Lalo, a New York-based baby and toddler brand, raised $10.1M in Series A funding.
The round was led by Spin Master Ventures, with additional participation from Babylist, Kevin Durant and Rich Kleiman’s 35V and ILIA Beauty Founder Sasha Plavsic’s Untold Holdings.
The company intends to use the funds to accelerate growth, driving product innovation, increasing brand reach and further enhancing the customer experience.
Led by CEO Greg Davidson, Lalo is committed to designing smart, functional, and stylish products for modern families. The company plans to launch several new products in the coming year and expand its footprint in both domestic and international markets.
FinSMEs
13/06/2023