# Little Bits Electronics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/little-bits-electronics

- Industry: Electronics
- Headquarters: Boulder, US
- Website: www.littlebits.com
- Total disclosed funding: $61M
- Latest round: Series B (Feb 24, 2015)
- Investors on record: 13

## About

Founded in 2011 and based in New York, US, littleBits Electronics Inc. operates as a provider of electronic building blocks that snap together with tiny magnets that enable kids to enhance their skills, learn and have fun. The company also offers an e-commerce platform allowing users to buy inventor kits. In 2019, Little Bits Electronics was acquired by Sphero, Inc.

## Funding rounds

- Series B, Feb 24, 2015, $47M — Draper Fisher Jurvetson, Morgan Stanley Investment Management, Khosla Ventures, True Ventures, Two Sigma Investments, Foundry Group, VTF Capital, Grishin Robotics, Wamda Capital
- Series A, Nov 20, 2013, $11M — Khosla Ventures, Indie Enterprises, True Ventures, Two Sigma Investments, Foundry Group, MENA Ventures Limited, Neoteny Labs, Lerer Hippeau Ventures, VTF Capital
- Series A, Jul 18, 2012, $3.6M — Khosla Ventures, Indie Enterprises, True Ventures, Lerer Hippeau Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- Indie Enterprises (https://capitalatlas.ai/funds/indie-enterprises) — Series A
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A, Series B
- Lerer Hippeau Ventures — Series A
- Two Sigma Investments (https://capitalatlas.ai/funds/two-sigma-investments) — Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- MENA Ventures Limited — Series A
- Neoteny Labs (https://capitalatlas.ai/funds/neoteny-labs) — Series A
- VTF Capital (https://capitalatlas.ai/funds/vtf-capital) — Series A, Series B
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series B
- Morgan Stanley Investment Management — Series B
- Grishin Robotics (https://capitalatlas.ai/funds/grishin-robotics) — Series B
- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Series B