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Mind Robotics, a spinoff from Rivian, has raised $400 million in a new funding round led by Kleiner Perkins. This brings its total funding to over $1 billion and values the company at more than $3 billion. The company aims to develop advanced industrial robotics for factory automation.
Rivian’s spinoff company Mind Robotics has raised an additional $400 million in funding, according to reports, with major investors including Kleiner Perkins, Volkswagen, and Salesforce. This funding round significantly boosts the company’s valuation and underscores investor confidence in its industrial robotics technology.
The new funding round was first reported by the Wall Street Journal and was led by venture capital firm Kleiner Perkins. Other notable investors include the venture arms of Volkswagen, which has a partnership with Rivian on a software joint venture, and Salesforce. This brings Mind Robotics’s total funding to over $1 billion, with its valuation exceeding $3 billion, according to the WSJ.
Mind Robotics was created by Rivian CEO RJ Scaringe in 2025, initially under the name “Project Synapse,” to develop robotics capable of human-like skills for industrial automation. It previously raised $115 million from Eclipse. Scaringe stated in March that the company aims to build robots that can automate factory operations more effectively, as existing startups were not fully equipped for this task.
Why It Matters
This funding milestone highlights the growing importance of industrial robotics in manufacturing, especially as companies seek to automate more complex tasks. It also indicates strong investor confidence in Mind Robotics’s technology and potential to transform factory automation, which could influence broader industry trends and Rivian’s strategic positioning.
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Background
Rivian, known for electric trucks and SUVs, spun out Mind Robotics in 2025 to focus on advanced automation solutions. The company’s initial funding was $115 million from Eclipse, and it has since attracted major investors. The recent $400 million round follows a pattern of increasing investment in robotics startups, driven by the push for smarter, more adaptable manufacturing processes. Scaringe’s involvement in multiple ventures, including the micromobility firm Also, which has raised over $300 million, reflects his broader interest in innovative transportation and automation technologies.
“We’re building robotics with human-like skills to revolutionize factory automation.”
— RJ Scaringe, Rivian CEO and Mind Robotics chairman
“The level of investor interest reflects confidence in Mind Robotics’s potential to lead in industrial automation.”
— A venture capital representative involved in the funding
What Remains Unclear
Details about the specific technologies Mind Robotics is developing and its commercial deployment timeline remain unclear. It is also not confirmed how the new funding will be allocated or the company’s exact growth plans in the near term.
What’s Next
Next steps include further product development, potential pilot programs with manufacturing partners, and possible future funding rounds. The company is expected to demonstrate tangible automation solutions in the coming months as it advances its robotics platform.
Key Questions
What does Mind Robotics do?
Mind Robotics develops industrial robots with human-like skills aimed at automating factory operations more effectively.
Who are the main investors in this funding round?
Kleiner Perkins led the round, with contributions from Volkswagen’s venture arm and Salesforce.
How much funding has Mind Robotics raised overall?
More than $1 billion, including previous investments and the latest $400 million round.
What is the company’s valuation?
Its valuation exceeds $3 billion, according to the Wall Street Journal.
What are the next milestones for Mind Robotics?
Developing and testing new robotics solutions, moving toward commercial deployment, and potentially raising more capital.
