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Miko

Category: Robotics / Embodied AI

Miko creates AI-powered companion robots for children that provide interactive and educational experiences through conversational learning. Miko was founded in 2015. The company is led by Sneh Vaswani. Based in Mumbai, India. Team size: 201-500. Total funding raised: $86.3M total (confirmed rounds only). Latest round: Corporate Minority ($10.5M, Nov 2025 led by iHeartMedia). Key investors include IIFL, Chiratae Ventures, YourNest, IvyCap Ventures, iHeartMedia, Aroa Ventures.

Founded
2015
Headquarters
Mumbai, India
Team size
201-500
Total funding
$86.3M total (confirmed rounds only)

Value proposition

To provide a safe, engaging, and personalized learning platform for children that supports STEAM education, cognitive development, and emotional intelligence through an interactive AI companion.

Products and solutions

Miko 3, Miko Mini, Miko Chess Grand, Miko Max (subscription service)

Unique value

Miko's uniqueness lies in its focus on creating an emotionally intelligent robot that can recognize and respond to a child's moods and needs. It combines advanced AI for conversational learning with a wide range of educational content from premium partners, all within a secure, parent-controlled ecosystem.

Target customer

Children aged 4-12, with parents as the purchasers.

Industries served

Consumer Robotics, EdTech, Artificial Intelligence, Consumer Electronics

Technology advantage

Miko leverages a proprietary emotional intelligence engine, advanced AI for voice and facial recognition, and a robust software platform that delivers personalized learning experiences. The company has a strong direct-to-consumer model and strategic retail partnerships, giving it a significant market presence. Their subscription model (Miko Max) provides a recurring revenue stream and access to premium content.

How they differentiate

Miko differentiates itself by creating emotionally intelligent robots that provide interactive games and academic content. It also allows child-focused content partners and developers to port their content on Miko and monetize it via subscription.

Main competitors

ROYBI, Embodied, PlayShifu

Key partnerships

Disney, Paramount, Lingokids, Da Vinci Kids, iHeartMedia, Google Cloud, Square Off (acquired 70% stake in 2022)

Notable customers

Not publicly available

Major milestones

Acquired a 70% stake in AI gaming startup Square Off in 2022, Expanded its global presence to over 140 countries including the US, Europe, and the Middle East, Partnered with iHeartMedia to integrate their audio content into Miko devices, Reached $550 million valuation in August 2025

Growth metrics

Not publicly available

Market positioning

Miko is positioned as a leading provider of AI-powered companion robots for children, focusing on both educational and emotional development.

Geographic focus

Initially focused on India, Miko has expanded its presence globally, including the US, Europe, and the Middle East, operating in over 140 countries.

Patents and IP

Specific patent information is not publicly available.

About Sneh Vaswani

Sneh Vaswani is the Co-Founder and CEO of Miko, a consumer robotics innovation lab. He has been leading the company since its inception in 2015. Prior to Miko, he was a Research Engineer at Siemens and was involved in a project to build intelligent underwater vehicles for the Indian Navy during his time at the Indian Institute of Technology Bombay.

Official website: