The children's entertainment and toy provider has allocated an initial $100m to Spin Master Ventures and announced its first two investments.

Canada-headquartered toy children’s entertainment producer Spin Master launched a strategic investment vehicle called Spin Master Ventures yesterday with $100m of capital.

Spin Master manufactures toys and games in addition to developing digital games and animated series, the most famous of which – Paw Patrol – was recently adapted into a motion picture. It also owns the rights to Meccano and Rubik’s Cube.

The unit will make early and growth-stage investments in developers of toy, game and entertainment products with a…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.