Rivian Spinout Mind Robotics Valued at $3.4 Billion in New Funding Round
The industrial robotics startup now has more than $1 billion in funding and is valued at $3.4 billion, according to the Wall Street Journal.
7 Articles
7 Articles
Rivian spinout Mind Robotics valued at $3.4 billion in new funding round
May 13 : Mind Robotics, a spinout from Rivian, was valued at $3.4 billion in a new funding round, up from the $2 billion valuation it secured during its Series A raise in March, according to a source familiar with the matter.The industrial robotics startup has raised $400 million in the Kleiner Perkins-led ro
In the space of only two months, Mind Robotics has completed two consecutive fund-raising operations for a total of more than $900 million. The latest one — $400 million — has just been announced, just two months after a first operation of $500 million. Founded by RJ Scaringe, also CEO of Rivian, ... Read more The article Mind Robotics, Rivian's subsidiary specialized in industrial robotics, crossed the course of the billion dollars raised has a…
Rivian's robotics spinoff tops $1 billion in funding
On the Dash: Rivian’s robotics spinoff Mind Robotics has raised more than $1 billion in under a year. The $400 million round values Mind Robotics at $3.4 billion, up 70% since March. AI-powered robots are being trained inside Rivian’s Normal, Ill., factory to address labor shortages. Rivian is betting robots can solve the labor shortage slowing its factories. The electric vehicle maker’s automation spinoff, Mind Robotics, closed a $400 million …
Kleiner Perkins backs Rivian CEO RJ Scaringe’s Mind Robotics with $400M to bring AI robots into factories
Mind Robotics has raised $400 million in a new funding round led by Kleiner Perkins, with support from several new and existing investors. Founded in 2025 by Rivian CEO RJ Scaringe, the company is building AI industrial robots for factory and manufacturing work. The fresh funding will help Mind Robotics deploy more robots in real manufacturing settings as it competes with companies such as Figure AI and Skild AI. California-based Mind Robotics, …
Rivian spinout Mind Robotics lands $400M to push AI robots onto factory floors
Mind Robotics Inc., an industrial robotics startup founded by Rivian Automotive Inc. Chief Executive RJ Scaringe, said today it has raised $400 million in new funding to put more of its artificial intelligence-powered robots onto factory floors. The company is building robots that can handle the kind of fiddly, judgment-based work on a production line […] The post Rivian spinout Mind Robotics lands $400M to push AI robots onto factory floors app…
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