Mobileye rises after $900 million deal for humanoid robotics startup Mentee

Mobileye Global

06/01/2026 21:22

** Shares of self-driving technology firm Mobileye Global MBLY.O rise 6.7% to $13 in trading after hours

** Mobileye says it will acquire humanoid robotics startup Mentee Robotics for about $900 million

** Mentee raised about $21 million in a funding round in March, valuing the startup at roughly $162 million, according to PitchBook data.

** The company counts Cisco and Samsung's VC arms among its investors

** MBLY shares down 47.6% in 2025

 (Reporting by Harshita Mary Varghese in Bengaluru)

 ((HarshitaMary.Varghese@thomsonreuters.com))