tech

March 11, 2026

Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots

The startup, which was created by Rivian founder RJ Scaringe, is looking to train on data from, and deploy in, Rivian's factory.

Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots

TL;DR

  • Mind Robotics, an industrial robotics lab from Rivian, raised $500 million in a Series A funding round co-led by Accel and Andreessen Horowitz.
  • The company aims to address a gap in current industrial automation by building AI foundations for robots with human-like dexterity and adaptability.
  • Mind Robotics was founded by Rivian CEO RJ Scaringe and will leverage data from Rivian's factory for robot training and deployment.
  • The startup has raised a total of $615 million, with a current valuation around $2 billion.
  • Mind Robotics focuses on traditional factory robot designs rather than humanoid robots.

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