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The story behind the story

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Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered robots for manufacturing tasks, raised $400M, a source says at a $3.4B valuation

Wall Street Journal Sean McLain

Discussion

  • @ilyaf Ilya Fushman on x
    RJ Scaringe has already done something extraordinarily hard: built @Rivian into one of the most ambitious vertically integrated manufacturing companies in the world. That matters for @Mind_Robotics. RJ has lived the complexity industrial robotics requires across hardware,
  • @sarahdingwang Sarah Wang on x
    .@RJScaringe's work at Rivian puts him in the exclusive class of founders who have vertically integrated hardware at scale, and he's running it back at Mind. Congrats to @Mind_Robotics, they are cooking with gas. [image]
  • @kleinerperkins @kleinerperkins on x
    Mind Robotics starts with what industrial robotics needs to work at scale: a live manufacturing environment, a large-scale data flywheel, reliable hardware expertise, deep industrial systems knowledge, and an at-scale first customer. With @Rivian as a key partner and shareholder,…
  • Anjli Jain Anjli Jain on linkedin
    Rivian Spinoff Mind Robotics Secures $400M in Latest Funding Round  —  The successful $400M raise by Mind Robotics exemplifies how strategic spinoffs can generate significant value. …
  • Marina Hoffmann Marina Hoffmann on linkedin
    Sean McLain published a story in The Wall Street Journal about Mind Robotics: “Rivian CEO's Robotics Company Raises $400 Million.” …
  • @niedermeyer.online E.W. Niedermeyer on bluesky
    no hate, but like... Rivian's track record on manufacturing is pretty far from the kind of thing you look at and think “these guys have it all figured out” [embedded post]