Overview
- The startup raised $400 million led by Kleiner Perkins, lifting its valuation to $3.4 billion and taking total funding above $1 billion.
- New backers include Meritech Capital, Redpoint Ventures, SV Angel, Volkswagen-linked Incharge Capital, Salesforce Ventures, A‑Star Capital, and Garuda Ventures.
- Rivian, a shareholder in the spinoff, is hosting live deployments inside its Normal, Illinois plant to train the robots on real production work.
- Mind Robotics builds an end-to-end system that blends large AI models with purpose-built machines and rollout software to handle variable, judgment-heavy factory tasks.
- Founder RJ Scaringe frames the push as a way to ease U.S. factory labor gaps and cut costs, pointing to broader interest from manufacturers seeking more adaptable automation.