Robotics start-up Miko picks 70% stake in AI board-game maker Square Off

The 2 companies aim to together generate more than $100 million in revenue in 2023

Miko, which makes companion robots for children, has acquired a 70 per cent stake in Square Off, a company for AI-driven automated board games, for an undisclosed amount.

“The move is a natural fit for two companies that share a passion for robotics and learning,” said Sneh Vaswani, co-founder and chief executive officer (CEO) of Miko, in a press statement. “AI is the future of play, and Square Off’s innovation has transformed how players young and old interact with chess and other board games. We’re excited to help Square Off continue accelerating its growth.”

Miko robots will instruct children how to play