Advertising shown on Serve Robotics Inc.’s automated delivery robot could someday fully fund the business, its chief executive officer said in an interview.

It's the second time this year Rivian has spun out a new company, after it created micromobility startup Also in March.

Discover how Serve Robotics’ rapid robot deployment, AI integration, and partnerships drive projected 10x revenue growth in 2026.

Rivian, the electric vehicle maker known for its sleek, adventure-ready designs, is venturing into robotics. The Irvine, Calif.-based company’s newest spinoff, Mind Robotics, focuses on applying A.I.-powered robots to industrial settings. The spun-off entity has already raised $115 million in funding.

The sector saw a 66% year-over-year increase with construction technology investments posting three-fold growth, per a Nymbl Ventures report.

Before we get to today’s column, Steph and Sri broke news Tuesday night about a flurry of investments VCs are making in so-called “neolabs,” or new labs hoping to exploit approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked.

Cornerstone Robotics announced today that it closed an oversubscribed financing round worth approximately $200 million.

Next-Generation motion capture from Xsens combines smarter sensors, seamless connectivity, and adaptive design to deliver precise, real-world motion data.

Following in the footsteps of Tesla, which is developing a humanoid robot called Optimus, Rivian on Tuesday announced its entry into the world of robotics.