Mind Robotics Secures $400 Million Funding Round Led By Kleiner Perkins At $3.4 Billion Valuation

Mind Robotics, the industrial robotics startup founded by RJ Scaringe, raised $400 million in a new financing round led by Kleiner Perkins at a reported valuation of $3.4 billion. The transaction included participation from new investors such as Meritech Capital, Redpoint Ventures, and SV Angel, as well as existing investors including Andreessen Horowitz, Accel, and Eclipse. This funding round brings Mind Robotics’ total funding to over $1 billion since its launch in late 2025.

Summary of transaction details:

• Deal Type: Investment
• Transaction Amount: $400,000,000
• Valuation: $3,400,000,000
• Headquarters: Palo Alto, California
• Founder: RJ Scaringe
• Notable Investors: Kleiner Perkins, Volkswagen, Salesforce, Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital, Garuda Ventures, Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures & Greenoaks

Mind Robotics is focused on developing AI-powered industrial robotics systems aimed at automating complex factory tasks that require human-like dexterity and reasoning. Rivian functions as both a strategic partner and the deployment environment for Mind Robotics' initiatives, enhancing operational capabilities within the robotics sector.