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
- Issei Takino FounderCo-founder and Chief Executive Officer
- Rosen Diankov FounderCo-founder
Mujin's Japanese site lists him as co-founder and CTO. His own professional profile lists him as Global CEO of Mujin Group since mid-2025, so his current title may differ.
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
- MujinOS Software
Robot-control platform with a live digital twin, motion planning and orchestration; no teaching or coding required - Mujin robotic systems for logistics and manufacturing Industrial robot
Industrial robots running MujinOS for palletizing, depalletizing and picking
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 $100M in debt from Japanese financial institutions. An extension of the round was reported in June 2026; its size has not been disclosed.
Original amount: JPY 36,400,000,000. Dollar figures converted from other currencies are approximate.
- Mujin Raises US$ 233 Million to Accelerate Global Growth and Drive the Future of Intelligent Automation (Business Wire) (Dec 2, 2025)
- シリーズDラウンド初回クローズで総額364億円の大型資金調達を実施 (Mujin) (Dec 2, 2025)
- QIA invests in Mujin to accelerate global growth and drive the future of intelligent automation (Qatar Investment Authority) (Dec 2, 2025)
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).
- シリーズDラウンド初回クローズで総額364億円の大型資金調達を実施 (Mujin) (Dec 2, 2025)
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.
Sereact
Direct competitorBoth sell AI software that lets warehouse robots pick and move goods on their own: Sereact makes the Cortex AI model that runs robots picking items in warehouses, while Mujin sells MujinOS, software that lets warehouse and factory robots plan their own motions.
Mind Robotics
Adjacent competitorBoth are putting AI into industrial robots for factory tasks: Mind Robotics trains industrial robots on live car-factory data and is a Rivian spinout, while Mujin sells MujinOS, software that lets warehouse and factory robots plan their own motions.
Wandelbots
Adjacent competitorBoth sell the software layer that tells industrial robots what to do: Wandelbots sells software that programs industrial robots of any brand without code, while Mujin sells MujinOS, software that lets warehouse and factory robots plan their own motions.
Show 2 more
Amazon Robotics
Adjacent competitorBoth build robots for warehouse work: Amazon Robotics builds the robots that run Amazon's own warehouses, while Mujin sells MujinOS, software that lets warehouse and factory robots plan their own motions.
Ocado Group
Adjacent competitorBoth automate warehouse picking: Ocado Group licenses its robot-run Ocado Smart Platform fulfilment systems to grocers, while Mujin sells MujinOS, software that lets warehouse and factory robots plan their own motions.
Recent news
- — Mujin reported to be extending its Series D, with a 2030 IPO target The Conveyor Reported
- — Mujin raising funds ahead of an IPO by 2030 Bloomberg
- — Mujin raises $233M, led by NTT Group Business Wire
Sources
- Mujin Raises US$ 233 Million to Accelerate Global Growth and Drive the Future of Intelligent Automation (Business Wire) (Dec 2, 2025)
- シリーズDラウンド初回クローズで総額364億円の大型資金調達を実施 (Mujin) (Dec 2, 2025)
- QIA invests in Mujin to accelerate global growth and drive the future of intelligent automation (Qatar Investment Authority) (Dec 2, 2025)
- Factory robot startup Mujin raising funds ahead of IPO by 2030 (Bloomberg) (Jun 10, 2026)
- Mujin Series D extension and 2030 IPO plan (The Conveyor) (Jun 19, 2026)
- Mujin: company and founders (Oct 9, 2026)
Confidence: high.