Live video commerce platform KIKO TV has raised an undisclosed amount in its Pre-Series A funding round led by the US venture capital fund SOSV.
The startup will be shortly graduating from SOSV’s Mobile Only Accelerator (MOX) program. KIKO TV had recently raised their seed round from 9Unicorns. This is the second funding raised by the company. According to a statement, this funding round is also open to others, who will be co-investing in the round.
The funding will be used to accelerate the product roadmap and increase adoption. The startup is looking at disrupting the mobile commerce space with live shopping and interactions between sellers and buyers, taking the native shopping experience to the virtual mobile screen.