Sun. Oct 1st, 2023
    Mujin Raises $85M in Series C Funding to Expand Intelligent Robotics Platform

    Intelligent robotics for manufacturing company, Mujin, has announced that it has raised $85M in Series C funding. The funding round was led by SBI Investment Co., Ltd. in Japan, with participation from Pegasus Tech Ventures, 7-Industries from the Netherlands, corporate investor Accenture, and angel investor Dr. James Kuffner.

    Mujin plans to use the funds to enhance the accessibility of its intelligent robotics platform, the MujinController. This platform allows integrators and end users to develop advanced automation applications and drive innovation. By leveraging machine intelligence technology, the MujinController enables robotic systems to make real-time decisions, enabling autonomous and reliable robot applications.

    Since its launch in Tokyo in 2011, Mujin has established a strong presence in the robotics technology market. The company specializes in developing machine intelligence for robot controllers, with a focus on logistics and pick-and-place applications. Their flagship product, the MujinController, has already been successfully implemented in various industries, including palletizing, depalletizing, E-commerce order fulfillment, automotive parts picking, and truck trailer and container unloading.

    By securing this funding, Mujin aims to make its intelligent robotics platform more accessible to a wider range of users. This will empower integrators and end users to leverage Mujin’s technology and develop new automation applications. With further advancements and innovations in the field of intelligent robotics, Mujin aims to revolutionize manufacturing processes and drive efficiency across industries.

    – FinSMEs