Recode:

Anki, the robotics company that has raised over $200 million in venture capital, is laying off its entire staff and the startup is shuttering, Recode has learned.

In a teary all-hands meeting on Monday morning, CEO Boris Sofman told his staff they would be terminated on Wednesday and that close to 200 employees would be paid a week of severance, according to people familiar with the matter. Sofman had told employees a few days earlier that the company was scrambling to find more money after a new round of financing fell through at the last minute, imperiling the company’s future.

This is a real shame. I loved and bought some of their products.