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Mujin

Tokyo maker of MujinOS, software that lets warehouse and factory robots plan their own moves; $233M raised

Scaleup · Shipping · Robotics leader · Tokyo, Tokyo, Japan · Founded 2011 · mujin-corp.com

Also active in United States.

The $1B-plus valuation and the IPO target are press reports, not company announcements. The 2030 listing plan is a stated target, not a commitment.

Profile

Mujin sells MujinOS, a robot-control platform that lets industrial robots plan their own motions from a continuously updated digital twin. It is used in warehouse and factory automation, and NTT led a $233M Series D first close in December 2025, with Qatar Investment Authority as co-lead. Founded in Tokyo in 2011 by Issei Takino and Rosen Diankov, it has offices in the US, Europe and China, and has been reported to be aiming for a listing by 2030.

People

Sources: Mujin: company and founders · Mujin founders (Mujin Japan) · Factory robot startup Mujin raising funds ahead of IPO by 2030 (Bloomberg) · As of . X handles are shown only when we could confirm they belong to the person.

Flagship robots

Funding and valuation

Latest round

$233M Reported

Series D (first close) · Dec 2, 2025

Led by NTT Group, Qatar Investment Authority

Also Mitsubishi HC Capital Realty, Salesforce Ventures.

$133M in equity plus $100M in debt from Japanese financial institutions. An extension of the round was reported in June 2026; its size has not been disclosed.

Original amount: JPY 36,400,000,000. Dollar figures converted from other currencies are approximate.

Total raised

about $382M

As of Dec 2, 2025

Mujin states ¥59.6 billion raised in total including this round. The US-dollar figure converts that at the same exchange rate Mujin used for the round (¥36.4 billion = $233 million).

Valuation

$1B Reported

reported valuation above $1B · Jun 10, 2026

Reported by Bloomberg and The Conveyor as above $1B; Mujin has not published a valuation.

Competitors

Companies with overlapping products. Direct = same customers and same job; Adjacent = overlapping technology or market, different focus.

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Recent news

Sources

Confidence: high.

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