Mujin

Develops robotics and AI for automation

Tokyo, Japan

About Mujin

Mujin develops robotics and artificial intelligence solutions to improve industrial automation. Their products include advanced robotic systems designed for sectors like manufacturing, logistics, and warehousing. These systems work by integrating AI to optimize tasks, enhance productivity, and streamline operations. Unlike many competitors, Mujin focuses on providing tailored solutions that address specific automation challenges faced by their clients. The company's goal is to help businesses increase efficiency and productivity through the effective use of robotics and AI technology.

Tokyo, JapanHeadquarters
2021Year Founded
$118.8MTotal Funding
SERIES_CCompany Stage
Robotics & Automation, AI & Machine LearningIndustries
201-500Employees

Risks

Increased competition from companies like Boston Dynamics in the industrial robotics sector.
Potential over-reliance on Accenture could limit Mujin's strategic flexibility.
Economic instability in Europe and Asia may impact Mujin's expansion and revenue growth.

Differentiation

Mujin's controller enables robots to perform tasks with perception and autonomous decision-making.
The company offers a complete robotic solution, including the Mujin controller and Quickbot depalletizer.
Mujin's platform allows deployment without complex advance settings, unlike typical robotics systems.

Upsides

Mujin secured $85 million in funding, indicating strong market confidence in its growth.
Expansion into Europe with a new office in the Netherlands enhances Mujin's global presence.
Joint venture with Accenture boosts Mujin's capabilities in manufacturing and logistics automation.

Funding

Total raised$118.75 M
Latest valuation$61.50 B
StageSERIES_C