About Nimo
Nimo is a company based in Milpitas (United States) founded in 2016 by Suneesh Thuluthiyil.. Nimo has raised $100 thousand across 1 funding round from investors including Upekkha. Nimo offers products and services including Nimo 1 Core, Nimo 1 Glasses, and Enterprise Program. Nimo operates in a competitive market with competitors including Magic Leap, Rokid, ARKH, Thunderbird Innovation and Em3Ai, among others.
- Headquarter Milpitas, United States
- Founders Suneesh Thuluthiyil
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Nimo Planet, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Nimo
Nimo offers a comprehensive portfolio of products and services, including Nimo 1 Core, Nimo 1 Glasses, and Enterprise Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Pocket-sized device for productivity with multi-screen capabilities
Augmented reality glasses for spatial computing experiences
Support for integration and testing in hybrid workspaces
Funding Insights of Nimo
Nimo has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $100,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - Nimo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nimo
Nimo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Upekkha. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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AI startup acceleration and networking services are offered globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nimo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nimo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nimo Comparisons
Competitors of Nimo
Nimo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Magic Leap, Rokid, ARKH, Thunderbird Innovation and Em3Ai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Head-mounted virtual retinal displays for augmented reality viewing are provided.
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| domain | founded_year | HQ Location |
Artificial intelligence-based smart AR glasses are provided for information exchange.
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| domain | founded_year | HQ Location |
Provider of spatial computing devices
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| domain | founded_year | HQ Location |
AR glasses are developed for AI-based spatial computing.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions using MR-based smart glasses for enhanced user experiences.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nimo
Frequently Asked Questions about Nimo
When was Nimo founded?
Nimo was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is Nimo located?
Nimo is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Is Nimo a funded company?
Nimo is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jun 01, 2023.
What does Nimo do?
Nimo was founded in 2016 and is based in Milpitas, United States. Spatial computing wearable devices are developed and supplied by the company within the wearable technology sector. Smart eyeglasses tailored for multi-screen workspaces are offered, incorporating Bluetooth connectivity, head tracking capabilities, low-power architecture, and compatibility with Planet OS. Operations focus on enhancing productivity through these hardware solutions in the United States market.
Who are the top competitors of Nimo?
Nimo's top competitors include Magic Leap, Rokid and ARKH.
What products or services does Nimo offer?
Nimo offers Nimo 1 Core, Nimo 1 Glasses, and Enterprise Program.
Who are Nimo's investors?
Nimo has 1 investor. Key investors include Upekkha.
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