Rivian Spinoff Mind Robotics Raises $400 Million, Valued at $3.4 Billion

May 13, 2026
Mind Robotics, a spinoff from Rivian, has raised $400 million in a new funding round led by Kleiner Perkins, bringing its valuation to $3.4 billion and total capital raised to more than $1 billion.

Mind Robotics, a company spun out from Rivian, has raised $400 million in new funding, reports the Wall Street Journal. The round was led by Kleiner Perkins, with participation from investors including the venture arms of Volkswagen and Salesforce.

The new funding values the industrial robotics company at $3.4 billion and brings its total capital raised to more than $1 billion. Mind Robotics was created by Rivian CEO RJ Scaringe to develop robotics systems designed for factory automation and vehicle production.

The company was initially launched in 2025 and previously raised $115 million in seed funding, followed by a $500 million Series A round in March 2026. Mind Robotics continues to develop AI models and robotic systems aimed at automating industrial manufacturing tasks within Rivian’s facilities and beyond.

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