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.

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