# mimik Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mimik-technology

- Industry: Software
- Headquarters: San Leandro, US
- Website: www.mimik.com
- Total disclosed funding: $14M
- Latest round: Series A (Nov 3, 2021)
- Investors on record: 3

## About

mimik Technology Inc. specializes in providing advanced technology solutions that enhance device-first intelligence, enabling seamless collaboration among machines, devices, and human operators across various industries.Founded in 2021 and headquartered in San Leandro, US, mimik Technology Inc. develops innovative solutions focused on edge computing. The company was established by Fay Arjomandi, S. Sharif-Ahmadi, and Seyed Sharif. In November 2021, mimik raised USD 14.3 mn in Series A funding led by Pier 88 Investment Partners, with additional participation from NLabs and Primera Capital. This funding round marked a significant milestone for the company, enabling it to advance its business strategy.mimik offers a suite of advanced products and services centered around its core technology, which empowers device-first intelligence across various sectors. The primary offering is the mimik edgeEngine, a platform designed to facilitate seamless collaboration between machines, worker devices, and human experts. This technology optimizes operations in industrial automation, enhances driving experiences in the automotive industry, and supports real-time decision-making in on-site operations, all while reducing reliance on cloud infrastructure. The solutions are tailored for a wide range of end users, including industrial enterprises, automotive OEMs, and smart city infrastructures, focusing on improving operational efficiency, safety, and overall user experience. Geographically, mimik's products are deployed in North America, Europe, and Asia, reflecting a diverse and international client base.mimik generates revenue primarily through partnerships and B2B transactions, leveraging subscription models for its software solutions. Clients engage with mimik through a structured transaction framework that includes direct sales and ongoing service agreements tied to the deployment of its edgeEngine platform and related applications. These business transactions often involve the implementation of tailored solutions designed to address specific operational challenges faced by clients in sectors such as automotive and industrial automation. The revenue model is underpinned by the company's flagship offerings, including advanced features for data management and real-time collaboration, which are sold to enterprises seeking to enhance their technological capabilities and operational efficiencies.In November 2021, mimik Technology Inc. raised USD 14.3 mn in Series A funding to support its growth initiatives. The company plans to utilize these funds to expand its global go-to-market operations, which includes bolstering sales, enhancing solutions delivery, promoting developer outreach, and advancing technical training. Additionally, mimik is focused on expanding into new markets and geographic regions, further establishing its presence in North America, Europe, and Asia.

## Funding rounds

- Series A, Nov 3, 2021, $14M — Primera Capital, Pier 88 Investment Partners, NLabs

## Investors

- Primera Capital (https://capitalatlas.ai/funds/primera-capital) — Series A
- Pier 88 Investment Partners (https://capitalatlas.ai/funds/pier-88-investment-partners) — Series A
- NLabs — Series A