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Venture Capital News: Mujin Pulls In $85M Series C Round

2023-09-05
ATLANTA, GA, Mujin, a leader in intelligent robotics for manufacturing, logistics, and supply chain operations, has successfully raised $85 million in its Series C funding round.
The funding round was led by SBI Investment Co., Ltd. in Japan, along with Pegasus Tech Ventures, a prominent Silicon Valley venture capital firm, 7 Industries from the Netherlands, corporate investor Accenture, and renowned angel investor Dr. James Kuffner. With this fresh infusion of capital, Mujin aims to enhance the accessibility of its revolutionary intelligent robotics platform, the MujinController, to integrators and end users, empowering them to develop new, advanced automation applications and drive further innovation.

Mujin, a robotics technology company, develops Machine Intelligence for robot controllers that are designed as a common platform for industrial and collaborative robots specializing in logistics and other pick-and-place applications. Launched in Tokyo in 2011 with offices in China and in the U.S., Mujin works with many of the world's largest companies to make material handling applications easier to deploy, more accurate and less costly. The company's flagship product, the MujinController, uses Machine Intelligence technology to give robotic systems real-time decision-making ability that enables truly autonomous, reliable, and production-capable robot applications.
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