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#Rivian

3 articles

RJ Scaringe has raised $12 billion across three startups, and investors are still queueing up

RJ Scaringe has raised over $12.3 billion across three startups, with investors still eager to back his ventures in electric vehicles, micromobility, and AI robotics.

May 1617

business

Volkswagen just became Rivian’s biggest investor. It is not buying trucks. It is buying the software its own engineers could not build.

Volkswagen has become Rivian’s largest shareholder, investing in the electric vehicle startup's advanced software capabilities rather than its trucks. This move signals a broader industry trend where software is becoming the key differentiator in automotive innovation.

May 516

tech

Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots

Mind Robotics, a spin-out from Rivian founded by CEO RJ Scaringe, has raised $500 million to develop AI-powered industrial robots. The company plans to leverage data from Rivian's factory to train its systems and deploy robots in manufacturing environments.

Mar 1179