Mind Robotics, a side project by RJ Scaringe, the founder of Rivian Automotive, has achieved over $1 billion in total investments following a recent $400 million funding round. This latest investment was led by Kleiner Perkins and includes contributions from new investors such as Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital, and Garuda Ventures. Existing investors like Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures, and Greenoaks also participated. Based in Palo Alto and launched in 2025, Mind Robotics is focused on developing AI-driven robotic models, hardware, and deployment infrastructure to innovate future vehicle production by replacing traditional industrial robotics. Rivian holds a significant stake in the company, with Scaringe serving as chairman. In March, Mind Robotics completed a $500 million Series A funding round. Scaringe expressed enthusiasm for the company’s technological advancements and product plans, emphasizing the goal of large-scale deployments. Kleiner Perkins Partner Ilya Fushman highlighted Mind Robotics’ unique capability to implement general-purpose robotics in real-world manufacturing settings.
Has Rivian’s Founder Secured $400M for His New Venture?
