Mind Robotics, an industrial robotics lab spun out of electric vehicle maker Rivian, has raised $500 million in a Series A funding round. The financing was co-led by venture firms Accel and Andreessen Horowitz.
This new investment follows a $115 million seed round led by Eclipse in late 2025. In the few months since its founding, Mind Robotics has now raised a total of $615 million. This latest round values the startup at approximately $2 billion.
The company was created by Rivian CEO and founder RJ Scaringe and was formally spun out of Rivian in November 2025, with Scaringe serving as chairman. The core idea is to use data from Rivian’s own electric vehicle factory to train industrial robots to be more dexterous and adaptable, providing a real-world venue to prove their usefulness.
According to the company, Mind Robotics was founded to address a structural gap in current industrial automation. While existing robotics excel at repeatable tasks, a significant portion of factory work requires human-like dexterity, adaptation, and physical reasoning that classical robots cannot manage. Mind Robotics is building an AI foundation of models, hardware, and deployment infrastructure to close that capability gap.
Scaringe stated that Mind Robotics plans to deploy a large number of robots by the end of this year. He has emphasized that the startup will focus on more traditional factory robot designs rather than the humanoid robots that have gained recent attention. In his words, doing cartwheels does not create value in manufacturing.
Beyond providing training data and a deployment site, Rivian and Mind Robotics may collaborate in other ways. In December, Rivian announced it had been developing its own custom silicon to power the autonomous vehicle software for its cars. Scaringe noted that it doesn’t take much imagination to think Rivian might sell those custom chips to Mind Robotics, suggesting the robotics processor could work very well for that application.
Mind Robotics is the second company Rivian spun out in 2025. The first was Also, an electric mobility company that began with a high-end modular e-bike and small electric cargo vehicles for Amazon. Also was also backed by Eclipse and has since raised an additional $200 million, with its valuation currently around $1 billion.