The company plans to use the new funding for product expansion and to develop advanced solutions for evolving market demands. It also aims to extend its reach to new markets and customers globally. Mujin's technology has already been adopted by several strategic partners, including ABB, Fanuc, KUKA, Yaskawa, Universal Robots and Kawasaki. The company has offices in the U.S., Japan, and China and employs over 300 people.
Key takeaways:
- Mujin, a startup that develops AI-based software for industrial automation, has raised $85 million in a Series C funding round, bringing its total funding to $150 million.
- The company's MujinController software platform is used to deploy and automate applications for industrial robots across manufacturing and logistics.
- MujinController is currently used in over 1,000 systems and has been adopted by several major robot original equipment manufacturers.
- The company plans to use the funding for product expansion, to develop advanced solutions and applications, and for global expansion to reach new markets and customers.