What is Mifold?
Mifold is dedicated to revolutionizing child car safety through its development of compact and portable booster seats. The company's product line, including the Mifold Comfort grab-and-go booster and the Mifold Hifold fit-and-fold booster, is engineered to meet stringent safety standards while offering unparalleled portability. Mifold targets families who require flexible and easy-to-use safety solutions for carpooling, taxis, and rental vehicles, aiming to make child safety accessible and seamlessly integrated into modern lifestyles.
How much funding has Mifold raised?
Mifold has raised a total of $1.5M across 1 funding round:
Angel/Seed
$1.5M
Angel/Seed (2016): $1.5M with participation from Sweet Capital
Key Investors in Mifold
Sweet Capital
Sweet Capital is a private investment fund established by the founders of King.com, known for the popular game Candy Crush Saga. The fund focuses on investing in innovative companies and startups, leveraging their expertise in the gaming and technology sectors.
What's next for Mifold?
The recent major strategic investment and the overall enterprise-level funding suggest Mifold is poised for significant expansion and market penetration. This capital infusion is likely to fuel further product development, enhance manufacturing capabilities, and broaden distribution channels globally. Mifold's focus on innovation in a critical safety sector, combined with strategic backing, positions it for continued growth and leadership in the portable child restraint market.
See full Mifold company page
