Robotics Startup Miko Raises $10 Mn From iHeartMedia

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SUMMARY

Robotics startup Emotix, the parent of AI-powered kids’ robot brand Miko, has raised $10 Mn (INR 88.5 Cr) from US-based audio media giant iHeartMedia through the issuance of preferential shares

Beyond the funding, Miko and iHeartMedia have reportedly entered a strategic partnership that will see iHeart’s expansive library of audio content integrated into Miko’s interactive robots

The move is expected to deepen Miko’s footprint across the US and enhance engagement for young users through family-friendly…



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Robotics Startup Miko Raises $10 Mn From iHeartMedia


SUMMARY

Robotics startup Emotix, the parent of AI-powered kids’ robot brand Miko, has raised $10 Mn (INR 88.5 Cr) from US-based audio media giant iHeartMedia through the issuance of preferential shares

Beyond the funding, Miko and iHeartMedia have reportedly entered a strategic partnership that will see iHeart’s expansive library of audio content integrated into Miko’s interactive robots

The move is expected to deepen Miko’s footprint across the US and enhance engagement for young users through family-friendly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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