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Foundation

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Developing the future of general purpose robotics with the goal to address the labor shortage

San Francisco, United StatesFounded 2024Robotics
Valuation $50–100M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Foundation and the history behind them.

About Foundation

Foundation Robotics Labs is a developer of general-purpose humanoid robots aimed at the industrial automation sector. The company is focused on creating advanced robotics to address labor shortages in complex manufacturing environments.

Their primary product is the 'Phantom' humanoid robot, which is designed to operate in challenging industrial settings. Foundation Robotics has conducted pilot programs in various manufacturing sectors, including consumer goods, beverage, and glass production. The business model appears to be centered on providing these robotic solutions to large-scale industrial clients to automate tasks traditionally performed by human workers.

Founded in 2023 by Sankaet Pathak, Arjun Sethi, and Mike LeBlanc, the company leverages a hybrid AI approach and what it describes as a 'physics-action model' to enable its robots to function in dynamic environments. The target market consists of industries facing significant labor challenges that are looking to enhance efficiency and productivity through automation.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2024
Headquarters
San Francisco, United States
Employees
114
Open positions
30
Dealroom signal
91.3/100
Industry
Robotics
Sector
Robotics, Industrial Robotics, Manufacturing and Assembly Robots, Humanoid, DT and LS, science-based
Technology
Artificial Intelligence, Hardware, Deep Tech, Autonomous & Sensor Tech
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Aug 2024 $11M $44M Tribe Capital ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Foundation team growth

Foundation's team grew 58.3% over the past year.

1-year team growth+58.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States86%
🇩🇪 Germany7%
🇳🇬 Nigeria1.2%
🇮🇩 Indonesia1.2%
🇹🇼 Taiwan1.2%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Foundation on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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