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

The startup, which was created by Rivian founder RJ Scaringe, is looking to train on data from, and deploy in, Rivian's factory. Plus, Replit raised a new $400 million round and said it hopes to have $1B in ARR by year's end. And, Breakout Ventures is finding growing success by backing early-stage startups in scientific fields such as biology and chemistry. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Canopii's robotic farms can autonomously grow 40,000 pounds of herbs and leafy greens a year while being the size of a basketball court. Also, Legora, an AI platform for lawyers, is now valued at $5.55 billion following a $550 million Series D led by Accel to fuel its growth in the U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices

-The fund currently offers retail investors exposure to eight startups, including Mercor, Ramp, and Stripe, with plans to expand its portfolio. -Unlike a vibe-coded product built by a college dropout, Eridu's co-founder, Drew Perkins, has been inventing networking tech since the dawn of the internet. -The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The startup, co-founded by Tesla and Apple alumni, has sold nearly 1,000 of its motorbikes so far. Also, AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A source close to the company says the round assigns Science a post-money valuation of $1.25 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The AI-powered customer support startup is the latest example of a fast-growing, young company that's providing employee liquidity. Also, Crunchbase data shows a record $189 billion of global venture capital flowed to startups last month, with AI startups nabbing 90% of the capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Some AI founders are using a novel valuation mechanism to manufacture unicorn status. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fig traces data flows in the security stack and then alerts security teams when changes at any point affect detection or response capabilities. Also, the four-year-old startup Cursor saw its revenue run rate double over the past three months, according to one Bloomberg source. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After wooing Cal AI for months, MyFitnessPal has successfully acquired its up-and-coming rival, Cal AI, the app built by teens soaring on the apps stores. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cami Tellez announces launch of new company, $4 million raise. Learn more about your ad choices. Visit podcastchoices.com/adchoices