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Mind Robotics Raises $500M to Advance AI-Powered Industrial Robots

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Mind Robotics, a startup originating from Rivian, has successfully raised $500 million in a Series A funding round, co-led by Accel and Andreessen Horowitz. This announcement builds on a previous $115 million seed round led by Eclipse in late 2025, totaling their fundraising efforts to $615 million and valuing the company at approximately $2 billion according to The Wall Street Journal.

  • Founder and Leadership: The company was created by RJ Scaringe, the CEO of Rivian, and he currently serves as chairman. Mind Robotics was spun out of Rivian in November 2025.
  • Objective: The company aims to address the limitations in current industrial automation by building AI-powered robots that demonstrate human-like dexterity and adaptability in factory settings.
  • Development and Deployment: The startup plans to deploy a large number of these robots by the end of the year, focusing on traditional factory robot designs rather than humanoid robots like Tesla’s.
  • Collaboration: Mind Robotics might collaborate with Rivian further, potentially utilizing Rivian’s custom silicon chips in their robots.
  • Previous Spinoffs: Rivian previously spun off another company, Also, focused on electric mobility solutions like e-bikes and small electric cargo vehicles for Amazon.