£18.0M
The British children's audio startup has secured £18m in fresh capital, featuring a £8.7m contribution from Mark Zuckerberg and Priscilla Chan.
"We both had nagging concerns around the effects of excess screen time for young children, with potential negatives around sleep disruption, fine motor control development and addictiveness of screens making us think twice about putting our kids in front of a screen. We’re actually both technophiles and big believers in the power of the internet and tech as a force for good. Screens aren’t always bad! Also, having met whilst working together in the digital music world, we really wanted to give our kids easy access to music and other audio content. So we came up with the idea of a connected, screen-free audio device that kids could be fully in control of using physical smartcards."