Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties
In this articleGMThe GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersA humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds by claiming close ties and an imminent investment from General Motors — claims rejected by the automaker.The company, called Foundation Robotics Labs, is seeking the last $1 million in funds for an $11 million seed round, according to documents ...