Children’s publishing ed-tech and animation company focused on inspiring the next generation to learn about African culture, Kunda Kids, has raised $700,000 in a pre-seed round to promote expansion and growth.
The funding round was led by Zrosk Investment Management with participation from HoaQ, Voltron Capital, Argentil Capital, and Kaleo Ventures, together with angel investors Abi Ajayi, Chiamaka Ezenwa, Adetayo Bamiduro of MAX, and Benjamin Fernandes, CEO of Nala Money.
The funds raised will be pivotal in building the Kunda Kids app, enhancing capabilities, expanding its reach, and bringing the platform’s storytelling experiences to a wider audience.
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Speaking on the seed raised, co-founder and CEO of Kunda Kids Oladele Olafuyi said,
“I am thrilled to announce the successful closing of our pre-seed round, and I couldn’t be more grateful for the inspiring investors who share our vision. This milestone allows us to launch Kunda & Friends and invest in exceptional creative talent across Africa. We are committed to bringing forth a new generation of African storytellers, and together, we will change the narrative.”
Also commenting on the pre-seed fund secured, co-founder and COO of Kunda Kids Louisa Olafuyi said,
“Our children deserve to learn more about Africa’s rich and diverse heritage, and it is our ambition to provide quality stories in various formats to children around the world. It is essential for children to see themselves and others represented in world-class stories and content. By nurturing a sense of pride and belonging, We empower them to grow up as confident, culturally-aware individuals who will shape”.
Founded in 2020 by Oladele Olafuyi and Louisa Olafuyi, Kunda Kids has grown to become an established award-winning children’s media publisher and creative studio, dedicated to inspiring the next generation of global citizens. The company is passionate about promoting diversity and inclusion in children’s literature, and its stories and characters reflect this.
Kunda Kids exists to transform children’s content and programming about Africa for the next generation. By showcasing various elements of African history and culture in creative, fun, and simple formats for kids, parents, and educators can raise children to be global citizens with an understanding and appreciation for other cultures from around the world.
Notably, the company has sold over 25,000 books to date, and its app has been downloaded in over 130 countries. The Kunda Kids App features a wealth of children’s stories, audiobooks, and African language learning animations.
A core part of Kunda Kids’ mission is to create more opportunities for African talent in publishing and production. Also, to create engaging and inspiring stories that celebrate African culture and promote essential soft skills such as self-confidence, teamwork, and kindness.
The company strongly believes in the importance of promoting diversity and inclusion in children’s literature and media.