Rivian's spinoff Mind Robotics has secured an additional $400 million in funding, bringing its total raised to over $1 billion and valuing the company at more than $3 billion. The company, led by Rivian CEO RJ Scaringe, focuses on developing industrial robotics with human-like capabilities to automate factory operations. The funding round was led by Kleiner Perkins, with participation from Volkswagen's venture arm and Salesforce.
Background
Mind Robotics is a spinoff from electric vehicle maker Rivian, created in 2025 with the goal of developing advanced industrial robotics. The company was initially known as 'Project Synapse' and focuses on creating robots with human-like capabilities for factory automation.
- Source
- TechCrunch
- Published
- May 14, 2026 at 12:34 AM
- Score
- 6.0 / 10