Tech Company Financing Transactions
Mila Funding Round
On 12/23/2022, Mila secured $10 million in Series A funding from Cercano Management, Electrolux and private investors.
Transaction Overview
Company Name
Announced On
12/23/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Electrolux (Gregoire Letort)
Proceeds Purpose
It'll spend the money to hire, scale operations, expand its product portfolio and work toward its ultimate goal of meeting the global need for better indoor air quality. The company is also planning to launch Mila Halo, a smart humidifier.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded by three dads with the belief that every family deserves to breathe easy, Mila launched on Kickstarter in November 2019 and quickly became the most popular air purifier in crowdfunding history with more than $1.5 million in preorders. Mila sets itself apart by combining top-notch performance, design and technology, all at a price families can afford.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Grant Prigge
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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