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…