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Japan-based Mujin raised $85 million in Sequence C funding. The corporate hopes to make use of the contemporary capital to reinforce the accessibility of its MujinController to integrators and finish customers.
SBI Funding Co. Ltd, from Japan, led the funding spherical. The spherical additionally included participation from Pegasus Tech Ventures, a Silicon Valley enterprise capital agency, 7 Industries from the Netherlands, company investor Accenture, and famend angel investor Dr. James Kuffner.
“This Sequence C funding is a big milestone for Mujin, an organization that has pioneered clever automation expertise since 2011,” James Kuffner, CEO of Woven by Toyota, stated. “Mujin can speed up and increase its supply of really state-of-the-art superior industrial robotic options to prospects globally, strengthening its place because the expertise market chief.”
The MujinController is on the coronary heart of Mujin’s product line. The common controller can rework industrial robots from any producer into clever machines that may automate a wide range of purposes throughout manufacturing and logistics.
“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 true world and autonomously transfer robots and different industrial tools by way of it,” Ross Diankov, Mujin’s co-founder, stated. “We’re excited to proceed our journey towards perfecting the MujinController and getting it into everybody’s fingers.”
With the MujinController platform, customers can develop and deploy superior automation methods quicker and at a decrease price than conventional strategies. It additionally supplies extra correct, secure, and dependable efficiency.
At the moment, the controller works for palletizing and depalletizing for each single and combined SKU orders, exact choosing to streamline e-commerce order achievement, steel bin choosing for components within the automotive phase, unlocked truck trailer and container unloading, and the deployment of robotic cells.
Mujin made its North American debut in 2021 when it opened its first workplace in North America. The workplace is positioned in Sandy Springs, Georgia, north of Atlanta. It is going to home the corporate’s increasing engineering, gross sales and help workers, together with Mujin co-founder and Mujin Corp. CEO Ross Diankov.