Private Equity Liquidity Events
Robotics startup Miko acquires 70% stake in AI-based board games startup Square Off
Robotics startup Miko has acquired a 70% stake in Square Off, which builds interactive board games such as chess that use robotics and AI to adapt to the player's expertise level. The two companies will aim to make Miko robots and Square Off smart board games communicate with each other to teach children to play chess and other board games.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between July-17 and Nov-18, Square Off had raised over USD 1.5 M from Kalaari Capital, India Quotient, RB Investments and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)