Robotics Firm Miko Raises $2.5 Million from Angel Investors, Valued at $206 Million Post-Allotment

Miko, an Emotix-backed robotics company, has raised Rs 20.5 crore or around $2.5 million in fresh equity from a clutch of angel investors in a funding round.

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Miko approved a special resolution for the issuance of 679 Series C CCPS each with an issue price of Rs 3,02,695.

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Moneycrew Fintech invested Rs 4.5 crore, the remaining amount was pumped in by noted angel investors Amrapali B Doshi, Sanjiv Sarita, Amit Jain, Satyam Sinha, Inderjit Kaur Arora among others.

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Miko designs emotionally intelligent robots with state-of-the-art technologies like Artificial Intelligence and IoT.

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