Overdrive and Cozmo outfit ANKI shutting up shop

Cozmo – clever and cute

Anki, the robotics outfit behind Cozmo and Anki Overdrive is laying off all staff and shutting up shop is what we’re hearing from Recode. In a meeting yesterday, Boris Sofman their CEO told staff that all jobs would be terminated on Wednesday and with a loss of 200 employees.

Apple Developers conference

The company had been scrambling frantically to find more money when a new round of financing fell through at the last minute. We’ve spent many hours hands-on with their products, showcasing them at Apple stores across the UK and other retail outfits, always to such a favourable response from consumers.

Anki Overdrive

Recent years have seen Anki try a move with their AI tech into a home robotics company with Vector and despite announcing revenues last year of $100mn it appears they’ll be looking to sell their tech to an existing outfit such as Microsoft or Comcast.

Vector – taking Anki into home robotics
Anki moved into licensing with the biggest film franchise they could find – Fast and Furious

Current mood @Toyology = Gutted


About Peter Jenkinson

Peter Jenkinson
Toyologist Pete Jenkinson regularly writes about toys in national newspapers like The Sun and The Mail. This super-dad has an unmatched passion and dedication for trying and testing the latest, coolest and most interesting offerings from the world of toys.

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