# Your Factory Doesn't Need a Robot That Can Do Cartwheels

- slug: your-factory-doesnt-need-a-robot-that-can-do-cartwheels
- date: 2026-03-28
- category: Robotics

Mind Robotics just raised $500 million at a $2 billion valuation to tell the robotics industry it has been thinking about this all wrong.

The company, spun out of electric vehicle maker Rivian in November 2025, is not building humanoids.

---