DEPLOYDatabase

Company

Foundation

US humanoid startup (San Francisco; founded 2024; CEO Sankaet Pathak, ex-Synapse) making the Phantom MK1 humanoid; mid-2026 posture is defense/military…

Founded
2024
HQ
San Francisco, California, USA
Status
private (early-stage)

Funding

$24.0M

Models

1

Overview

US humanoid startup (San Francisco; founded 2024; CEO Sankaet Pathak, ex-Synapse) making the Phantom MK1 humanoid; mid-2026 posture is defense/military (Ukraine testing, Pentagon SBIR). Documented history of exaggerated customer claims (GM denial).

Reality check

Skeptical flag

Research/demo; documented GM-claim denial (June 2024); defense pivot; no verified deployment.

Verified record

Verified deployments
None on file
Active incidents
None on file

DEPLOY Intelligence

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Analyst-grade signals, competitive tracking, and investment context across the global physical AI landscape. Launching 2026.

Key facts

Product

Phantom MK1 general-purpose humanoid (company-stated specs); ~$150k.

CEO

Sankaet Pathak, ex-Synapse

Defense/military posture timing

Mid-2026

Testing location

Ukraine

Defense program

Pentagon SBIR

Key product

Phantom MK1 humanoid robot

Pentagon contracts

4M

Production target

50,000 robots by end of 2027

Military testing

Ukraine

Data & sources

News coverage

2

Web sources

1

3 sources backing this record.View all →

Current platform

Phantom MK1

Foundation (also Foundation Future Industries; founded 2024, headquartered in San Francisco with an office in Munich) was co-founded by CEO Sankaet Pathak, who previously co-founded the fintech Synapse, which went bankrupt in 2024, along with Tribe Capital's Arjun Sethi and former Cobalt Robotics co-founder Mike LeBlanc, with Eric Trump as chief strategy adviser. Its Phantom MK1 is a general-purpose humanoid with company-stated specs of 5 feet 9 inches and 176 pounds, 19 upper-body degrees of freedom, five-fingered hands, eight cameras and no LiDAR, proprietary rolling-contact gearboxes, about 20 kg of payload, roughly 1.7 m/s, an initially tethered power setup, and a large-language-model-driven autonomy stack, at a stated price near $150,000. The company raised about $11 million in a Tribe Capital-led pre-seed for a roughly $21 million base and won a $24 million Pentagon SBIR that is explicitly a research agreement rather than a production order, and it sent two MK1 units to Ukraine in February 2026 for logistics and reconnaissance testing rather than combat. A framing correction is worth recording: the dispatch described Foundation as a manufacturing and logistics humanoid startup, but its live public posture in mid-2026 is defense and military, even as manufacturing and logistics remain the stated original target. The registry records it at research and demo maturity with elevated skepticism, because there is no verifiable customer deployment, the Ukraine testing carries no independent outcome data, and, critically, a June 2024 Foundation fundraising deck claimed General Motors would be its first customer with a roughly $300 million purchase order and factory access, a claim GM flatly denied, saying it had never invested and had no plans to. Its production targets of 40 units in 2025 scaling to 50,000 in 2027, its efficiency and fast-learning performance claims, any GM relationship, the Ukraine operational outcomes, and a $3 billion-plus valuation are all recorded as claimed-but-not-verified.

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Foundation on the deployment map

Where Foundation's robots are verified operating. Explore the deployment map by place and type.

Current leadership (2)

Founders (1)

Safety record

No incidents on record for Foundation.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Foundation in third-party press

Peer companies