Rivian spinoff Mind Robotics raises another $400 million

Rivian’s company, Mind Robotics, raised another $400 million just two months later Raised $500 millionIt is working on developing industrial robots that can increase the automation of factory operations.

The funding round, first reported by The Wall Street Journal, was led by Kleiner Perkins. The investment arms of Volkswagen, which has partnered with Rivian in a software joint venture, and Salesforce have also contributed to the investments.

Rivian CEO RJ Scaringe, Chairman of Mind Robotics, He told TechCrunch in March He created the company because he felt that other startups were not fully equipped to automate industrial work. The project – initially known as Project Synapse – began as an attempt to build “robots with human-like skills”.

It was at Mind Robotics It had previously raised $115 million from Eclipse after its creation in 2025. The new funding round brings the total amount raised to more than $1 billion, and Mind Robotics is valued at more than $3 billion, according to the Wall Street Journal.

Scaringe also helped create a micromobility company called Also, which has raised more than $300 million to date.