Episode Details

Mind Robotics, a Rivian spinoff focused on factory automation, has secured an additional $400 million in funding, just two months after a $500 million raise. This brings their total funding to over $1 billion, valuing the company at $3 billion. The latest round was led by Kleiner Perkins, with investments from Volkswagen and Salesforce. Founded by Rivian CEO RJ Scaringe, Mind Robotics aims to create machines with human-like skills to enhance industrial work, starting with their internal project Synapse. Scaringe is also behind Also, a micromobility venture that has already raised over $300 million.

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