Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots
Rivian spin-out Mind Robotics secured $500 million in Series A funding, valuing the industrial AI robotics startup at $2 billion.Summary
Mind Robotics, an industrial robotics lab spun out of Rivian in November 2025, has raised $500 million in a Series A funding round co-led by Accel and Andreessen Horowitz. This brings the total raised to $615 million following a $115 million seed round, establishing a valuation of approximately $2 billion. Founded by Rivian CEO RJ Scaringe, who serves as chairman, the company aims to address limitations in current industrial automation by building AI foundations—models, hardware, and infrastructure—to enable robots with human-like dexterity for factory value-add work, utilizing data from Rivian's EV factory for training. Scaringe emphasized a focus on traditional factory robot designs over humanoid robots, stating that "Doing cartwheels does not create value in manufacturing." Furthermore, there is potential collaboration where Rivian might sell its custom-developed silicon chips, intended for autonomous vehicle software, to Mind Robotics for use in their robotics processors. Mind Robotics is the second company Rivian spun out in 2025, following Also, an electric mobility company.
(Source：TechCrunch)