Mind Robotics
Rivian spinout training industrial robots on live car-factory data
Scaleup · Pilot · Robotics leader · Palo Alto, California, United States · Founded 2025 · mindrobotics.com
Reported The $3.4B valuation was reported by Reuters, citing a person familiar; the company has not published it.
Profile
Mind Robotics was spun out of Rivian in 2025 by Rivian CEO RJ Scaringe, who chairs it. It is building foundation models and purpose-built industrial robots, trained on video of skilled workers on Rivian's live vehicle lines, for dexterous factory tasks such as fastening and connector mating. Rivian is a shareholder and its first manufacturing partner. It raised $500M in Mar 2026 and another $400M in May 2026, taking its total above $1B.
People
- RJ Scaringe FounderFounder and Chairman
Also founder and CEO of Rivian.
Sources: Mind Robotics Announces $500M Financing (Business Wire) · Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots (TechCrunch) · As of . X handles are shown only when we could confirm they belong to the person.
Flagship robots
- Industrial manipulation robots Industrial robot
Purpose-built robots for dexterous factory tasks such as fastening and connector mating, first on Rivian's lines - Industrial foundation models AI model
Trained on video of skilled operators on live production lines
Funding and valuation
Latest round
$400M
Growth round · May 13, 2026
Led by Kleiner Perkins
Also Meritech Capital, Redpoint Ventures, SV Angel, Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures, Greenoaks.
Follows a $500M Series A (Mar 2026) and a $115M seed led by Eclipse (2025)
Total raised
about $1.01B
As of May 13, 2026
More than $1B raised in total
Valuation
$3.4B Reported
reported valuation at the May 2026 round · May 13, 2026
The Wall Street Journal put it at more than $3B; Reuters reported $3.4B. The Mar 2026 Series A valued it at about $2B.
Competitors
Companies with overlapping products. Direct = same customers and same job; Adjacent = overlapping technology or market, different focus.
Mujin
Adjacent competitorBoth are putting AI into industrial robots for factory tasks: Mujin sells MujinOS, software that lets warehouse and factory robots plan their own motions, while Mind Robotics trains industrial robots on live car-factory data and is a Rivian spinout.
RobCo
Adjacent competitorBoth are putting AI into industrial robots for factory tasks: RobCo rents modular AI-driven robot arms to manufacturers as a service, while Mind Robotics trains industrial robots on live car-factory data and is a Rivian spinout.
Recent news
- — Raises another $400M led by Kleiner Perkins; total funding above $1B TechCrunch
- — Raises $500M Series A co-led by Accel and a16z at about $2B TechCrunch
Sources
- Mind Robotics Announces $500M Financing to Support Deployment of AI-Powered Robots at Industrial Scale (Business Wire) (Mar 11, 2026)
- Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots (TechCrunch) (Mar 11, 2026)
- Rivian spinoff Mind Robotics raises another $400M (TechCrunch) (May 13, 2026)
- Rivian spinout Mind Robotics lands $400M to push AI robots onto factory floors (SiliconANGLE) (May 13, 2026)
- Rivian spinout Mind Robotics valued at $3.4 billion in new funding round (Reuters via MarketScreener) (May 13, 2026)
- Mind Robotics website (Oct 8, 2026)
Confidence: medium.