Rivian spinoff company Mind Robotics has raised another $400 million after just two months raise $500 millionAs it works to develop industrial robotics that can further automate factory operations.
The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. The venture arms of Volkswagen, which has partnered with Rivian on a software joint venture, and Salesforce also contributed to the investment.
Rivian CEO RJ Scaringe, who is president of Mind Robotics, told TechCrunch in March He created this company because he felt that other startups were not fully equipped to automate industrial tasks. He started the project – initially known as “Project Synapse” – as an effort to create “robotics with human-like skills”.
Mind Robotics had Had previously raised $115 million From Eclipse after its creation in 2025. According to the Wall Street Journal, the new funding round brings the total amount raised to more than $1 billion and values Mind Robotics at more than $3 billion.
Scaringe also helped create and grow a micromobility company called Also, which has raised more than $300 million to date.
