Stanford Engineering Venture Fund has backed a series B round for Kano, which will use the money to start selling its computer kits in the US.
Kano, a UK-based producer of do-it-yourself computer kits, raised $28m in series B funding yesterday from a consortium that included the Stanford Engineering Venture Fund, an investment vehicle of Stanford University.
The round was co-led by Thames Trust and Breyer Capital, with participation from Index Ventures, LocalGlobe, Collaborative Fund, Triple Point Capital, Barclays and private investors Marc Benioff and John Makinson.
Kano manufactures computer kits that teaches users of all ages the principles of coding, progressing from block-based text to…