Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered factory robots, raised $500M led by Accel and a16z, source says at a $2B valuation
Mind Robotics is building factory robots, joining up with the electric-vehicle maker on training and testing
Wall Street Journal Kate Clark
Related Coverage
- Mind Robotics Announces $500M Financing to Support Deployment of AI-Powered Robots at Industrial Scale Mind Robotics
- Investing in Mind Robotics Andreessen Horowitz · Sarah Wang
- Rivian CEO RJ Scaringe secures $500M for industrial robotics startup after record seed round Silicon Valley Business Journal · Gary J. Boulanger
- Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots TechCrunch · Sean O'Kane
- Rivian Robotics Spin-off Secures $500 Million in New Round EV · Matilde Alves
- We incubated this company at Eclipse and Rivian a few months back with RJ Scaringe, based on our manufacturing expertise and the opportunity to transform these industries through robotics and AI. … Lior Susan
- After 12 incredible years, today marks the end of one chapter and the beginning of another. I'm transitioning from Founder/CEO of TruckLabs, to a founding team member at Mind Robotics! … Daniel Burrows
- Rivian spinout Mind Robotics valued at $2 billion in Series A funding round Reuters · Akash Sriram
- Rivian CEO launches robotics startup with $500M funding round: report Crain's Chicago Business · Ally Marotti
- Bay Area startup founded by Rivian CEO lands $500M to deploy AI-powered robots in factories San Francisco Business Times · Gary J. Boulanger
- Mind Robotics Raises $500 Million to Improve Industrial Robots PYMNTS.com
- Exciting news to share 🧠 🤖 — Kate Clark at the The Wall Street Journal reported “Rivian CEO's AI-Powered Robotics Startup Raises $500 Million … Marina Hoffmann
- Excited to share a big milestone for the team here at Mind Robotics. I couldn't be more excited to be on this journey! Let's go 🤖 🥳 Sophia Ho-Sing-Loy
Discussion
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@a16z
@a16z
on x
At Rivian, RJ Scaringe tried to find a robotics partner to scale their factory options. When he couldn't, he decided to build it himself. We're excited to partner with Mind Robotics for their $500M Series A to build and deploy AI-enabled robotic systems at industrial scale. [imag…
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@sarahdingwang
Sarah Wang
on x
Very few founders have built and scaled a vertically integrated hardware company in the modern era. @RJScaringe is one of them. At Mind, he's building the robotics partner @Rivian wanted but couldn't find. We believe robotics is just starting to enter its compounding phase. The
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@rjscaringe
RJ Scaringe
on x
I am excited to announce Mind Robotics' $500M financing, co-led by @Accel and @a16z! Mind is focused on building the world's leading industrial robotics platform, capable of performing dexterous, variable, and reasoning-intensive tasks. Existing industrial robotics can perform [i…