Mujin Plans to Use Latest Funding to Grow Robotics Footprint in the U.S.

Mujin said its systems enable automated palletizing and depalletizing, bin picking, and truck unloading.

By Eugene Demaitre    September 6, 2023         

Mujin Plans to Use Latest Funding to Grow Robotics Footprint in the U.S.

Mujin

Mujin demonstrates robots in its laboratory.

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Mujin Plans to Use Latest Funding to Grow Robotics Footprint in the U.S.

Mujin

Mujin demonstrates robots in its laboratory.

Why aren't robots more ubiquitous? Ease of use has been one obstacle to more widespread adoption, but several hardware and software providers are trying to overcome it. Mujin Corp. said its MujinController enables integrators and end users to set up palletizing and other applications.

The Tokyo-based company said its technology can also be used in bin picking and truck unloading. Mujin yesterday announced that it had raised a Series C round of $85 million. Funding came from sources including SBI Investment Co. and James Kuffner, CEO of Woven by Toyota.

The global market for just palletizing robots could expand by $1.7 billion at a compound annual growth rate (CAGR) of 6.71% from 2022 to 2027, according to Research and Markets. Similarly, Fact.MR predicted a CAGR of 9.4%, with that market reaching $10.1 billion by 2033.

Mujin plans for growth

What will Mujin do next in this growing market? Josh Cloer, director of sales at Mujin, replied to the following questions from Robotics 24/7:

What are your plans for the capital?

Josh Cloer, Mujin
Josh Cloer, Mujin

Cloer: Our plan is to continue the pace of the innovation within our product development cycle as well as increase our global market share within the intelligent robotics space.

How many employees do you currently have? Are you hiring? (Mujin's U.S. offices are in Suwanee, Ga.)

Cloer: We’re currently around 300 employees globally and around 60 employees in the U.S.

Our U.S. expansion is also accelerating, and we’re hiring at a rapid pace to keep up with the existing an growing demand.

Are you able to name any customers that are using the MujinController?

Cloer: We have quite a few customers that we can talk about from our Asian business. We’ve helped companies like UNIQLO, JD.com, PALTAC, and Fancl adopt robotics within their distribution centers.

In the U.S., we’re working with some very large organizations in retail, CPG [consumer packaged goods], e-commerce, and 3PL [third-party logistics].

We are also partnering with some of the largest robotics and material handling integrator partners in the U.S. At this time, we are not at liberty to disclose our customers or partnerships.

New products to get traction

Mujin showed its TruckBot at ProMat and its Bin-Picking Workcell at Automate -- how has the reception been to those products in the U.S.?

Cloer: Both TruckBot and our Bin-Picking products are doing very well. TruckBot is being adopted in the appropriate industries, and our Bin-Picking product has been popular with our integrator partners here in the U.S.

Does Mujin's software work with warehouse execution systems (WES) or manufacturing execution systems (MES)?

Cloer: The MujinController can work with WMS/WES and MES to take the business level-information and make it relevant to robot systems. This is a critical piece to how we are able to enable new users of robots to take full advantage of a full system.

How will Mujin continue to develop its technology, or what capabilities are you looking to add?

Cloer: We’re planning to continue development of our core product and applications and develop new solutions to support the further proliferation of robots.

Leading provider of intelligent automation solutions Mujin debuted its latest innovation TruckBot, a cutting-edge robot designed for truck and shipping container unloading, at ProMat 2023 in Chicago.

About the Author
Eugene Demaitre, Editorial Director, Robotics 24/7

Eugene Demaitre

Editorial Director, Robotics 24/7

Eugene Demaitre was editorial director of Robotics 24/7. Prior to joining Peerless Media, he was a senior editor at Robotics Business Review and The Robot Report. Demaitre has also worked for BNA (now part of Bloomberg), Computerworld, and TechTarget. He has participated in numerous robotics-related webinars, podcasts, and events worldwide.

More about Eugene Demaitre

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Article Topics

Industrial Automation   Robot Arm   Components   Controllers   Software   Simulation   News   Controls   Distribution Center   Ecommerce   Funding   Mujin   Palletizing   Picking   Trucking  

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