Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots

Cristiana Gigina

Mind Robotics, an industrial robotics lab spun out of the electric vehicle maker Rivian, has raised $500 million in a Series A funding round co-led by venture firms Accel and Andreessen Horowitz. The financing, announced Wednesday, follows a $115 million seed round that was led by Eclipse in late 2025, bringing Mind Robotics’ total fundraising to $615 million in the few months since its founding. This round brings the startup’s valuation to around $2 billion, according to The Wall Street

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