Robotics startup Miko raises $10.5 million from iHeartMedia, to integrate US firm’s audio content in devices

Mumbai-headquartered robotics startup Miko has raised $10.5 million (Rs 93.5 crore) from iHeartMedia, an American audio media company.

Miko.ai operates on a hybrid model, selling AI-powered robots such as Miko Mini and Miko 3. Beyond funding, Miko and iHeartMedia have also entered into a partnership under which the robotics startup will integrate iHeart’s audio content into its devices.

Founded in 2015, Miko claims to serve customers in over 140 countries, including the US, Europe, and the Middle East. “Our partnership with iHeart marks a pivotal moment in Miko’s mission to make AI companions part of everyday family life,” said Sneh Vaswani, its cofounder and CEO.


“iHeart reaches 9 out of 10 Americans every month, and we couldn’t be more thrilled to help make Miko a household name across North America,” said David Ellis, Executive Vice President of Ventures at iHeartMedia. “Miko is an AI-native robotics with proprietary technology and IP that has the potential to reshape sectors from education and entertainment to mobility and connected living”

The AI-powered robotics platform says it uses generative content, advanced sensors, and long-term memory to make interactions safe, adaptive, and emotionally engaging.

The brand has just gone live with retail giant Costco in North America.