The early learning toy provider secured series C funding with backing from Alphabet to boost its international growth.
US-based early learning toy producer Lovevery has received $100m in a series C round featuring internet and technology group Alphabet.
The round was led by The Chernin Group (TCG) and backed by philanthropic investment vehicle Chan Zuckerberg Initiative, Reach Capital and SoGal Ventures, while Alphabet invested in the company through corporate venturing vehicle GV.
Lovevery provides early learning systems and play kits to help children build brain connections and explore their surroundings. Its products include a miniature play gym, a…
