"Mind Robotics has raised another $400 million, just two months after raising $500 million, as 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 is partnered with Rivian on a software joint venture, and Salesforce also contributed investments."
"Rivian CEO RJ Scaringe, who is chairman of Mind Robotics, told TechCrunch in March that he created the company because he felt other startups were not fully-equipped to automate industrial work. He started the project - initially known as "Project Synapse" - as an effort to build "robotics with human-like skills.""
"Mind Robotics had previously raised $115 million from Eclipse after it was created in 2025. The new funding round brings the total raised to more than $1 billion, and values Mind Robotics at more than $3 billion, according to the Wall Street Journal."
Mind Robotics, a spinoff connected to Rivian, raised $400 million to advance industrial robotics aimed at automating factory operations. The round came only two months after a $500 million raise. Kleiner Perkins led the investment, with participation from Volkswagen’s venture arm and Salesforce. Rivian CEO RJ Scaringe chairs Mind Robotics and created it to build robotics with human-like skills for industrial work. The company previously raised $115 million from Eclipse after forming in 2025. Total funding now exceeds $1 billion, valuing the company above $3 billion. Scaringe also helped spin out a micromobility company called Also, which has raised more than $300 million.
Read at TechCrunch
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