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Robot hand company settles Tesla trade secret suit and announces $11M raise
Summary by TechCrunch
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4 Articles
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Robot hand company settles Tesla trade secret suit and announces $11M raise
Jay Li doesn't recommend getting sued by Tesla if you're trying to get a startup off the ground. But he does think his company, Proception, might be
Proception Raises $11 Million After Settling Tesla Trade Secrets Lawsuit
Proception has raised $11 million in seed funding and started shipping its first ProHand robotic hands to researchers and robotics companies. The funding follows the startup’s settlement of a trade secrets lawsuit filed by Tesla against founder Jay Li. First Round Capital led the round, with participation from Y Combinator and BoxGroup. Proception said in its official announcement that the funding will support team expansion, production and the …
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Total News Sources4
Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
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- 50% of the sources lean Left, 50% of the sources are Center
50% Center
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C 50%
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