Spin Master Ventures
225 King Street West, Toronto, Ontario, M5V 3M2, Canada
Overview
Spin Master Ventures is a venture capital arm of Spin Master Corp. SMV's focus is to accelerate growth in each of the Company's three creative centres comprising Toys, Entertainment and Digital Games, through strategic minority investments.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Lalo
Led · Series A · Jun 2023
Lalo is a NYC-based baby and toddler product brand founded in 2019 and led by CEO Gregory Davidson. Its product line began with a high chair and has expanded into a broad assortment for mealtime, bathtime, and playtime. The company recently launched a sustainability-focused line of developmental toy boxes that can be purchased via subscription or individually. Lalo closed a new equity investment from Forecast Labs, a consumer venture group that’s a division of Comcast; the amount was not disclosed. The company intends to use the funds to expand operations and broaden its business reach. Lalo is a New York-based baby and toddler brand focused on designing smart, functional, and stylish products for modern families. Led by CEO Greg Davidson, the company emphasizes product design for babies and toddlers. In June 2023 Lalo raised $10.1M in a Series A round to fund growth. The company said it will use the proceeds to accelerate growth by driving product innovation, increasing brand reach, and enhancing the customer experience. Lalo plans to launch several new products in the coming year and to expand its footprint in both domestic and international markets. No operating metrics were disclosed in the article. Lalo is a New York City direct-to-consumer baby brand founded in 2019 by Michael Wieder and Greg Davidson. The company’s product suite includes the Daily stroller, The Chair (a 2-in-1 highchair that turns into a play chair), the Play Kit (a child-size table with two play chairs), tableware and a bib. In July 2021 Lalo closed a $5.6M seed funding round led by Willow Growth Partners. Additional investors included Yael Cohen Braun, Dave Heath and Michael Silverstein. Lalo says it will use the funds to grow its product line and bring its products to more families. The business operates as a DTC brand out of New York City.
Team
No current team members are available.