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Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture
Sankaet Pathak’s last startup filed for bankruptcy. But the entrepreneur is reportedly moving full steam ahead on attempts to fundraise for his new venture.
Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to fundraise for his new venture, humanoid robotics startup Foundation. Foundation’s self-proclaimed mission is to “create advanced humanoid robots that can operate in complex environments” to address the labor shortage.
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