<ul><li>Former Synapse CEO Sankaet Pathak, whose previous startup faced bankruptcy issues, is reportedly trying to raise $100 million for his new venture in humanoid robotics called Foundation.</li><li>Despite Synapse's bankruptcy in 2024 and unresolved consumer deposits issue, Pathak is pushing forward to secure funding for Foundation, aiming for a $1 billion valuation.</li><li>Foundation, which recently introduced its humanoid robot 'Phantom,' is seeking the hefty investment despite only raising $11 million in a pre-seed funding round last August.</li><li>The startup's goal is to develop advanced humanoid robots that can navigate complex environments to alleviate labor shortages, as confirmed by Pathak.</li></ul>

Ex-Synapse CEO reportedly trying to raise $100M for his new humanoid robotics venture

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