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Robot hand startup Proception settles Tesla suit, raises $11M

Created at 29 Jun · 2:20 PM1 source↑ Market-relevant
IN SHORT

Proception, a robotics startup founded by a former Tesla engineer, has settled a trade secret lawsuit with Tesla and announced an $11 million seed funding round. The company is developing high-dexterity robotic hands.

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Key Numbers

$11 millionseed funding raised by Proception
22degrees of freedom in Proception's robotic hand

Who's Involved

Jay Li
Founder of Proception and former technical lead on Tesla's Optimus robot program
Proception
Robot hand company that settled a lawsuit with Tesla
Tesla
Company that sued Proception for trade secret theft
First Round Capital
Led Proception's $11 million seed funding round
Y Combinator
Participant in Proception's seed funding round
BoxGroup
Participant in Proception's seed funding round
Elon Musk
Tesla CEO who has highlighted the challenge of robotic hands
Bill Trenchard
Partner at First Round Capital who led the investment in Proception
Robot hand startup Proception settles Tesla suit, raises $11M

↳ Why This Matters

The settlement and funding allow Proception to focus on developing advanced robotic hands, a critical component for the advancement of humanoid robots like Tesla's Optimus, potentially accelerating progress in the field.

Key facts

  • Proception, founded by former Tesla engineer Jay Li, has settled a trade secret lawsuit with Tesla.
  • The company announced an $11 million seed funding round led by First Round Capital, with participation from Y Combinator and BoxGroup.
  • Proception is developing high-dexterity robotic hands designed to mimic human capabilities.
  • The startup is shipping its initial batch of robotic hands to researchers and robotics companies.
  • Proception utilizes a sensor-laden glove to capture human hand interaction data for training its robotic hands.

Proception, a robotics startup founded by former Tesla engineer Jay Li, has settled a trade secret lawsuit filed by its former employer. The company announced the settlement and an $11 million seed funding round led by First Round Capital, with contributions from Y Combinator and BoxGroup.

Li, who was a technical lead on Tesla's Optimus humanoid robot program, was accused of taking trade secrets when he left to start Proception. The lawsuit was dismissed earlier this month. Li stated that enduring the legal battle was a "resilience test" and that the company is now focused on developing highly dexterous robotic hands.

Proception is also shipping its first batch of these robotic hands to researchers and robotics companies, aiming to become a leading supplier for companies seeking advanced manipulation capabilities. Li believes that while much attention has gone into robotics, the development of truly human-like robotic hands remains a significant challenge, a point echoed by Tesla CEO Elon Musk.

Unlike many companies that rely on teleoperators for robot training, Proception uses a sensor-laden glove to capture human hand interaction data. This data is then used to train its own robotic hands, which feature 22 degrees of freedom and multiple joints per finger. Proception believes this approach, combining advanced hardware with scalable data collection, is key to achieving human-level dexterity in robots.

Frequently asked questions

Tesla accused Proception founder Jay Li, a former Tesla engineer, of absconding with trade secrets to start his new company.

Proception uses a sensor-laden glove to capture human hand interaction data, which is then used to train its robotic hands featuring 22 degrees of freedom.

Dexterous manipulation, or making robotic hands work like human hands, is considered a major engineering challenge and a crucial step for humanoid robots to become truly performant.

What Happens Next

01Proception aims to become the top hand supplier to other companies.
02The company is opening up to wider orders for its robotic hands.

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Cadence

How It Developed

Jay Li, a former technical lead on Tesla's Optimus program, was accused of stealing trade secrets to start Proception.
Proception settled the lawsuit with Tesla, which dismissed the case.
Proception announced an $11 million seed funding round led by First Round Capital.
The company is shipping its first batch of high-dexterity robotic hands to researchers and robotics companies.
Proception is developing a sensor-laden glove to capture human hand interaction data for training robotic hands.

Sources

T1
Robot hand company settles Tesla trade secret suit and announces $11M raiseTechCrunch

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