GV supplied a share of the funding for early learning toy producer Lovevery, which will use the proceeds to expand its product range and functionality.
US-based early learning toy developer Lovevery completed a $20m series B round on Tuesday that included GV, a corporate venturing subsidiary of internet and technology conglomerate Alphabet.
The round was led by consumer products-focused venture capital firm Maveron and also featured fellow VC firms Reach Capital and Collaborative Fund as well as philanthropic investment vehicle Chan Zuckerberg Initiative.
Lovevery creates toys that aid the development of young children, incorporating the recommendations of child development experts into their functionality. Its products…
