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Colin Angle, co-founder and former CEO of iRobot, has announced his return to the robotics field by founding a new startup, Familiar Machines & Magic, focused on developing an innovative home health and wellness robot. According to the Boston Globe, this robot may take the form of an animal or 'pet', aiming to provide companionship to family members while assisting in health management. Familiar Machines & Magic

Colin Angle, co-founder of the renowned Roomba vacuum maker iRobot, is raising funds for his new home robotics startup Familiar Machines. According to documents filed with the SEC, Familiar Machines is aiming to raise $30 million and has already secured $15 million from eight investors. Image source note: The image is AI-generated and licensed from service provider Midjo.

Recently, the globally renowned robot vacuum manufacturer iRobot announced it will lay off approximately 105 employees, which accounts for 16% of its total workforce. This news was disclosed in the company's financial report, where iRobot's CEO Gary Cohen stated during the earnings call that this move, while challenging, fundamentally changes the way the company works with its partners, improving the efficiency of robot research and development as well as production. Cohen emphasized that iRobot has already...