Kinderly secures £300k from Ufi Ventures and the Development Bank of Wales to develop childcare technology
The investment includes backing from Ufi Ventures and follow-on funding from the Development Bank of Wales.
Kinderly provides digital tools and professional development resources for early years childcare providers.
Kinderly has secured £300k in funding from Ufi Ventures, the Development Bank of Wales, and angel investors to expand its digital resources. The investment comprises £150k from Ufi Ventures, £100k in follow-on capital from the Development Bank of Wales, and £50k from angels.
The Newport-based company produces software designed to help childcare professionals manage administration, track learning progress, and communicate with parents. It also operates an online platform for continuing professional development.
The capital will be directed towards the ongoing development of Kinderly's digital toolset for the early years sector.
From the founder
"What motivates us is improving outcomes for all children, no matter what their background, so our mission is to create digital resources and tools to support childcare professionals to be at their best and to help them run an outstanding early years setting."
Geraint Barton
Founder and CEO at Kinderly
Investor perspective
"Our follow-on investment in Kinderly is testament to our confidence in the market potential of the Kinderly technology."
Sarah Smith
Portfolio Investment Executive, Finance Wales
Use of funds
- 01Continue product development
