# Miko

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/miko

- Industry: Consumer Products
- Headquarters: Mumbai, India
- Website: www.miko.ai/
- Total disclosed funding: $64M
- Latest round: Series D (Oct 1, 2024)
- Investors on record: 13

## About

Established in 2015, based in Maharashtra, India, RN Chidakashi Technologies Private Limited, doing business as Miko, also known as Emotix, is the developer of interactive robots designed to enhance learning and development in children through engaging and educational experiences that foster cognitive, emotional, social, and physical development. 
Emotix's product line includes Miko Mini, a compact AI robot featuring interactive games, academic content, and a human-like personality to engage children in educational activities while providing entertainment. Miko 3: A conversational learning robot powered by advanced AI. Miko 3 offers personalized learning experiences and helps children develop critical thinking and problem-solving skills. Miko Chess-Grand: An automated wooden chess board with advanced AI capabilities, allowing for an interactive and strategic gameplay experience. Miko Chess: A next-generation gaming board with fast blitz movements and interactive lights, enhancing the traditional chess-playing experience. Emotix also offers the Miko Companion app, which provides additional content and features to complement the Miko robots.
 
The company generates revenue by selling the products through its website, which cost USD 99 for Miko Mini, USD 198 for Miko Mini Twinpack, USD 199 for Miko 3, USD 249 for Miko 3 Special Edition, and USD 349 and USD 549 for Miko Chess.
 
The company will use the August 2024 funding for its growth plans.

## Funding rounds

- Series D, Oct 1, 2024, $16M — IvyCap Ventures Group
- Series C, Jun 29, 2022, $10M — Chiratae Ventures, IvyCap Ventures Group, Castle Investments, Satyadharma Investments & Trading Co. Ltd., Stride Ventures
- Series B, Aug 23, 2021, $29M — Chiratae Ventures, Clover Technologies Group, LLC, YourNest Capital Advisors, IvyCap Ventures Group, Mankind Pharma Ltd., 360 ONE, Castle Investments, Satyadharma Investments & Trading Co. Ltd., RA Hospitality Holdings, Aroa Ventures, Accelerator Investments LLC, Vijaya Holdings India LLP
- Series B, Apr 13, 2021, $0.7M — Chiratae Ventures, YourNest Capital Advisors, IvyCap Ventures Group
- Series B, Oct 12, 2020, $3.1M — Chiratae Ventures, YourNest Capital Advisors, Stride Ventures
- Seed, May 15, 2019, $2.6M — Chiratae Ventures, YourNest Capital Advisors
- Seed, Apr 21, 2018, $2M — Chiratae Ventures, YourNest Capital Advisors

## Investors

- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Seed, Series B, Series C
- YourNest Capital Advisors (https://capitalatlas.ai/funds/yournest-capital-advisors) — Seed, Series B
- Stride Ventures — Series B, Series C
- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Series B, Series C, Series D
- Clover Technologies Group, LLC — Series B
- Mankind Pharma Ltd. — Series B
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series B
- Castle Investments — Series B, Series C
- Satyadharma Investments & Trading Co. Ltd. — Series B, Series C
- RA Hospitality Holdings — Series B
- Aroa Ventures (https://capitalatlas.ai/funds/aroa-ventures) — Series B
- Accelerator Investments LLC — Series B
- Vijaya Holdings India LLP — Series B