Sunday Robotics Raises $165M for a Chore Robot That Doesn't Exist Yet

A startup not yet a year old, founded by two ex-Stanford roboticists, hit a $1.15B valuation on "Memo" — a household robot it plans to ship by Thanksgiving but hasn't yet built. Coatue led, with Benchmark and Tiger Global along for the ride. The bet is on manipulation data, not a finished product, and it's one more sign that "home robot" valuations now run years ahead of any home robot.