Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

First reported 14 Nov, 12:00 UTCSource: CNBC TechnologyLast editorial activity 14 Nov, 12:00 UTCWrite a comment ↓

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What happened

Eric Trump-backed robot startup Foundation Future Industries has run low on cash and missed payroll, as CEO Sankaet Pathak faces scrutiny over a $4.6 million company loan.

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Sources & evidence

CNBC Technology Reporting source
Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home ↗
https://www.cnbc.com/2026/11/14/foundation-payroll-ceo-loan.html

What happened

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