Japan’s fastest-growing clever robotics firm, Mujin, secures capital to pave the best way for a brand new period of robotic automation
Mujin, a frontrunner in clever robotics for manufacturing, logistics, and provide chain operations, has efficiently raised $85 million in its Collection C funding spherical, reflecting the corporate’s rise to market management. The funding spherical was led by SBI Funding Co., Ltd. in Japan, together with Pegasus Tech Ventures, a distinguished Silicon Valley enterprise capital agency, 7 Industries from the Netherlands, company investor Accenture, and famend angel investor Dr. James Kuffner. With this recent infusion of capital, Mujin goals to boost the accessibility of its revolutionary clever robotics platform, the MujinController, to integrators and finish customers, empowering them to develop new, superior automation purposes and drive additional innovation.
Modern Robotic Expertise
On the coronary heart of Mujin’s product line is the corporate’s common “MujinController” platform, which transforms industrial robots from any producer into clever machines able to automating all kinds of purposes throughout manufacturing and logistics, with extra purposes to return sooner or later. The MujinController platform empowers customers to develop and deploy superior automation options sooner and at a decrease price, with extra correct, secure, and dependable efficiency. With over 12 years of market expertise, Mujin stands as a pioneer within the clever robotics realm, empowering specialists in industrial automation to unleash their creativity and craft revolutionary robotic purposes.
Dr. Ross Diankov, Mujin’s cofounder mentioned: “The MujinController introduces a novel method to creating robotics purposes, leveraging a real-time non-volatile digital twin and providing a collection of notion, planning, and management algorithms to digitize the actual world and autonomously transfer robots and different industrial tools by it. We’re excited to proceed our journey towards perfecting the MujinController and getting it into everybody’s fingers.”
Market Traction
Powered by Mujin’s cutting-edge Machine Intelligence know-how, the MujinController is a groundbreaking development that has already enabled Mujin to grasp a few of the hardest purposes in up to date manufacturing and logistics environments. Mujin has solved palletizing and depalletizing for each single and blended SKU orders, exact choosing to streamline E-commerce order achievement, metallic bin choosing for components within the automotive section, unlocked truck trailer and container unloading, in addition to fast deployment of robotic cells.
Mujin’s mission is to allow integrators and finish customers to harness the total potential of clever robotics, unlocking a variety of never-before-automated duties, elevating the outlook of commercial automation on a worldwide scale.
Dr. Diankov’s advisor from his Ph.D. program at Carnegie Mellon College and now CEO of Woven by Toyota, James Kuffner, commented on the funding spherical, saying: “This Collection C funding is a big milestone for Mujin, an organization that has pioneered clever automation know-how since 2011. Mujin can speed up and broaden its supply of actually state-of-the-art superior industrial robotic options to clients globally, strengthening its place because the know-how market chief.”
Future Imaginative and prescient
Mujin’s platform continues to drive effectivity and productiveness, reshaping industries and laying the muse for a future the place automation performs a pivotal position in all workplaces. With a robust dedication to eliminating mundane and unsafe duties, Mujin envisions a world the place staff can unleash their true potential and concentrate on extra significant endeavors. As Mujin embarks on this new chapter of development and innovation, the corporate stays dedicated to delivering cutting-edge automation options that remodel industries and drive operational effectivity worldwide.
Investor Feedback
SBI Funding Co, Ltd.: “We now have at all times wished to assist such firms that may compete and win on the earth. Mujin is the corporate which made us really feel we had discovered such an organization. We’re very proud to be working with Mujin, an organization that represents Japanese high-end know-how, and we are going to do every little thing we are able to to assist the corporate in order that it might turn out to be a world-class firm.”
Pegasus Tech Ventures: Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures, expressed his enthusiasm for Mujin’s future potential. “Mujin has developed a platform know-how that permits firms to develop and deploy automation options that have been beforehand not doable,” mentioned Uzzaman. “Because of this, Mujin has been capable of race forward of the competitors and ship outcomes that others can not. We stay up for serving to Mujin speed up their development within the U.S. market.”
Accenture: Mr. Atsushi Egawa, consultant director and president, Accenture Japan Ltd., mentioned, “Accenture has been collaborating with Mujin since 2019 on reinventing the logistics and manufacturing industries with AI and robotics. Mujin is world-renowned for its robotics know-how and an integral a part of the transformation efforts in these industries globally. Collectively, we are going to proceed to assist our logistics and manufacturing purchasers drive worth from hyper-automation and data-driven administration.”
7-Industries: “Mujin is the worldwide main cutting-edge Robotics firm, deploying autonomous robots for years, and we’re wanting ahead to supporting Mujin in shaping the way forward for industrial automation.”
About Mujin
Mujin, a robotics know-how firm, develops Machine Intelligence for robotic controllers which might be designed as a standard platform for industrial and collaborative robots specializing in logistics and different pick-and-place purposes. Launched in Tokyo in 2011 with workplaces in China and within the U.S., Mujin works with lots of the world’s largest firms to make materials dealing with purposes simpler to deploy, extra correct and more cost effective. The corporate’s flagship product, the MujinController, makes use of Machine Intelligence know-how to present robotic techniques real-time decision-making capability that permits actually autonomous, dependable, and production-capable robotic purposes.
For extra info, go to https://www.mujin-corp.com.