7 years ago
Moonbug raises $145 million to acquire kids' media brands
Moonbug, a kid-focused media business founded by entertainment executives, has raised $145 million in a Series A funding round led by The Raine Group
Venture capital firms Felix Capital and Fertitta Capital also participated in the financing
Moonbug, headquartered in London, acquires and distributes media content made for kids
The company recently acquired Little Baby Bum, a children's sing-along show popular on YouTube, Amazon and Netflix
With its Series A investment, Moonbug will amp up its M&A activity to expand its portfolio of content.
ProblemMedia and Entertainment
"Kids today need engaging and high-quality content to help them develop essential life skills, and traditional media companies aren't always able to provide that."
Solution
"Moonbug is building a portfolio of high-quality children's media brands by acquiring existing popular content that's already proven successful on platforms like YouTube, Amazon, and Netflix."