Goodbye Moxie: Embodied Inc collapse amidst financial pressure
Really sad news. In what is going to send shockwaves through the robotics industry, Embodied have suddenly collapsed due to financial difficulties.
What we know:
Netizens began noticing something strange in early November when Moxie had been sold out the month prior and support had been impossible to contact the last two weeks. Moxie owners then began speculating about Embodied’s position after a two day outage in mid November left Moxie owners unable to get their Moxie working.
Today, almost 4 years after Moxie was first launched, Embodied have taken the difficult decision to shut down. I wish the Embodied team all the best and hope they can salvage something from all the hard work they poured into Moxie.
Embodied Shutdown Key Points:
•Embodied is shutting down due to financial challenges after a critical funding round fell through.
•A lead investor withdrew at the last minute, leaving no viable alternatives.
Moxie Operations
•Moxie services will cease within days, but exact date unknown.
•Moxie will not function without cloud services.
•No offline access to Moxie's features or resources.
Support and Refunds
•No staff will be available for support after shutdown.
•No refunds for Moxie purchases due to financial situation.
•Possible refunds for recent purchases if company/assets are sold.
Data and Security
•Personal data will be securely deleted upon dissolution.
•Data security protocols ensure secure deletion.
•Data may transfer to new owner if company/assets are acquired.
Future and Transition
•Exploring options to find a new home for Moxie.
•Uncertain outcome, but customers will be informed of any developments.
Read the full shut down announcement from Embodied here:
moxierobot.com
Really sad news. In what is going to send shockwaves through the robotics industry, Embodied have suddenly collapsed due to financial difficulties.
What we know:
Netizens began noticing something strange in early November when Moxie had been sold out the month prior and support had been impossible to contact the last two weeks. Moxie owners then began speculating about Embodied’s position after a two day outage in mid November left Moxie owners unable to get their Moxie working.
Today, almost 4 years after Moxie was first launched, Embodied have taken the difficult decision to shut down. I wish the Embodied team all the best and hope they can salvage something from all the hard work they poured into Moxie.
Embodied Shutdown Key Points:
•Embodied is shutting down due to financial challenges after a critical funding round fell through.
•A lead investor withdrew at the last minute, leaving no viable alternatives.
Moxie Operations
•Moxie services will cease within days, but exact date unknown.
•Moxie will not function without cloud services.
•No offline access to Moxie's features or resources.
Support and Refunds
•No staff will be available for support after shutdown.
•No refunds for Moxie purchases due to financial situation.
•Possible refunds for recent purchases if company/assets are sold.
Data and Security
•Personal data will be securely deleted upon dissolution.
•Data security protocols ensure secure deletion.
•Data may transfer to new owner if company/assets are acquired.
Future and Transition
•Exploring options to find a new home for Moxie.
•Uncertain outcome, but customers will be informed of any developments.
Read the full shut down announcement from Embodied here:
Closing FAQs
Closing FAQs 1. Why is Embodied shutting down? Embodied is closing due to financial challenges. A critical funding round fell through, leaving us unable to sustain operations. 2. Why did the funding fall through? We had secured a lead investor who was prepared to close the round. However, at the...
moxierobot.com
