PingWest reported on March 13 that Mind Robotics, an industrial robotics company spun off from electric vehicle manufacturer Rivian, announced the completion of a $500 million Series A financing round, co-led by Accel and Andreessen Horowitz. Previously, the company had completed a $115 million seed round by the end of 2025, bringing its total financing to $615 million, with a valuation of approximately $2 billion.
Mind Robotics was founded by Rivian founder and CEO RJ Scaringe, who also serves as its chairman. The company aims to address the limitations of traditional industrial automation in flexible manufacturing—existing robots excel at repetitive tasks but struggle with high-value processes that require human-like dexterity, adaptability, and physical reasoning. Leveraging real production line data from Rivian's factory, Mind Robotics is building a full-stack technology system that includes AI models, dedicated hardware, and deployment infrastructure.
Scaringe emphasized that the company will focus on practical industrial robots rather than pursuing &#34;flipping&#34; performances of humanoid robots. He revealed that the first batch of robots will be deployed on a large scale by the end of this year. Additionally, Rivian's self-developed autonomous driving chips are expected to be used in Mind Robotics, enhancing its edge computing capabilities.
This move marks Rivian's acceleration of technology spillover, following the spin-off of electric mobility company Also in 2025, and further incubating high-potential hard tech enterprises.
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Mind Robotics completed a $500 million Series A financing, led by Accel and Andreessen Horowitz, with total funding reaching $615 million and a valuation of approximately $2 billion. The company was founded by Rivian founder RJ Scaringe and focuses on addressing the limitations of traditional industrial automation in flexible manufacturing, planning to deploy its first practical industrial robots on a large scale by the end of this year. Rivian's autonomous driving chips will also be used in Mind Robotics to enhance its edge computing capabilities

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Mind Robotics completed a $500 million Series A financing, focusing on the intelligence of industrial robots