Anki, a startup company which made robotic toy cars and trucks, is planning to close its doors, according to a report on the Recode website.
The company had raised more than $200 million in funding for the venture, and generated $100 million in revenue in 2017, but is now making all of its 200 employees redundant.
In a statement to Recode, the company says that it had been left “without significant funding” which meant it could not finance its hardware and software development plans going forward.
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