The Billion Dollar Bet on Automation Rivian's spinoff Mind Robotics has become a poster child for industrial robotics innovation, but at what cost?
Another $400 million influx of funding brings its total raised to over $1 billion, valuing it at a staggering $3 billion.
This latest round, led by Kleiner Perkins and including investments from Volkswagen and Salesforce's venture arms, highlights the drive towards automation gaining momentum.