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Mujin, a comprehensive automation technology company, has raised a total of 20.9 billion yen in its Series D round through a third-party allotment of new shares from Mitsubishi HC Capital Realty Co., Ltd. and Salesforce Ventures, with NTT Group and Qatar Investment Authority as co-lead investors. In addition, the company raised a total of 15.5 billion yen in debt from multiple banks and financial companies. This brings the total amount raised in the first close of the Series D round to 36.4 billion yen, bringing the company’s cumulative funding to 59.6 billion yen.
Mujin has also received additional investments from existing investors, including Pegasus Tech Ventures and Accenture, and will continue to raise funds from both existing and new investors in preparation for its second close, scheduled for next year.
Mujin utilizes its proprietary advanced robot recognition, motion planning, and digital twin technologies to accelerate industrial automation.
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We have developed and globally rolled out the integrated automation platform “MujinOS,” which brings consistency, intelligence, and scalability to automation. By integrating various intelligent arm robots equipped with numerous sensors, intelligent control of various mobile robots and storage robots, and the warehouse management system that controls them all into a common architecture, MujinOS eliminates the need for complex system integration and enables production facilities to quickly introduce reliable automation solutions.
SOURCE: PRTimes
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