The humanoid robot maker on Sunday reached $1.15 billion for building home robots

The robotics company on Sunday announced a new funding round that values ​​the company in unicorn status, meaning more than $1 billion, it announced Thursday.

Sunday says it has raised $165 million at a $1.15 billion valuation in a Series B round led by Coatue Management. Other investors in the round include Tiger Global, Benchmark and Bain Capital Ventures.

The company came out of stealth late last year and already has 1,000 people on its waiting list, Bloomberg reports.

Founded by Tony Zhao and Cheng Chi, Sunday Company seeks to build a humanoid home robot called Memo that helps with tasks like doing laundry and clearing the table.

Experts have been trying for decades to build a robot like this — a kind of “Rosie” from “The Jetsons” — but have succeeded time and again, largely due to a lack of training data to teach robots how to reliably grasp objects of different weights, textures, and fragility (for example, towels versus wine glasses). As AI technology continues to advance, a new range of robotic technologies have emerged on the market, with the hope of bringing a human assistant back to life.