May. 14 at 4:58 PM
Mind Robotics, a spin-off from electric truck manufacturer
$RIVN, has raised an additional
$400 million, coming just two months after a prior
$500 million funding round. This latest injection brings the company’s total funding to over
$1 billion, with its valuation now exceeding
$3 billion.
The company focuses on developing advanced intelligent robots designed to perform factory tasks with human-like dexterity and adaptability. RJ Scaringe, CEO of Rivian, serves as chairman of the robotics venture.
Key investors in the company include Kleiner Perkins, Volkswagen, and
$CRM. https://techcrunch.com/2026/05/13/rivian-spinoff-mind-robotics-raises-another-400m/