When was Mind founded?

Mind was founded in 2025 and became a unicorn in 2026.

Where is Mind located?

Mind is headquartered in Palo Alto, United States.

Who is the current CEO of Mind?

RJ Scaringe of Mind. They have also founded 1 company.

Is Mind a funded company?

Mind is a funded company, having raised a total of $1.02B across 3 funding rounds to date. The company's 1st funding round was a $115M Seed round, raised on Nov 04, 2025.

How much is Mind worth?

The latest valuation of Mind is $3B as of May 13, 2026.

When was the latest funding round of Mind?

Mind's latest funding was a $400M Series A round on May 13, 2026, with participation from 12 investors. Its primary sector is Industrial Robotics. In United States, the Industrial Robotics sector has seen $3.82B in funding in 2026 to date.

Is Mind a Industrial Robotics company?

The primary sector of Mind is Industrial Robotics.

Where does Mind rank among its competitors?

Mind ranks 24th amongst 176 active competitors, of which 39 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was X Square Robot, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Mind?

Mind's top competitors include Flexiv Robotics, Yaskawa and Orangewood Labs. Among them, X Square Robot secured the most recent funding round in June, 2026.

Mind - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Mind operate in

Mind serves in the High Tech market segments.The primary business model of Mind is:

High Tech > Industrial Robotics > ***** **** > ***** ******

Company Details

Developer of robotic platform designed for industrial deployment and manufacturing tasks. The platform leverages advancements in Physical AI to generalize across core tasks. It scales across manufacturing domains, designed to work alongside humans. The platform is initially focused on mastering automotive manufacturing environments.

Key Metrics

Founded Year

2025

Location

Palo Alto, United States

Stage

Series A

Total Funding

$1.02B in 3 rounds

Latest Funding Round

Series A, May 13, 2026, $400M

Post Money Valuation

$3B as on May 13, 2026

Investors

Accel & 12 more

Ranked

24^th among 176 active competitors

Similar Companies

Flexiv Robotics & 101 more

View Mind's full profile

Mind has raised a total funding of $1.02B over 3 rounds. Its first funding round was on Nov 04, 2025. Its latest funding round was a Series A round on May 13, 2026 for $400M. 12 investors participated in its latest round. Mind has 13 institutional investors.

Here is the list of recent funding rounds of Mind:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 13, 2026	$400M	Series A	$3B	-	-	Meritech, Redpoint Ventures, SV Angel, Incharge Capital Partners, A Star, Garuda, Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures, Greenoaks
Mar 11, 2026	$500M	Series A	$1B	-	Accel, Andreessen Horowitz	-
Nov 04, 2025	$115M	Seed	-	-	Eclipse	Bessemer Venture Partners

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View details of Mind's funding rounds and investors

The founders of Mind is RJ Scaringe. RJ Scaringe is the CEO of Mind.

Here are the details of Mind's key team members:

RJ Scaringe: Founder & CEO of Mind and founder of 1 other company.
Contact Info: 1 email address

View details of Mind's Founder profiles and Board Members

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Top competitors of Mind include Flexiv Robotics, Yaskawa and Orangewood Labs. Here is the list of Top 10 competitors of Mind, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flexiv Robotics 2016, Santa Clara (United States), Series C	Manufacturer of adaptive robots and robotic solutions for industrial automation	$322M	Meituan, Yonggui Fund & 21 others	69/100
2nd	Yaskawa 1915, Kitakyushu (Japan), Public	Manufacturer of servo motors, AC drives, industrial robots, and controllers	-	-	63/100
3rd	Orangewood Labs 2016, San Francisco (United States), Series A	Manufacturer of AI-powered robotic arms for industrial automation	$4.65M	7percent Ventures, Y Combinator & 9 others	63/100
4th	Generalist AI 2024, San Mateo (United States), Series A	Developer of robots and related data, models, and hardware solutions	$500M	Radical Ventures, Spark Capital & 12 others	62/100
5th	Doosan Robotics 2015, Suwon-si (South Korea), Public	Manufacturer of AI-powered collaborative and industrial robotic solutions	$33.7M	Korea Investment Partners, Praxis Capital	61/100
6th	Rise Robotics 2012, Boston (United States), Series B	Developer of Beltdraulic technology for efficient linear actuation and industrial machine applications	$26.3M	Engine, Eclipse & 10 others	61/100
7th	Vicarious 2010, San Francisco (United States), Acquired	Developer of AI-based robotic arms	$250M	Formation 8, Founders Fund & 49 others	60/100
8th	Universal Robots 2005, Odense (Denmark), Acquired	Manufacturer of collaborative robots for industrial automation tasks	$5.31M	Vaekstfonden, Syddansk Innovation & 5 others	60/100
9th	Elite Robots 2016, Suzhou (China), Series D	Manufacturer of collaborative robots offering warehouse automation solutions	$142M	Ceyuan Ventures, Shanghai Zhangjiang Technology Venture Capital ... & 14 others	57/100
10th	X Square Robot 2021, Shenzhen (China), Series C	Developer of robotic solutions using general embodied intelligence large models	$723M	HSG, Xiaomi & 13 others	57/100
24th	Mind 2025, Palo Alto (United States), Series A	Developer of robotic platform designed for industrial deployment and manufacturing tasks	$1.02B	Meritech, Greenoaks & 11 others	49/100