Mujin Funding, Investors & Competitors

Mujin has raised $307M across 5 funding rounds, most recently a $133M Series D in December 2025.

See full Mujin profile

Last Mujin funding round

$133M

Series D · Dec 2025

Cumulative funding Mujin raised

$307M

across 5 funding rounds

Key investors in Mujin

Mujin Overview

About Mujin

Mujin is a Tokyo-headquartered robotics company producing intelligent controllers as a universal platform for industrial robots in logistics and manufacturing. Founded in 2011, its AI-driven motion planning technology enables depalletizing, picking, and sorting in unstructured environments for clients including e-commerce fulfillment centers and automotive plants. Mujin has raised over $100 million in funding from investors like NTT Docomo and SoftBank.


Founded

2011

HQ

JapanTokyo

Status

Privately held

Customer focus

B2B

Revenue model

Product sales, Subscription

Mujin Funding History

Mujin has raised a total of $307M across 5 funding rounds.

Mujin's first fundraising round was a $6M Series B in August 2014. The most recent completed round was a $133M Series D in December 2025.

Mujin funding rounds

Mujin funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Series DNTT Group (lead); Qatar Investment Authority (lead); Salesforce Ventures; Mitsubishi HC Capital Realty$133MMujin, a Tokyo- and Atlanta-based leader in automation technology founded in 2011, develops MujinOS, an intelligent robotics operating system that integrates perception, motion planning, digital twin orchestration, and multi-device coordination for high-performance industrial automation in manufacturing and logistics. The platform enables facility-wide optimization, real-time digital twin operations, and scalable deployment of robots, AGVs, storage systems, and sensors. On December 2, 2025, Mujin announced the initial close of its Series D funding round, raising a total of $233 million, comprising $133 million in equity jointly led by NTT Group and Qatar Investment Authority (QIA), with participation from Mitsubishi HC Capital Realty Co., Ltd. and Salesforce Ventures, plus $100 million in debt from Japanese financial institutions. This marks QIA's first investment in robotics and a Japanese startup. One source mentions ¥36.4 billion for the initial close, equivalent to the $133 million equity. The funding will accelerate global expansion of MujinOS, including hiring engineering, product, and support teams in Europe and the U.S., building a network of certified integrators, and advancing real-time digital twin engine for optimization, visibility, and forecasting. To date, Mujin has raised $411 million cumulatively.
Dec 2023Series CJapan Post Capital$18MMujin is a Tokyo and Atlanta-based intelligent robotics company that develops machine learning-powered robot controllers designed as a common platform for industrial and collaborative robots, specializing in logistics and pick-and-place applications. Founded in 2011, Mujin works with major global companies to make material handling applications easier to deploy, more accurate, and less costly through its flagship MujinController platform. On December 13, 2023, Mujin closed a Series C extension round securing $18 million from Japan Post Capital Co., Ltd. and a strategic partner. This additional funding bolstered total Series C funding to $104 million and elevated Mujin's cumulative fundraising to $178 million at that time. The capital was intended to advance accessibility of the MujinController platform for integrators and end users, empower Mujin partners to pioneer new automation applications, and amplify the company's capacity to deliver industrial robotic solutions worldwide. As part of the strategic partnership, Mujin committed to providing expertise in robotic automation to help drive Japan Post's facilities towards greater efficiency and innovation. The Series C extension reflected investor confidence in Mujin's mission to revolutionize industrial operations by eliminating mundane and hazardous tasks and enabling workers to focus on more meaningful endeavors.
Sep 2023Series CSBI Investment (lead); Accenture; James Kuffner; 7 Industries; Pegasus Tech Ventures$83MMujin is a Tokyo- and Atlanta-based automation technology company specializing in intelligent robotics, particularly its MujinController and later MujinOS platform, which enable high-performance industrial automation for applications like palletizing, depalletizing, bin picking, machine tending, truck unloading, and warehouse execution. The MujinController serves as a universal platform that transforms robots from any manufacturer into intelligent machines using real-time digital twin technology, perception, planning, and control algorithms for manufacturing and logistics. The Series C funding round in May 2023 raised $85 million (noted as $83.2 million in query), led by SBI Investment Co. Ltd., with participation from Pegasus Tech Ventures, 7 Industries, Accenture, and angel investor James Kuffner (CEO of Woven by Toyota). The funds aimed to enhance the accessibility of the MujinController to integrators and end users, accelerating delivery of advanced robotic solutions globally. Post-Series C, Mujin announced a Series D first close of $233 million (including $133M equity led by NTT Group and QIA, plus $100M debt), bringing total funding to $411 million. This supported global expansion of MujinOS, team growth in Europe and the U.S., certified integrator networks, and digital twin advancements.
Apr 2019Undisclosed stageSumitomo Mitsui Trust Bank (lead)$67MMujin, Inc. is a robotics company developing automation technologies for industrial applications. On February 14, 2019, Mujin completed a management buyout (MBO) in which founders Issei Takino and Rosen Diankov acquired the entire equity stake held by The University of Tokyo Edge Capital (UTEC), which represented 33% of outstanding shares. In a separate transaction on February 13, 2019, Mujin secured ¥7.5 billion in debt financing through a special overdraft agreement with Sumitomo Mitsui Banking Corporation (SMBC). The company's last equity capital raise prior to the MBO had occurred on July 31, 2014. Management stated that despite healthy financial status and strong growth, the company pursued debt financing rather than equity to accelerate expansion in the robotics market while maintaining long-term decision-making control and expanding employee stock option programs.
Aug 2014Series BUTEC-The University of Tokyo Edge Capital Partners (lead); Jafco Group$6MMujin Inc. develops intelligent system solutions for industrial robots, including the Mujin Controller platform that optimizes robot motions, integrates with machine vision and PLCs, and supports most market robots to enhance manufacturing productivity. The company raised ¥605 million (approx. $6 million) in Series B funding on August 1, 2014, from JAFCO and UTEC-The University of Tokyo Edge Capital Partners, with UTEC as the lead. Funds were allocated to enhance sales and engineering for Mujin Controller SIM (released 2013) and accelerate go-to-market for new products Mujin Pick Worker and Mujin Laser Worker.

Who has invested in Mujin?

13 investors have backed Mujin across its funding rounds, including Salesforce Ventures, Accenture, SBI Investment, Jafco Group, UTEC-The University of Tokyo Edge Capital Partners and Pegasus Tech Ventures.

Lead investors include NTT Group, Qatar Investment Authority, SBI Investment, Sumitomo Mitsui Trust Bank and UTEC-The University of Tokyo Edge Capital Partners.


Mujin Investors

Investors in Mujin by funding rounds participated
InvestorHQRoundsRoleFirst check
UTEC-The University of Tokyo Edge Capital PartnersJapanTokyo1LeadAug 2014
Salesforce VenturesUnited StatesSan Francisco, CA1ParticipantDec 2025
AccentureUnited StatesDublin1ParticipantSep 2023
Mitsubishi HC Capital RealtyJapanTokyo1ParticipantDec 2025
Qatar Investment AuthorityQatarQatar1LeadDec 2025
Jafco GroupJapanJapan1ParticipantAug 2014
James KuffnerUnited StatesSan Francisco, CA1ParticipantSep 2023
7 IndustriesNetherlandsNetherlands1ParticipantSep 2023
Japan Post CapitalJapanJapan1ParticipantDec 2023
SBI InvestmentJapanTokyo1LeadSep 2023
Pegasus Tech VenturesUnited StatesSan Jose, CA1ParticipantSep 2023

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Mujin Competitors

Mujin competitors include listed companies like Autodesk, PTC, UBtech Robotics and EquipmentShare.com, and private ones like NEURA Robotics and Certus Core.

Public and private companies comparable to Mujin
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
NEURA RoboticsGermanyMetzingenPrivate--$7B-
AutodeskUnited StatesUnited StatesPublicly listed$7.2B$1.8B$46B5.7x
PTCUnited StatesUnited StatesPublicly listed$2.7B$1.1B$15B5.8x
UBtech RoboticsChinaChinaPublicly listed$298M($108M)$5.1B9.5x
EquipmentShare.comUnited StatesUnited StatesPublicly listed$4.4B$704M$4.6B1.8x
Certus CoreUnited StatesTampa, FLPrivate--$3.4B-

Mujin Public Comps

Mujin is still privately-owned, but its public comps include Tesla, Stryker, Cadence Design Systems, Autodesk, Constellation Software, Dassault Systemes, Unitree Robotics, Hexagon, Snap-on and Zebra.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Tesla$95B$10B15.0x13.8x140.8x97.4x
Stryker$25B$6.3B4.7x4.5x18.8x15.6x
Cadence Design Systems$5.3B$1.8B14.8x13.0x44.3x27.3x
Autodesk$7.2B$1.8B6.3x5.7x25.6x14.1x
Constellation Software$12B$2.5B4.0x3.5x18.5x12.9x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
Unitree Robotics$253M$55M118.8x-548.5x-
Hexagon$6.2B$1.7B4.2x5.0x15.2x14.0x

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Common questions about Mujin

When was Mujin founded?Mujin was founded in 2011.
Where is Mujin headquartered?Mujin is headquartered in Tokyo, Japan.
Is Mujin publicly listed?No, Mujin is a private, VC-backed company.
How much funding has Mujin raised?Mujin has raised $307M across 5 funding rounds.
What was Mujin's last funding round?Mujin's last funding round was a $133M Series D in December 2025, led by NTT Group and Qatar Investment Authority.
Who are Mujin's investors?Mujin's investors include UTEC-The University of Tokyo Edge Capital Partners, Salesforce Ventures, Accenture, Mitsubishi HC Capital Realty, Qatar Investment Authority, Jafco Group, James Kuffner, 7 Industries, Japan Post Capital, SBI Investment and 3 others.
Which companies are comparable to Mujin?Companies comparable to Mujin include NEURA Robotics, Autodesk, PTC, UBtech Robotics, EquipmentShare.com and Certus Core.

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