KaDa Story, a Beijing, China-based children’s digital content platform, secured nearly RMB100m in Series A+ financing. Backers included Trustbridge, 37 Interactive Entertainment and Tomorrow Advancing Life.
The company intends to use the funds for expansion of the adoption globally as well as for content, user experience and distribution channel upgrading.
Led by Sally Xie, CEO and founder, KaDa Story provides a digital content platform specializing in personalized reading services for children aged 0-9. It also provides tailor-made services and one-stop children’s content solutions for publishers, kindergartens, public libraries, smart terminals, and other enterprises.
KaDa Story has reached 162 countries and regions, including developed countries such as the US, Japan, France, Australia, as well as developing countries like Sierra Leone, Malawi and Niger.
Among its 200-plus partners, there are more than 160 leading children’s content agencies in China, such as China Children’s Press & Publication Group，Daylight Publishing House, Jieli Publishing House, Wanda Kidsplace, and Alpha Group. It has also established partnerships with more than 40 international children’s content agencies including The Walt Disney Company, Groupe Bayard, Oxford University Press.