
Cosmose AI
Categories
Singapore
Country

Miron Mironiuk (Founder & CEO)
Gordon Toh (CRO)
Tony Yu (CFO)
Szymon Aceda?ski (CTO)
Jerry Dang (Senior Product Lead)
Technology
Summary
Cosmose AI is a technology company that bridges offline and online experiences to enhance shopper engagement and increase sales for retailers. Founded in 2014 by Miron Mironiuk, the company operates from offices in Paris, Warsaw, Singapore, Hong Kong, Shanghai, and Tokyo, employing top talent, including winners of prestigious programming competitions like ACM ICPC and IOI. Cosmose AI’s clientele includes global brands such as LVMH, Richemont, L’Oréal, and Estée Lauder. The company offers AI-driven recommendations to users, encouraging them to shop in nearby stores, thereby saving time, and money, and contributing to environmental sustainability.
In partnership with Near, a blockchain protocol, Cosmose AI is pioneering a crypto-powered payment system through its KaiKai app, which aims to significantly reduce transaction fees for both consumers and retailers. This innovation aligns with the company's broader vision of empowering physical retail stores, which account for 80% of the retail sector, providing them with tools to compete effectively with e-commerce giants.
Cosmose AI has served over 20 million stores and reached one billion mobile devices globally, with a particular focus on the Chinese market. The company continues to explore blockchain applications to give users more control over their data, aligning with emerging trends in privacy and decentralisation.
History
Cosmose AI was founded in 2014 by Miron Mironiuk, a visionary entrepreneur who began his career at DDB Worldwide Communications. There, he established the company's first digital media planning department, working with major clients such as Unilever, Philips, McDonald’s, and Pandora Jewelry. Throughout his career, Mironiuk recognised a significant gap in the market—there was no effective solution to integrate offline retail with online advertising. This led him to create Cosmose AI, with the aim of bridging the gap between physical and digital retail experiences.
Cosmose AI quickly established itself as a pioneer in the retail technology sector. By employing advanced AI and data analytics, the company developed a platform that tracks in-store foot traffic and engages with shoppers online, providing seamless connections between offline and online shopping experiences. The company’s innovative approach attracted attention from global retail giants, and Cosmose soon began serving prominent clients such as LVMH, Richemont, L’Oréal, and Estée Lauder.
The company’s early success was marked by its rapid expansion into key markets. Cosmose established offices in major cities, including Paris, Warsaw, Singapore, Hong Kong, Shanghai, and Tokyo. These locations were strategically chosen to tap into the diverse retail environments of Europe and Asia-Pacific, regions where the company saw the greatest potential for growth.
In 2020, Cosmose AI raised $15 million in a Series A financing round, which valued the company at $100 million. The investment was led by institutional investors, highlighting the confidence in Cosmose’s business model and its potential for scaling. The company continued to innovate, and in 2023, it announced a strategic partnership with Near, a blockchain protocol. This collaboration aimed to revolutionise retail payments by introducing a crypto-powered payment system via Cosmose’s KaiKai app. The integration of blockchain technology enabled lower transaction fees, offering a cost-effective solution for both consumers and retailers.
By 2024, Cosmose AI had served over 20 million stores globally and reached one billion mobile devices, with a significant presence in China. The company’s workforce, comprising top-tier talent from around the world, continued to drive its expansion and innovation. Cosmose’s focus on empowering physical retail stores and enhancing consumer experiences through AI and blockchain technologies positioned it as a leader in the retail technology landscape. As the company looks to the future, it remains committed to utlising cutting-edge technology to create value for both retailers and consumers, while also addressing emerging challenges in data privacy and decentralisation.
Mission
Cosmose AI’s mission is to bridge the gap between offline and online retail, enabling physical stores to compete effectively in the digital era. By leveraging advanced AI and blockchain technologies, Cosmose empowers retailers to enhance consumer experiences, increase sales, and drive sustainable growth. The company is committed to making shopping more convenient, cost-effective, and environmentally friendly for consumers worldwide.
Vision
Cosmose AI envisions a future where technology seamlessly integrates the physical and digital shopping experiences, creating a fair and competitive landscape for all retailers. The company aspires to revolutionise the retail industry by providing cutting-edge solutions that benefit both consumers and businesses, ultimately contributing to a more connected, efficient, and sustainable global economy.
Key Team
Miron Mironiuk (Founder & CEO)
Gordon Toh (CRO)
Tony Yu (CFO)
Szymon Aceda?ski (CTO)
Jerry Dang (Senior Product Lead)
Recognition and Awards
Products and Services
Cosmose AI offers a suite of products designed to enhance retail experiences through advanced technology. The KaiKai Lock Screen is an innovative feature that engages users by displaying personalised offers and promotions directly on their mobile lock screens. This ensures that consumers are constantly informed about nearby deals, enhancing their shopping journey.
The KaiKai Shop is an intuitive mobile app that allows users to discover retail stores in their vicinity, providing AI-driven recommendations based on their preferences and shopping habits. By integrating with the Kai-Ching cryptocurrency, the app offers a cost-effective payment solution, reducing transaction fees for both consumers and retailers.
Cosmos Media is a powerful online targeting platform that enables retailers to engage with potential customers through precise behavioural and data targeting. By analysing offline behaviour, Cosmose Media allows retailers to create personalised marketing campaigns that resonate with consumers, driving foot traffic and sales.
References
- Cosmose - Crunchbase Company Profile & Funding | Crunchbase
- Cosmose, Inc. | LinkedIn
- Cosmose Valued at $500m in the Latest Strategic Investment from NEAR Foundation to Expand Application of AI in Consumer Retail | Cosmose
- Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution | Techcrunch
- Cosmose AI. Company profile. | Just Join IT
- Cosmose AI Company Profile 2024 | PitchBook
- Singapore's Cosmose AI raises funds | Nikkei
- Cosmose AI Provides E-platform that Influences the Way Customers Shop | PoLAND of IT masters
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Miron Mironiuk (Founder & CEO)
Gordon Toh (CRO)
Tony Yu (CFO)
Szymon Aceda?ski (CTO)
Jerry Dang (Senior Product Lead)
Technology