Fundz

Proception raised $11 million in a seed funding round led by First Round Capital to develop high-precision robotic hands. Investors include Y Combinator and BoxGroup.

PRIVATEJun 29, 2026

Amount Raised

$11 Million

Round Type

Seed

BiotechnologyRobotics

Investors

BoxGroupY CombinatorFirst Round Capital

Description

Proception, a robotics startup, has raised $11 million in seed investment following a legal settlement with Tesla. The funding will go towards creating human-like robotic hands capable of dexterous manipulation. The round was led by First Round Capital, with participation from Y Combinator and BoxGroup. Proception aims to revolutionize robotic technology and enhance device capabilities for various industries.

Quick answer

Proception raised $11 Million in a Seed round, dated June 29, 2026. Investors: BoxGroup, Y Combinator and First Round Capital.

How much did Proception raise?
Proception raised $11 Million in a Seed round on June 29, 2026.
Who invested in Proception?
BoxGroup, Y Combinator and First Round Capital are named as investors in this round.
What does Proception do?
Proception is a startup focused on developing high-precision robotic hands that mimic human dexterity.
Where is Proception based and how big is it?
Fundz records about 71 employees.

Source: Fundz verified event record.

Who else raised in Robotics and Biotechnology around the same time

Companies in the same sectors as Proception that raised within 45 days of this round, from Fundz verified event records.

  • Westlake Robotics raised $16M (Series A) on August 13, 2026.
  • Eurobotics raised an undisclosed amount (Series A) on August 11, 2026.
  • EagleSight Dynamic raised an undisclosed amount (Series A) on August 7, 2026.
  • Magnendo raised $18M (Series A) on July 24, 2026.
  • AheadForm raised an undisclosed amount on July 22, 2026.
  • Beijing Yue Quan Bionics Ltd raised an undisclosed amount on July 21, 2026.

Who to call at Proception, and when

A new round usually means Proception is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Proception, from your own LinkedIn network

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Company Information

Company

Proception

About

Proception is a startup focused on developing high-precision robotic hands that mimic human dexterity. Founded by Jay Li, who previously worked on Tesla's Optimus humanoid robot, the company aims to provide advanced solutions for robotic manipulation. Following a legal battle with Tesla, Proception has shifted its focus to innovation and technology. The startup recently raised $11 million in seed investment to accelerate its development and production.

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Proception raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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