Mind Robotics, a Rivian spinoff company working to develop industrial robots that can further automate factory operations, has raised another $400 million just two months after raising $500 million.
The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. Volkswagen’s venture arm and Salesforce, which is partnering with Rivian in a software joint venture, also contributed to the investment.
Rivian CEO and Mind Robotics Chairman RJ Scaringe told TechCrunch in March that he founded the company because he felt other startups were not well-equipped to automate industrial work. He started what was originally known as “Project Synapse” in an effort to build “robots with human-like skills.”
Mind Robotics, founded in 2025, had previously raised $115 million from Eclipse. The new round of funding brings the total raised to more than $1 billion and values Mind Robotics at more than $3 billion, according to the Wall Street Journal.
Mr. Scaringe also helped found and spin out a micromobility company called Also, which has raised more than $300 million to date.
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