# Milo

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

- Industry: Consumer Products
- Headquarters: US
- Website: www.okmilo.com
- Total disclosed funding: $12M
- Latest round: Series A (Jan 8, 2023)
- Investors on record: 2

## About

Based in California, US, and founded in 2014 Loose Cannon Systems, Inc., doing business as Milo, provides consumer electronic products used for communication. The company was founded by Peter Celinski. In January 2023, the firm raised USD 12 million in Series A funding led by investor De Novo Ventures, with participation from another investor XT Ventures.

The company offers an action communicator known as Milo which facilitates hands-free, multi-way, group voice conversation. It enables adventurers to speak to each other even being on trails, slopes, or water without any phone or wifi simply by grouping their Milo by bringing it closer and pressing a button, and waiting for the audible notification.

The company plans to use the January 2023 funding to develop new features.

## Funding rounds

- Series A, Jan 8, 2023, $12M — De Novo Ventures, XT Ventures

## Investors

- De Novo Ventures (https://capitalatlas.ai/funds/de-novo-ventures) — Series A
- XT Ventures (https://capitalatlas.ai/funds/xt-ventures) — Series A