Rivian spinoff Mind Robotics raises another $400M

Mind Robotics raised another $400 million just two months after a prior $500 million round.

The latest financing was led by Kleiner Perkins, with backing from Volkswagen and Salesforce venture arms.

The Rivian spinoff is now valued at more than $3 billion, with total funding topping $1 billion.

The new capital will help accelerate its push to automate factory work with industrial robotics.