Overview
- Rivian disclosed Mind Robotics as a standalone company in its Q3 materials and said it secured around $110 million in external seed capital.
- Company statements say Mind will apply industrial AI, using Rivian operations data to create a robotics data flywheel with overlap to work in autonomy and so‑called physical AI.
- CEO RJ Scaringe said the goal is to develop robotic solutions that run Rivian’s manufacturing plants more efficiently, with Rivian remaining a close partner and shareholder.
- Dataconomy reports Eclipse led a $115 million seed round, citing a LinkedIn post by partner Jiten Behl, while Rivian has only publicly referenced roughly $110 million and shared few specifics.
- This is Rivian’s second spinoff this year after Also Inc., where it retained a 40.6% stake, reflecting a strategy to pursue adjacent tech while keeping the core vehicle business focused.