Mobileye agrees to acquire Mentee Robotics for $900 million

Mobileye agrees to acquire Mentee Robotics for $900 million

Mobileye Global has agreed to acquire Mentee Robotics in a cash-and-stock deal valued at $900 million, comprising $612 million in cash and up to 26.2 million shares of Mobileye Class A common stock. The deal is expected to close in the first quarter of 2026; Mentee will continue as an independent unit within Mobileye.

Mentee Robotics was founded in 2022 by Amnon Shashua, Lior Wolf, and Shai Shalev-Shwartz. Shashua, who serves as chairman of Mentee and simultaneously as CEO of Mobileye, is among the most cited researchers in computer vision. Wolf previously served as research scientist and director at Facebook AI Research for over six years. Shalev-Shwartz is a machine learning researcher known for foundational work in online learning and optimisation. The company is headquartered in Herzliya, Israel, scaled to a team of 70 to 100 people within two years of founding, and emerged from stealth in April 2024 with the MenteeBot prototype. Total funding raised prior to the acquisition was approximately $38 million, from investors including Ahren Innovation Capital, Samsung NEXT, Cisco Investments, and Mobileye Global itself.

The transaction structure required specific governance handling. Shashua, who serves on Mobileye's board and as its CEO, recused himself from the vote. The acquisition was proposed by a strategic committee of independent directors and approved by Intel, which controls approximately 85% of Mobileye. Mentee's last disclosed private valuation was $162 million at a financing round in March 2025, according to PitchBook. The $900 million consideration represents a roughly 5.5x multiple on that figure in under ten months; Mentee had no reported revenue at the time of the deal.

The specific technology Mobileye cited as central to the acquisition is Mentee's Real2Sim2Real training pipeline, a simulation-to-reality transfer approach that runs reinforcement learning on a simulated version of the robot using unlimited synthetic data, then adapts the learned behaviours to the physical world with minimal real-world data requirements. Mobileye noted that Mentee's VLA models and Sim2Real transfer techniques would also strengthen its core autonomous driving stack by improving generalisation in long-tail scenarios and accelerating adaptation to new environments. The transfer runs in both directions; the acquisition is framed as a synergy across Mobileye's automotive AI and Mentee's humanoid platform rather than a pure diversification.

MenteeBot V3 uses hot-swappable batteries, runs on dual NVIDIA Jetson Orin AGX processors for onboard edge computing, and carries proprietary actuators, motor drivers, robotic arms with tactile sensing. Mobileye's existing automotive OEM customer relationships are cited as a potential commercial bridge; manufacturers already purchasing Mobileye driver-assistance systems are potential buyers for factory floor automation robots.

The disclosed commercial timeline runs from proof-of-concept engagements in fulfilment centres and assembly environments in 2026, through a first experimental manufacturing batch with partner Aumovio in 2027, toward commercial deployment in structured environments in 2028, with a projected unit cost of approximately $20,000. No customer names for the 2026 proof-of-concept programme have been disclosed.

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