Event arc
This settlement and funding boost support innovation in robotic hand technology.
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Robot hand company settles Tesla trade secret suit and announces $11M raise
Proception, a robotics startup focused on robot hands, settled a trade secret lawsuit with Tesla. The company also announced an $11 million funding round. Proception uses a unique method to collect training data for robotic hand development.
TechCrunch AI
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Companies involved
Tesla (TSLA)
Market lens
Proception's progress could accelerate advancements in robotic manipulation capabilities.
Operator take
Companies should monitor Proception's approach for potential collaboration or adoption.
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Sources in this thread (1): TechCrunch AI
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Robot hand company settles Tesla trade secret suit and announces $11M raise
Proception, a robotics startup focused on robot hands, settled a trade secret lawsuit with Tesla. The company also announced an $11 million funding round. Proception uses a unique method to collect training data for robotic hand development.
Tracking TSLATSLA
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Robot hand company settles Tesla trade secret suit and announces $11M raise
Proception, a robotics startup focused on robot hands, settled a trade secret lawsuit with Tesla. The company also announced an $11 million funding round. Proception uses a unique method to collect training data for robotic hand development.
Tracking TSLATSLA