Smart Toy Company Tenka Labs Raises $2.1M To Grow Staff and Expand...

Financing

Smart Toy Company Tenka Labs Raises $2.1M To Grow Staff and Expand Production

Feb 7, 2017

TENKA LABS, a San Francisco-based “smart toy” company, announced today it has secured $2.1 million in seed funding. Details about the private investors were undisclosed. A Tenka Labs spokesperson says the money will go towards expanding the company’s infrastructure, growing its staff and further developing and increasing production for Tenka Labs’ newest gadget: Circuit Cubes.

Designed for kids K-6, Circuit Cubes are LEGO-compatible and and magnetically snap together to add sound, movement and other sensors to projects, while teaching the basics of how electric circuits work. Circuit Cubes kits run for $59.95 and are now available for pre-order.

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