Embodied, in announcing the closure, stated that a critical funding round fell through when a lead investor withdrew at the last moment, consequently ending operations.
The company emphasized the emotional and cognitive benefits of Moxie, catering to children through engaging activities like meditation and illustrated storytelling.
With the imminent shutdown, Moxie owners face uncertainty, as Embodied has not specified a date for when services will cease, heightening concerns for affected families.
Embodied reassured customers that it is looking for ways to keep Moxie functioning longer, yet noted there are no guarantees, leaving many in a predicament.
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