# Mushiny Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mushiny-intelligence

- Industry: Logistics & Distribution
- Headquarters: Suzhou, China
- Website: www.mushiny.com
- Total disclosed funding: $14M
- Latest round: Series A (Jul 14, 2022)
- Investors on record: 6

## About

Established in 2016 and based in Suzhou, China, Mushiny Intelligence is an intelligent warehouse solution provider. It provides intelligent, warehousing services, package sorting and delivery, etc. for express companies, logistics companies and e-commerce platforms. The company's founder Ming Liu serves as the general manager of Amazon operation center and the head of operation of Korea COUPANG, and has more than 10 years of advanced warehouse management and operation experience. The company was awarded patents for integrated motor and servo control and hub-integrated planetary gearbox in 2017, released R-WMS 2.0 in 2020, and launched its first platform product Mushiny T6 in 2021.

The company's self-developed products include submerged robots, sorting robots, material tote robots, roller loading robots and unmanned forklifts. In additions, the company provides development of intelligent storage systems, system integration implementation of storage projects and storage system related planning, design and consulting for customer.

The company plans to use the funding for the R&D of logistics robot hardware and software and global business expansion.

## Funding rounds

- Series A, Jul 14, 2022 — Topping Capital, Skytrace Capital
- Series A, Jun 6, 2020, $14M — TCL Capital, Topping Capital, NobleLift
- Series A, Jan 18, 2019 — CDH Investments
- Angel, Jan 3, 2017 — Crestvalue

## Investors

- Crestvalue (https://capitalatlas.ai/funds/crestvalue) — Angel
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series A
- TCL Capital (https://capitalatlas.ai/funds/tcl-capital) — Series A
- Topping Capital (https://capitalatlas.ai/funds/topping-capital) — Series A
- NobleLift — Series A
- Skytrace Capital (https://capitalatlas.ai/funds/skytrace-capital) — Series A