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

Kleiner Perkins leads Mind Robotics' next round of financing to scale deployment of AI-powered robots in live manufacturing environments.

PALO ALTO, Calif.--(BUSINESS WIRE)--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.”

About Mind Robotics: Mind Robotics is an AI-enabled industrial robotics company headquartered in Palo Alto, California. Founded by RJ Scaringe in 2025, Mind Robotics is building the full-stack platform of foundation models, purpose-built robotics, and deployment infrastructure to automate industrial and manufacturing tasks at scale. Mind Robotics is powered by a rapidly growing team with deep expertise spanning AI, robotics, and industrial manufacturing.

Forward-Looking Statements: This press release contains forward-looking statements, including, without limitation, statements related to the future sale of shares of Series A-1 Preferred Stock by Mind Robotics, Inc. All statements contained herein, other than statements of historical fact, are forward-looking statements. The words “expect,” “will,” and other similar expressions are intended to identify forward-looking statements. These statements are based on management’s current expectations and beliefs. These expectations and beliefs are expressed in good faith and are believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will be achieved. By their nature, forward-looking statements involve known and unknown risks, delays, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future, whether or not outside the control of the company. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends included in this press release may not occur and actual results could differ materially and adversely from those anticipated, expressed or implied in the forward-looking statements. You should not place undue reliance on forward-looking statements. The company does not undertake an obligation to update the forward-looking statements, except as required by applicable law.

The offer and sale of the securities described herein have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”), or any other securities laws, and the securities cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the securities, nor will there be any sale of the securities in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful.