Close Menu
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
What's Hot

Jensen Huang’s departure raises questions about Nvidia’s open source support

November 12, 2026

Tensions rise at NVIDIA as investors await outcome of board’s crisis CEO meeting

November 12, 2026

Cisco (CSCO) Q1 2027 Earnings

November 12, 2026
Facebook X (Twitter) Instagram
Smart Breaking News on AI, Business, Politics & Global Trends | WhistleBuzz
Facebook X (Twitter) Instagram
  • Home
  • AI
  • Art & Style
  • Economy
  • Entertainment
  • International
  • Market
  • Opinion
  • Politics
  • Sports
  • Trump
  • US
  • World
Smart Breaking News on AI, Business, Politics & Global Trends | WhistleBuzz
Home » Robot hand company settles Tesla trade secret lawsuit, announces $11 million raise
AI

Robot hand company settles Tesla trade secret lawsuit, announces $11 million raise

Editor-In-ChiefBy Editor-In-ChiefJune 29, 2026No Comments5 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
Follow Us
Google News Flipboard
Share
Facebook Twitter LinkedIn Pinterest Email


Jay Lee doesn’t recommend getting sued by Tesla if you’re trying to get your startup off the ground. But he thinks his company, Procession, may be better off for enduring the experience.

“I think this is like a resilience test or a pressure test,” he told TechCrunch in an exclusive interview. “People say that what doesn’t kill you makes you stronger, right?”

Mr. Lee, who was the technical director of Tesla’s humanoid robot program Optimus, was accused last year by his former employer of absconding with trade secrets to launch Proception. But after months of trading legal blows, a settlement was finally reached with Tesla, which dismissed the lawsuit earlier this month. (Tesla did not respond to a request for comment.)

Now, Lee is free to tackle what he considers an even more difficult problem: getting robot hands to function like humans.

To help with this, Proception announced Monday that it has raised an $11 million seed round led by First Round Capital, with contributions from Y Combinator and early-stage fund BoxGroup.

Proception also announced Monday that it has shipped the first batch of its “highly dexterous robotic hand” to “researchers and robotics companies,” and is accepting orders for a broader range of orders. The goal, Lee said, is to become a top hand supplier to other companies that don’t want to spend the time or resources developing what’s known in the industry as “dexterous operations.”

Despite the avalanche of money and attention pouring into the world of robotics, Lee doesn’t think it’s enough to create a robot hand that truly mimics the human hand.

One of the most vocal people on this issue is, in fact, his old boss, Tesla CEO Elon Musk, who has said that robotic hands are one of the biggest engineering problems yet to be solved.

Although Mr. Musk has claimed that Optimus robots could begin working in factories within a few years, the consensus view is that robot hands are still years away from being on par with human hands. Kevin Lynch, director of Northwestern University’s Center for Robotics and Biological Systems, told the Wall Street Journal last year that his team believes it will be 10 years before robots are “functional and useful and capable of doing some of the things that humans do.”

Li believes Proception can do it much faster, mainly because of the way it collects data.

Currently, most companies training humanoid robots use teleoperators to train their systems. A human wearing a virtual reality headset can see what the robot sees and manipulate what’s in front of it, and the robot can learn from the commands you give it.

Li said a major drawback to this approach is that the remote operator cannot receive feedback from the object the robot is touching. This approach also limits the number of robots a company can have at any given time, Lee said.

Proception’s solution is a glove equipped with a sensor. By having human testers wear gloves (and headsets), Proception and its customers can collect “human hand interaction data without the need for a robot in the loop,” according to a Proception press release.

This same glove will also be worn on Proception’s developing hand, acting as a “skin” packed with sensors. According to Proception, the hand has 22 degrees of freedom and multiple joints in each finger, allowing for a “wide range of dexterous movements.”

Lee said this approach will also allow Proception and its customers to collect more detailed, task-specific data that can more accurately bring the robot hand closer to a human’s. He also believes the company is well-suited to scale.

“You need both hardware and data, and they need to work together to make[dexterity]work. Many companies focus only on hardware or prefer hardware and data (collection) without scalability,” he said. “We’re working on this very dexterous hardware and highly scalable data, and we believe this is the key combination to solving this problem.”

Bill Trenchard, the first round partner who led the investment in Proception, said this was a big reason to support Lee.

“I think they have the best hands on the market, probably the most sophisticated hands today, and the underlying data and models to back it up,” he told TechCrunch. “Dexterous manipulation is a very, very, very important part of the whole story of future humanoids, and as many people are saying, it’s kind of the last mile in getting the robot to true performance.”

Mr Trenchard also praised Mr Lee’s ability to remain calm in the face of a lawsuit from his former employer.

“He was very transparent with us when this became clear. I think the team did a great job of staying calm,” Trenchard said. “Jay is a very strong leader.”

Lee is also confident. After facing Tesla’s “hardcore litigation department,” he told TechCrunch that he wouldn’t be surprised if the company asked for help as Proception grows.

“I think it will,” he said.

If you buy through links in our articles, we may earn a small commission. This does not affect editorial independence.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor-In-Chief
  • Website

Related Posts

Jensen Huang’s departure raises questions about Nvidia’s open source support

November 12, 2026

Nectar launches AI agent to automate creator discovery and brand support

November 12, 2026

Google’s latest search upgrade promises better answers to your most complex questions

November 12, 2026
Add A Comment

Comments are closed.

News

US releases report on $12 billion from Venezuelan oil, mineral resources | Business and Economic News

By Editor-In-ChiefNovember 12, 2026

The report aims to address concerns about the Trump administration’s handling of trust income to…

What you need to know about the Logan Circle shooting in Washington, DC | Crime News

November 12, 2026

President Trump heads to China amid Nvidia scandal: Will he get tougher on Beijing? |Political news

November 12, 2026
Top Trending

Jensen Huang’s departure raises questions about Nvidia’s open source support

By Editor-In-ChiefNovember 12, 2026

The open source community just lost one of its strongest supporters. Nvidia…

Nectar launches AI agent to automate creator discovery and brand support

By Editor-In-ChiefNovember 12, 2026

Nectar, the AI-powered marketing operating system, releases a new AI agent designed…

Google’s latest search upgrade promises better answers to your most complex questions

By Editor-In-ChiefNovember 12, 2026

Google Search is getting better at understanding complex questions, including multi-part questions,…

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Welcome to WhistleBuzz.com (“we,” “our,” or “us”). Your privacy is important to us. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website https://whistlebuzz.com/ (the “Site”). Please read this policy carefully to understand our views and practices regarding your personal data and how we will treat it.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • Advertise With Us
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
  • About US
© 2026 whistlebuzz. Designed by whistlebuzz.

Type above and press Enter to search. Press Esc to cancel.