Kunda Kids Raises $700K in Pre-Seed Funding
Summary
The round was led by Zrosk Investment Management with participation from Voltron Capital, Argentil Capital, HoaQ, Kaleo Ventures, together with angel investors Abi Ajayi, Adetayo Bamiduro of MAX, and Benjamin Fernandes, CEO of Nala Money. The company intends to use the funds to further build out its mobile app and continue working with creative talent. Founded in 2020 by husband and wife Oladele & Louisa Olafuyi, Kunda Kids is a children’s media publisher and creative studio which aims to bring more African culture, history and language learning to children’s publishing and teach values such as self-confidence, teamwork and kindness through storytelling. Kunda, a four-year-old boy of mixed African heritage, takes viewers on his adventures exploring the world around him with his friends Sana, a girl of mixed African and Indian heritage, Fela, a boy from Nigeria, as well as Leo the lion and Ella the elephant. The series’ storyline is anchored on friendship and imparts prosocial life lessons, providing parents and educators with an opportunity to teach and play with their children as they watch together.