Founder of failed fintech Synapse says he's raised $11M for new robotics startup | TechCrunch
Briefly

Sankaet Pathak, facing scrutiny over unaccounted funds in Synapse, is undeterred and is vigorously pursuing his new robotics startup, Foundation, which aims to tackle labor shortages.
Pathak has secured $11 million in pre-seed funding for Foundation, despite the challenges faced at Synapse, where millions remain unaccounted for.
In response to the missing customer funds from Synapse, Pathak is placing the blame on Evolve Bank, urging them to resolve the issue for affected consumers.
Foundation's mission focuses on developing humanoid robots that can navigate complex environments, as the demand for automation rises amidst labor shortages.
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