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MIITO GmbH logo — MIITO simplifies loose leaf tea prep for premium results. Hu...

MIITO GmbH

MIITO simplifies loose leaf tea prep for premium results. Huge market opportunity for innovation in tea industry. Kickstarter success, currently in design phase.

Founded 2015 Germany Berlin, Germany 2-10 employees Seed Consumer Electronics, Consumer Goods +3

General Information

Company Name MIITO GmbH
Founded Year 2015
Location Germany Berlin, Germany
Employees 2-10
Industries Consumer Electronics, Consumer Goods, Design +2
Funding Stage Seed
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About MIITO GmbH

MIITO GmbH, founded in 2015 and headquartered in Germany, is a startup aiming to revolutionize the preparation of loose leaf tea. The company's slogan, "MIITO simplifies loose leaf tea prep for premium results," captures its mission to simplify tea preparation while targeting the growing premium tea market. With a focus on innovation in the tea industry, MIITO has garnered attention through a successful Kickstarter campaign, selling over 6300 units and raising more than €800K in revenue within a month. This achievement not only demonstrates consumer interest but also signifies the market opportunity for tea-related innovations. MIITO's diverse team, encompassing design, engineering, manufacturing, supply chain, and business expertise, reflects its holistic approach to product development. Currently, the company is in the design for manufacturing stage, indicating progress towards commercialization. With its last investment being a Seed Round investment at 01 January 2015 led by Hardware.co, MIITO is poised to bring a disruptive solution to the tea industry with potential for significant impact.

Taxonomy: tea industry, premium tea, innovation, loose leaf tea, Kickstarter success, design phase, global tea market, electrical efficiency, temperature control, design for manufacturing, consumer convenience

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
01 Jan 2015

MIITO GmbH Alternatives & Competitors

MIITO GmbH vs
ZHEJIANG WUYI TEA INDUSTRY CO,LTD
ZHEJIANG WUYI TEA INDUSTRY CO,LTD

a professional manufacture for Chinese green tea,gunpowder tea,chunmee tea with factory

4 employees
Food and Beverage
MIITO GmbH vs
Ahmad Tea
Ahmad Tea United Kingdom

Inspiring The Love of Tea

435 employees
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MIITO GmbH vs
Teafloor ( A Venture by Budwhite Teas Pvt. Ltd. )
Teafloor ( A Venture by Budwhite Teas Pvt. Ltd. ) India

Teafloor has a lovingly crafted tea selection that lets you choose from a catalogue of premium tea v...

Series Unknown
6 employees
E-Commerce, Food and Beverage

FAQ About MIITO GmbH

MIITO simplifies loose leaf tea prep for premium results. Huge market opportunity for innovation in tea industry. Kickstarter success, currently in design phase.
MIITO GmbH was founded in 2015.
MIITO GmbH is headquartered in Berlin, Germany.
MIITO GmbH operates in the following industries: Consumer Electronics, Consumer Goods, Design, Food and Beverage, Manufacturing.
MIITO GmbH has approximately 2-10 employees.
MIITO GmbH has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to MIITO GmbH include ZHEJIANG WUYI TEA INDUSTRY CO,LTD, Ahmad Tea, Teafloor ( A Venture by Budwhite Teas Pvt. Ltd. ), Jivraj Tea Company - Bhagal, Matcha Tea Company. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MIITO GmbH and ZHEJIANG WUYI TEA INDUSTRY CO,LTD are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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