a year ago
Yoto Raises $23 Million Led by Chan Zuckerberg Initiative
Yoto, a UK startup creating screen-free audio players for children, has secured $23 million in funding
Mark Zuckerberg and his wife Priscilla Chan, through their Chan Zuckerberg Initiative, contributed $11 million to the round
Yoto has previously received support from existing shareholders, including Paul McCartney, one of its initial investors
Chan Zuckerberg Ventures acquired a nearly 10% stake in Yoto last year, with managing partner Vivian Wu joining the board
The company aims to provide children with engaging audio experiences while promoting screen-free learning and play.