Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture
The last startup of Sankaet Pathak, Fintech Synapse, submitted bankruptcy in 2024 in the midst of problems with partner Evolve Bank & Trust. Dozens of millions of dollars in consumer deposits, mainly clients of fintechs who worked with synapse, do not remain justified.
Yet According to the informationPathak is reportedly moving full steam ahead in attempts to raise funds for his new company, Startup Humanoid Robotics Foundation. Pathak would appreciate $ 1 billion in the middle of collecting $ 100 million for Foundation.
The figures seem particularly ambitious, given the startup only this year his humanoid robot, Phantom, debuted earlier this year. Foundation Only last August did he raise $ 11 million in a pre-seed financing round of Tribe Capital and ‘other angels’.
The self -proclaimed mission of Foundation is to “create advanced humanoid robots that can operate in complex environments” to treat the lack of work.
WAN has contacted Pathhak for comment.
