Rivian Spinoff Mind Robotics Raises $400 Million, Valued at $3.4 Billion
Mind Robotics, a company spun out from Rivian, has raised $400 million in new funding, reports the Wall Street Journal. The round was led by Kleiner Perkins, with participation from investors including the venture arms of Volkswagen and Salesforce.
The new funding values the industrial robotics company at $3.4 billion and brings its total capital raised to more than $1 billion. Mind Robotics was created by Rivian CEO RJ Scaringe to develop robotics systems designed for factory automation and vehicle production.
The company was initially launched in 2025 and previously raised $115 million in seed funding, followed by a $500 million Series A round in March 2026. Mind Robotics continues to develop AI models and robotic systems aimed at automating industrial manufacturing tasks within Rivian’s facilities and beyond.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like AI Funding Brief, Robotics Brief or Daily AI Brief.
Also, consider following us on social media:
More from Funding
Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 KP Labs raises €4.42 million for AI data processing in orbit Oct 15 Origin Raises $20 Million for Autonomous Construction Robots Oct 15 Symbe Raises $5.7 Million for AI Sales PlatformMore from Robotics
Oct 16 Rareview and Tuttle Launch Humanoid Robotics ETF HOID Oct 16 Element to Manage Waymo's Toronto Fleet for 2028 Launch Oct 16 RoboParty launches open source RP1 humanoid robot Oct 16 Jodell Robotics Unveils Dexterous Hand and Tactile Sensors Oct 16 Saab Completes Sea Trials of Large Uncrewed Underwater VehicleIndustrial AI Weekly
The latest advancements in smart manufacturing, predictive maintenance, AI-driven quality control, supply chain & more.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
Mech-Mind Revenue Rises 55% as Orders Jump
D-Robotics Raises $400 Million for Robotics Chips and Software
RobCo Reaches $1 Billion Valuation in Share Deal
Ramp Raises $1.85 Billion at $60 Billion Valuation
Viabot Raises $24 Million for Outdoor Property Care Robots
Daily AI Brief: the AI news that matters, in your inbox.