# Mio

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

- Industry: Internet
- Headquarters: Ho Chi Minh City, Vietnam
- Website: www.mioapp.co
- Total disclosed funding: $10M
- Latest round: Series A (Jun 21, 2022)
- Investors on record: 12

## About

Founded in 2020 and based in Ho Chi Minh City, Vietnam, iTapHoa Co., Ltd., trading under the name Mio, operates as a social commerce platform that sells fresh produce and groceries in Tier 2 and 3 cities in Vietnam. In January 2022 the company completed its Series A funding of USD 9.1 million led by Jungle Ventures. Mio currently fulfills more than 10,000 pieces of fresh produce per day and is operating in Ho Chi Minh, Thu Duc, Binh Duong, Dong Nai, and Long An. 

Through Mio, customers can browse a wide variety of fresh produce including meat and vegetables on the mobile app and place delivery orders. Because of its vertically integrated logistics infrastructure which includes procurement, warehousing, order sorting, and bulk delivery, customers receive produce directly from local farmers the next day. Mio also works with resellers called Mio Partners who aggregate orders and distribute them for profit.

Series A funding will be used to expand Mio's logistics and fulfillment system, enter new areas in Vietnam and enter new product categories like fast-moving consumer goods and household appliances.

## Funding rounds

- Series A, Jun 21, 2022, $9M — Jungle Ventures, Neu Venture Capital, Firebolt Ventures, iSeed Ventures, Patamar Capital, Lippo Group, B Capital, Hustle Fund, Banana Capital, K9 Industries Pte. Ltd
- Seed, May 21, 2021, $1M — Golden Gate Ventures, iSeed Ventures, Venturra Capital

## Investors

- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Seed
- iSeed Ventures (https://capitalatlas.ai/funds/iseed-ventures) — Seed, Series A
- Venturra Capital (https://capitalatlas.ai/funds/venturra-capital) — Seed
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A
- Neu Venture Capital (https://capitalatlas.ai/funds/neu-venture-capital) — Series A
- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Series A
- Patamar Capital (https://capitalatlas.ai/funds/patamar-capital) — Series A
- Lippo Group — Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series A
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Series A
- Banana Capital (https://capitalatlas.ai/funds/banana-capital) — Series A
- K9 Industries Pte. Ltd — Series A