Mind Robotics
A robotics startup spun off from the US electric vehicle manufacturer Rivian to operate independently. It focuses on the robotics business and adopts its own financing cadence and business model.
Timeline (last 90 days)
Mind Robotics is a robotics startup spun off from Rivian, and the information it has disclosed publicly so far is quite limited, with the RSS feed using 'secretive' to describe its state.
Spinning off the robotics business into an independent company allows it to raise funds separately and be valued separately, lets the team obtain an independent option pool, and lets the parent company avoid having the high investment in robotics R&D drag down the financial statements of its vehicle business.
Mind Robotics, the robotics company spun out of Rivian, has brought on board Doug Field, Ford's former head of electric vehicle business.
There is no further public information yet on Field's specific role and scope of responsibilities at Mind Robotics.
The collaborative relationship between Rivian and Mind Robotics — whether they share a technology stack and supply chain or develop independently — will affect the boundaries of the resources Field can mobilize.
All Facts (5)
There is no further public information yet on Field's specific role and scope of responsibilities at Mind Robotics.
60%UnverifiedMind Robotics, the robotics company spun out of Rivian, has brought on board Doug Field, Ford's former head of electric vehicle business.
60%UnverifiedMind Robotics is a robotics startup spun off from Rivian, and the information it has disclosed publicly so far is quite limited, with the RSS feed using 'secretive' to describe its state.
50%UnverifiedSpinning off the robotics business into an independent company allows it to raise funds separately and be valued separately, lets the team obtain an independent option pool, and lets the parent company avoid having the high investment in robotics R&D drag down the financial statements of its vehicle business.
50%UnverifiedThe collaborative relationship between Rivian and Mind Robotics — whether they share a technology stack and supply chain or develop independently — will affect the boundaries of the resources Field can mobilize.
50%