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Pegasus Tech Ventures Announces Investment Into Mujin, Intelligent Robotics Leader From Japan

PRIVATESep 20, 2023

Round Type

Venture

ManufacturingInformation TechnologySoftwareArtificial IntelligenceRoboticsIndustrial Automation

Investors

Dr. James J. Kuffner, Jr.7 IndustriesAccenture Japan Ltd.SBI Investment Co., Ltd.Pegasus Tech Ventures

Description

Pegasus Tech Ventures has announced a $25 million investment into Mujin, Inc., a robotics company from Tokyo, Japan. Aside from Pegasus Tech Ventures, the Series C was led by SBI Investment Co., Ltd., from Japan, with participation from other investors including strategic investor Accenture Japan Ltd., as well as 7 Industries, and Dr. James J. Kuffner, Jr., a professor at Carnegie Mellon and a world-renowned roboticist

Quick answer

Mujin raised an undisclosed amount in a funding round, dated September 20, 2023. Investors: Dr. James J. Kuffner, Jr., 7 Industries, Accenture Japan Ltd., SBI Investment Co., Ltd. and Pegasus Tech Ventures.

How much did Mujin raise?
Mujin raised an undisclosed amount in a funding round on September 20, 2023.
Who invested in Mujin?
Dr. James J. Kuffner, Jr., 7 Industries, Accenture Japan Ltd., SBI Investment Co., Ltd. and Pegasus Tech Ventures are named as investors in this round.
What does Mujin do?
Mujin offers the complete robotic solution.
Where is Mujin based and how big is it?
Fundz records about 74 employees.
Who are the decision-makers at Mujin?
Fundz holds 2 contacts at Mujin, including the Director of Solutions & Applications Engineering. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Robotics and Industrial Automation around the same time

Companies in the same sectors as Mujin that raised within 45 days of this round, from Fundz verified event records.

  • Promise Robotics raised $15M (Series A) on October 31, 2023.
  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • RIOS raised $1.1M on September 29, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.
  • Miso Robotics raised $551K (Series E) on August 16, 2023.
  • Databricks raised $1.6B on November 3, 2023.

Who to call at Mujin, and when

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Company Information

Company

Mujin

About

Mujin offers the complete robotic solution. Our core technology is the Mujin Controller, which manages any robotic application by controlling the movement of any robot arm via artificial intelligence and autonomous motion planning. This allows our end users to define the application and choose the best robot arm for the job. The Mujin Controller makes every robot more capable, efficient, and reliable. Our motion planning algorithm is one-of-a-kind and allows robots to perform practically any application with the most efficient path. To create the full solution, we combine state-of-the-art vision systems with highly versatile end of arm tooling to manage the variability of any application. We have standard products for standard applications and custom solutions to solve any application.

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Fundz sees it the moment Mujin raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsBrandon C., Director of Solutions & Applications En… hiddenSee plans and pricing
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Mujin raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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