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Mind Robotics, Rivian spinoff, raises $400M to advance industrial robotics automation

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13 May 2026
TechCrunch
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Bullish
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Mind Robotics, a spinoff from Rivian focused on industrial robotics, has secured an additional $400 million in funding, following a $500 million raise two months prior. Led by Kleiner Perkins with investments from Volkswagen and Salesforce venture arms, the funding boosts Mind Robotics' total capital to over $1 billion and values the company at more than $3 billion. The company aims to develop robotics with human-like skills to automate factory operations more effectively. This significant investment highlights growing interest in robotics innovation within industrial automation sectors.

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