Lego Ventures and Sesame Workshop helped the children’s reading app developer close a series C round that will fund curricula development and international expansion.
Homer, the pre-school learning-focused subsidiary of US-based education technology developer Begin, has closed a $50m series C round featuring investors including toymaker Lego and children’s programming producer Sesame Workshop.
Fenghuang Holdings, the main investor in children’s education and entertainment provider Gymboree Play & Music, also took part in the round, alongside 3One4 Capital, Interlock Partners and Trustbridge Partners.
In addition, Liquidity Capital agreed to supply $25m of trajectory-based financing to accelerate the company’s growth. Lego invested through its Lego Ventures…
