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ASIA ELECTRONICS INDUSTRYYOUR WINDOW TO SMART MANUFACTURING

Mujin Secures New Funding to Expand Robotic Automation

Japan’s fastest-growing intelligent robotics company, Mujin Corp., secures capital, paving the way for a new era of robotic automation.

Specifically, Mujin has successfully raised US$85 million in Series C funding round, reflecting its rise to market leadership. SBI Investment Co., Ltd. led the funding round along with Pegasus Tech Ventures, a prominent Silicon Valley venture capital firm; seven Industries from the Netherlands; 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. Specifically, it aims to empower them to develop new, advanced automation applications and drive further innovation.

Mujin’s intelligent robotics platform

Innovative Robotic Technology

At the heart of Mujin’s product line is the universal MujinController platform. Mainly, it transforms industrial robots from any manufacturer into intelligent machines. Specifically, these are capable of automating a wide variety of applications across manufacturing and logistics, with additional applications to come in the future. Also, the MujinController platform empowers users to develop and deploy advanced automation solutions faster and at a lower cost, with more accurate, safe, and reliable performance.

With over 12 years of market experience, Mujin stands as a pioneer in the intelligent robotics realm. Accordingly, it empowers experts in industrial automation to unleash their creativity and craft innovative robotic applications.

“The MujinController introduces a unique approach to creating robotics applications, leveraging a real-time non-volatile digital twin. It offers a suite of perception, planning, and control algorithms to digitize the real world and autonomously moves robots and other industrial equipment through it,” said Ross Diankov, Mujin’s co-founder. “We are excited to continue our journey toward perfecting the MujinController and getting it into everyone’s hands.”

Market Traction

Powered by cutting-edge machine intelligence technology, the MujinController is a groundbreaking advancement that has already enabled the company to master some of the toughest applications in contemporary manufacturing and logistics environments. Also, it has solved palletizing and depalletizing for both single and mixed SKU orders, precise picking to streamline E-commerce order fulfillment, metal bin picking for parts in the automotive segment, unlocked truck trailer and container unloading, as well as quick deployment of robot cells. 

Generally, Mujin’s mission is to enable integrators and end users to harness the full potential of intelligent robotics. Also, it aims to help them unlock a wide range of never-before-automated tasks; thus, elevating the outlook of industrial automation on a global scale.

Dr. Diankov’s advisor from his Ph.D. program at Carnegie Mellon University and now CEO of Woven by Toyota, James Kuffner, commented on the funding round, saying: “This Series C funding is a significant milestone for Mujin, a company that has pioneered intelligent automation technology since 2011. Mujin can accelerate and expand its delivery of truly state-of-the-art advanced industrial robotic solutions to customers globally, strengthening its position as the technology market leader.”

Future Vision

Mujin’s platform continues to drive efficiency and productivity. It reshapes industries and lays the foundation for a future where automation plays a pivotal role in all workplaces. Also, with a strong commitment to eliminating mundane and hazardous tasks, Mujin envisions a world where workers can unleash their true potential and focus on more meaningful endeavors. As it embarks on this new chapter of growth and innovation, it remains committed to delivering cutting-edge automation solutions that transform industries and drive operational efficiency worldwide.