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FoldiMate Company Folded

FoldiMate Company Folded

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FoldiMate was a California-based company developing a robotic laundry-folding machine founded in 2012. Their clothes folding machine was aimed to enter the market by the end of 2019. In 2021, the company folded.[1][2]
What it means

An encyclopedia-style screenshot describes FoldiMate, a company developing a robotic laundry-folding machine. The punchline is the literal use of “folded”: in 2021, the company itself folded, meaning it went out of business. It is shared as an ironic reaction to plans or projects that fail before launch.

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image
Size
700×800 · 75.9 KiB
Mood
ironic, absurd
Language
en
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