Mind Robotics, a spinoff from Rivian, has successfully raised an additional $400 million in funding, merely two months following a $500 million raise. The funds will support the development of advanced industrial robots aimed at enhancing factory automation.
Key Investors
The funding round, initially reported by the Wall Street Journal, was spearheaded by Kleiner Perkins. Other significant contributors include the venture arms of Volkswagen and Salesforce. Volkswagen is currently engaged in a software joint venture with Rivian.
Leadership and Vision
RJ Scaringe, CEO of Rivian and chairman of Mind Robotics, founded the company to address what he perceived as a gap in the automation of industrial work. Originally called “Project Synapse,” Mind Robotics aims to create robots with human-like skills. Scaringe conveyed to TechCrunch in March that existing startups were not adequately equipped to meet these industrial demands.
Financial Milestones
Mind Robotics previously raised $115 million from Eclipse in 2025 when the company was first established. The recent influx of funds escalates the total raised to over $1 billion and valuates the company at more than $3 billion, according to the Wall Street Journal.
Other Ventures
In addition to Mind Robotics, RJ Scaringe has also played a pivotal role in launching a micromobility company named Also, which has garnered over $300 million in funding to date.
Source: https://techcrunch.com/2026/05/13/rivian-spinoff-mind-robotics-raises-another-400m/
