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Kids' audio platform Yoto raises £17m funding to fuel European and North American growth – Licensing.biz


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The kids’ audio platform, Yoto – the London-based team behind the award-winning Yoto Player – has raised $17 million in a Series A funding to help facilitate its rapid growth across Europe and North America.
The investment was led by Acton Capital with participation from JamJar Investments, Global Founders Capital, Emerge Education, as well as MPL Ventures.
Controlled using physical cards to play children’s audio content, Yoto Player has been developed to give children full control over their listening with access to entertaining audio – spanning stories and music – designed to encourage learning and imaginative play.
Since launching the new Yoto Player in early 2020, the firm has experienced explosive growth, securing partnerships and content deals with trusted household names such as LEGO and Disney as well as licenses with Penguin Random House, Sony Music, HarperCollins, Hachette, Macmillan and more. ....

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