Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, has invested in Mujin, a Japan-founded automation software and robotics company, as the group raised $233 million in new financing to expand overseas.
Mujin said it secured $133 million in equity co-led by QIA and Japan’s NTT Group, with participation from Mitsubishi HC Capital Realty and Salesforce Ventures. It also raised $100 million in debt from a group of Japanese financial institutions.
The funds will be used to accelerate the adoption of MujinOS, its intelligent robotics platform for manufacturing and logistics, and to advance real-time digital-twin, motion-planning, and orchestration technologies, per the announcement.
The company plans to broaden its MujinOS product lineup and expand in Europe and the United States.
Founded in 2011, Mujin develops software that enables industrial robots to perform complex tasks using proprietary “physical AI” and digital-twin tools, integrating robots, automated guided vehicles, storage systems, and sensors in a single environment for facility-wide optimisation.
New AI unit
In a separate statement, QIA said the government is setting up a new company that will develop and invest in artificial intelligence.
The entity, called Qai, will operate as a subsidiary of Qatar Investment Authority (QIA), the country’s $524 billion sovereign wealth fund.
Qai will invest in AI infrastructure in Qatar and overseas and offer computing capacity and tools, though it did not disclose funding commitments.
Abdulla Al-Misnad, from the prime minister’s office, will chair Qai, which will focus on assessing and commercialising models and autonomous-agent technologies rather than building large language models.
Gulf governments are using technology spending to diversify their economies, with recent efforts focusing on data centres, chips, and energy needed to run AI services.
In November, QIA backed the $275 million Series C round in d-Matrix, a specialist in generative AI inference for data centres. The oversubscribed round was co-led by Bullhound Capital, Triatomic Capital, and Temasek.
