Mind Robotics, an industrial robotics startup spun off from EV maker Rivian, has closed its latest funding round with $400 million in funding.
The financing brings total investment in the company to more than $1 billion, following a seed financing of $115 million in late 2025 and a Series A of $500 million in March.
Founded in November 2025, the Palo Alto-based company was set up “to automate industrial and manufacturing tasks at scale,” according to a release.
To that end, Mind said it is building a full-stack platform of foundation models, purpose-built robotics, and deployment infrastructure, using experience from Rivian’s EV factory to give robots more dexterous and adaptive capabilities.
Rivian is both a strategic partner and shareholder in the company.
“We are excited about the technology and product roadmap we are developing at Mind, with a focus on scaled deployments,” RJ Scaringe, Founder of Mind, said in the release.
Mind Robotics’ position in the industrial robotics sector comes at a pivotal moment, as advances in AI drive faster, more advanced applications as companies turn to automation to address labor shortages and productivity requirements.
In its March announcement of the $500 million funding round, Mind said its systems will be designed to perform reasoning-intensive tasks such as assembly, material handling, inspection, and precision manipulation.
“Existing industrial robotics can perform repeatable, dimensionally stable tasks, but a large share of factory value-add work requires human-like dexterity, adaptation, and physical reasoning that classical robotics cannot address,” the release said.
Existing investors included in the round were Andreessen Horowitz, Accel, Eclipse and Bain Capital, among others.
The round was led by Kleiner Perkins, with participation from Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital and Garuda Ventures.