All posts tagged: mind robotics

RJ Scaringe has raised more than billion across three startups and investors still want more

RJ Scaringe has raised more than $12 billion across three startups and investors still want more

Published by skeptic

Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur best known for his EV company Rivian, has raised more than $12.3 billion from venture capital firms, as well as strategic and institutional investors for his three — and counting — startups. If the latest $400 million raise for his new venture Mind Robotics is an indicator, investors are still happily piling in. Outsized raises for newly minted startups have become more common in recent years. But those hundred-million-plus seed rounds have generally been reserved for buzzy defense tech startups or AI companies founded by former OpenAI or Anthropic employees. Those supersized seeds certainly weren’t flowing toward something as niche as an electric micromobility startup. And yet in 2025, Scaringe raised $105 million for exactly that — a startup called Also, which he founded that same year. The total has since surpassed $300 million, with DoorDash among its backers. Jiten Behl, partner at Eclipse and former chief growth officer at Rivian, has spent years watching …

Rivian spinoff Mind Robotics raises another 0M

Rivian spinoff Mind Robotics raises another $400M

Published by skeptic

Rivian’s spinoff company Mind Robotics has raised another $400 million, just two months after raising $500 million, as it works to develop industrial robotics that can further automate factory operations. The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. The venture arms of Volkswagen, which is partnered with Rivian on a software joint venture, and Salesforce also contributed investments. Rivian CEO RJ Scaringe, who is chairman of Mind Robotics, told TechCrunch in March that he created the company because he felt other startups were not fully-equipped to automate industrial work. He started the project — initially known as “Project Synapse” — as an effort to build “robotics with human-like skills.” Mind Robotics had previously raised $115 million from Eclipse after it was created in 2025. The new funding round brings the total raised to more than $1 billion, and values Mind Robotics at more than $3 billion, according to the Wall Street Journal. Scaringe also helped create and spin out a micromobility company called Also, which has raised more …