Mujin Co., Ltd.
Mujin raises additional total of 2.7 billion yen in Series C extension round ~Supporting Japan Post’s logistics business expansion through next-generation logistics engineering~
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Mujin Co., Ltd., which is involved in the industrial automation business with a focus on intelligent robots, has recently raised a large amount of capital through a third-party allotment of capital from Japan Post Capital Co., Ltd. and one other company in the series C extension round. We raised additional funds of 2.7 billion yen. As a result, the total amount raised for the Series C round was 15 billion yen, and our cumulative amount raised was 23.2 billion yen.
In addition to the four reinforcement items we set out during the Series C round of funding, we will also work with Japan Post Co., Ltd. (hereinafter referred to as Japan Post) to improve the efficiency of logistics operations at post offices, distribution centers, etc. Mujin leverages the knowledge of specialized departments to identify logistics issues at post offices, distribution centers, etc., and proposes solutions to issues through automated total solutions centered on intelligent platforms, thereby improving added value in Japan Post’s logistics field. We aim for further business expansion and growth for both Japan Post and Mujin. We have accepted this investment as a first step toward that end.
Additional enhancement items in the Series C extension round Further expansion of next-generation logistics engineering service specialized business and division
In our business collaboration with Japan Post, we are considering and proposing next-generation automation models aimed at streamlining logistics operations at post offices, distribution centers, etc. Items to strengthen when procuring Series C round
Invest in technology to further improve the sophistication and multifunctionality of intelligent robot controllers and 3D vision systems
Market launch of new products such as mobile robots and devanning robots Building a company structure that provides one-stop automation total solutions including various robot products
Expansion of European and American businesses that are currently experiencing high growth
About our business
Since its founding in 2011, Mujin has held the slogan “Industrial Robots for Everyone” and has developed the “Mujin Controller”, an intelligent robot controller that gives intelligence to industrial robots. By connecting various sensors and the Mujin controller that integrates them to robots that traditionally repeat programmed movements, we have created an “intelligent robot” that can
autonomously move according to changes in the environment. We have achieved automation of complex processes that were previously considered technically difficult.
With an automation platform based on the Mujin controller, we contribute to the overall optimization of factories and warehouses and the maximization of overall production efficiency.
-How intelligent robots work-
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