toucanBox, a London, UK-based children’s arts and crafts delivery service, secured £3.2m in its first institutional funding round.
The round was led by BGF Ventures, which committed £2.7m.
The company intends to use the funds to accelerate its UK and international growth and introduce new products.
Led by Virginie Charles-Dear and Sara Barokas, toucanBox makes and offers themed boxes of arts and craft activities for children aged three to eight. via a subscription-based model. Customers can pause, cancel or upgrade their subscription at any time.
Activity sets, developed by educational experts, are offered in three sizes – Petite, Grande and Super – with fortnightly or monthly delivery options and personalized with the child’s name.