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Popular robotics company shuts down and liquidates all assets

THE STREET·May 25 ago·3 min read
Photograph via The Street
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It could produce 100 customized pizzas per hour with one employee. It had backing from Paul Allen's investment firm. It partnered with Domino's. It raised more than $53 million over a decade. On May 11, Picnic executed a General Assignment for the Benefit of Creditors. In plain terms: the company …

It could produce 100 customized pizzas per hour with one employee. It had backing from Paul Allen's investment firm. It partnered with Domino's. It raised more than $53 million over a decade. On May 11, Picnic executed a General Assignment for the Benefit of Creditors. In plain terms: the company …

It could produce 100 customized pizzas per hour with one employee. It had backing from Paul Allen's investment firm. It partnered with Domino's. It raised more than $53 million over a decade. On May 11, Picnic executed a General Assignment for the Benefit of Creditors. In plain terms: the company …

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