Mujin raises ¥12.3B in Series C equity funding

Sep 5, 2023 · Funding · Mujin, Inc. · Industrial

Mujin completed a ¥12.3 billion (US$85 million) Series C equity round to expand its intelligent robotics technology and international business.

Mujin, Inc. company media
Company media · Mujin, Inc.
  • SBI Investment led the round, with Pegasus Tech Ventures, Accenture, James Kuffner and 7-Industries Holdings participating.
  • Cumulative financing reached ¥20.5 billion after the round.
  • The proceeds support controller and 3D-vision development, new mobile and depalletizing products, and expansion in Europe and the United States.

Mujin develops intelligent robot control systems that enable industrial robots to perform complex tasks such as bin picking, depalletising, and logistics automation without manual programming.