven Dreamers is working with Panasonic on the Laundroid — which aims to bring its own vision of a laundry folding machine to the masses.
Laundroid is backed by roughly $90 million in capital from funds affiliated with the Henry Kravis and George Roberts, two of the founders of the gargantuan private equity investment firm KKR, Laundroid is clearly the better-funded device — but the partnership with BSH will go a long way toward leveling the playing field.
Foldimate has $3 million in angel investment.
Foldimate was aiming for a price point of around $850 as of last May, while Laundroid is already retailing at $14,000 in Japan and has a targeted price of $2000.
Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.