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Proception Settles Tesla Trade Secret Lawsuit, Raises $11M for Robot Hand Tech

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Robotics startup Proception has settled a trade secret lawsuit brought by Tesla and simultaneously announced an $11 million funding raise. The company specializes in developing robotic hand technology, which remains one of the most challenging frontiers in robotics. Proception is pursuing a distinctive approach to gathering training data to improve dexterous robotic hands. The settlement and fresh funding signal the company's intent to move forward and accelerate development of its core technology.

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Proception Settles Tesla Trade Secret Lawsuit, Raises $11M for Robot Hand Tech · ShortSingh