Robotics Startup Sunday Reaches $1.15 Billion Valuation

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Robotics company Sunday has raised $165 million in a Series B funding round, reaching a $1.15 billion valuation. The round was led by Coatue Management, with participation from Tiger Global, Benchmark, and Bain Capital Ventures. Sunday, founded by Tony Zhao and Cheng Chi, is developing a household humanoid robot called Memo to help with tasks like laundry and clearing the table.

Why it matters

The development of household humanoid robots has been a long-standing challenge for the robotics industry. Sunday's success in raising significant funding and reaching unicorn status highlights the growing interest and investment in this technology, which could revolutionize how people manage their homes and daily tasks.

The details

Sunday emerged from stealth late last year and already has a waitlist of 1,000 people. The company is aiming to overcome the historical challenges of building a reliable and versatile household robot by leveraging advancements in AI and robotics technologies. Memo, the company's humanoid robot, is designed to assist with a variety of household chores and tasks.

• Sunday announced the $165 million Series B funding round on March 12, 2026.
• The company emerged from stealth late in 2025.

What’s next

Sunday plans to use the new funding to further develop its Memo humanoid robot and expand its waitlist of interested customers.