| Founded | 2015 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Hardware |
| Collapse type | Mass Layoff Spiral |
| Founder | Hasier Larrea |
Ori
"MIT's shape-shifting apartment furniture, too expensive for the interest rate spike that killed luxury construction."
Cascading layoffs that accelerated the decline
Key Events Timeline
Ori Systems raised $25M+ for MIT Media Lab-spinout robotic furniture that transformed small apartments.
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