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Mind Robotics Announces $400M in New Funding to Expand Industrial Robotics Deployment

Insider Brief

  • Mind Robotics announced a $400 million financing round led by Kleiner Perkins, bringing total investment in the industrial robotics startup to more than $1 billion.
  • The round included new investors Meritech Capital, Redpoint Ventures, Incharge Capital, A-Star Capital, Garuda Ventures and SV Angel alongside existing backers including Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures and Greenoaks.
  • Mind Robotics said it is developing an industrial robotics platform combining foundation models, robotics hardware and deployment infrastructure aimed at automating dexterous manufacturing tasks, with Rivian serving as a key deployment and training partner.

Industrial robotics startup Mind Robotics has raised $400 million in new funding led by Kleiner Perkins, bringing total investment in the company to more than $1 billion.

According to Mind Robotics, the round included new investors Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital and Garuda Ventures, alongside existing backers Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures and Greenoaks.

“We are excited about the technology and product roadmap we are developing at Mind, with a focus on scaled deployments,” founder RJ Scaringe said in the announcement. “We are proud to have Kleiner Perkins and our full investor coalition behind us.”

The financing follows a $115 million seed round completed in late 2025 and a $500 million Series A announced in March 2026.

Mind Robotics is developing an industrial robotics platform is says combines AI foundation models, robotics hardware and deployment infrastructure aimed at automating dexterous manufacturing tasks that traditionally require human reasoning and manual labor.

“Robotics is the ultimate frontier,” noted Ilya Fushman, partner at Kleiner Perkins. “It is poised to become one of the biggest markets, and advances in models and hardware are coming together to make this possible. Mind Robotics has unique access to all the ingredients required to make general-purpose robotics work in real-world manufacturing, and we’re thrilled to lead this round.”

The company operates closely with Rivian, which launched Mind Robotics as a spinout and remains both a model training and deployment partner. According to Mind Robotics, Rivian’s manufacturing operations provide real-world industrial data and production environments used to train and deploy physical AI systems.

—Mind Robotics today announced a $400 million financing led by Kleiner Perkins, bringing total investment in Mind Robotics to more than $1 billion. This financing included participation from new investors including Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital, and Garuda Ventures as well as existing investors including Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures, and Greenoaks. This follows a seed financing of $115M in late 2025 and a Series A of $500M in March 2026.

Mind Robotics is building the world’s leading industrial robotics platform, combining foundation models, robust hardware, and deployment infrastructure to automate dexterous, reasoning-intensive manufacturing tasks at scale. The company operates with Rivian as a key partner and shareholder, providing a live, high-volume manufacturing environment for model training and deployment.

“We are excited about the technology and product roadmap we are developing at Mind, with a focus on scaled deployments,” said RJ Scaringe, Founder of Mind Robotics. “We are proud to have Kleiner Perkins and our full investor coalition behind us.”

“Robotics is the ultimate frontier,” said Ilya Fushman, Partner at Kleiner Perkins. “It is poised to become one of the biggest markets, and advances in models and hardware are coming together to make this possible. Mind Robotics has unique access to all the ingredients required to make general-purpose robotics work in real-world manufacturing, and we’re thrilled to lead this round.”

Greg Bock
About the author
Greg Bock

Greg Bock is an award-winning investigative journalist with more than 25 years of experience in print, digital, and broadcast news. His reporting has spanned crime, politics, business and technology, earning multiple Keystone Awards and a Pennsylvania Association of Broadcasters honors. Through the Associated Press and Nexstar Media Group, his coverage has reached audiences across the United States.

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