Robot hand company settles Tesla trade secret suit and announces $11M raise

A robot hand company has settled a trade secret lawsuit brought by its former employer and announced an $11 million seed funding round. The company's founder, who previously worked on a humanoid robot program, was accused of taking trade secrets but reached a settlement that dismissed the lawsuit. The startup is developing robotic hands with 22 degrees of freedom and using sensor-equipped gloves to collect training data on human hand movements, an approach the founder believes will enable faster progress on dexterous manipulation than existing methods. The funding round was led by a major venture capital firm, and the company has begun shipping its robotic hands to researchers and robotics companies.