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Bankruptcy Wave Hits Hardware Startups: iRobot, Luminar, Rad Power Bikes

Bankruptcy Wave Hits Hardware Startups: iRobot, Luminar, Rad Power Bikes

First seen 21 Dec 2025, 23:53 UTC • •

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ThreatCluster AI
ThreatCluster •March 12, 2026 at 13:27 UTC

In a challenging week for hardware companies, iRobot, Luminar, and Rad Power Bikes filed for bankruptcy. Each company faced unique issues such as tariff pressures and supply chain challenges, reflecting broader difficulties in the hardware sector amidst global trade tensions and competition.

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