Mujin concludes Series C Extension round securing $18 million

Mujin, a provider of an intelligent robotics platform, has finalized its Series C extension round with a substantial capital boost from Japan Post Capital Co., Ltd., and another strategic partner. The additional $18 million secured in this round bolsters the total Series C funding to $104 million and elevates Mujin’s cumulative fundraising to $178 million, the company noted.

This Series C funding underscores Mujin's core objective, to advance accessibility to their MujinController platform for integrators and end users, the company explained. The platform will empower Mujin partners to pioneer new automation applications, fostering innovation on a global scale, the company added.

This funding amplifies Mujin's capacity to deliver industrial robotic solutions worldwide, the company added. At the heart of its vision, the company explained, is a commitment to eliminating mundane and hazardous tasks, envisioning a world where workers can channel their capabilities towards more meaningful endeavors.

As a part of their strategic partnership with Japan Post, Mujin will provide expertise in cutting-edge robotic automation. Together, they will aim to drive Japan Post's facilities towards greater efficiency and innovation, aligning with Mujin's commitment to revolutionize industrial operations, Mujin added.

Mujin develops “machine intelligent” robot controllers that are designed as a common platform for industrial and collaborative robots specializing in logistics and other pick-and-place applications. Launched in Tokyo in 2011 with offices in China and in the U.S., Mujin works with many of the world’s largest companies to make material handling applications easier to deploy, more accurate and less costly.