What is Two Bit Circus?
Two Bit Circus is a Los Angeles-based nonprofit organization dedicated to creating innovative STEAM (Science, Technology, Engineering, Art, and Math) learning experiences for children. Their mission is to inspire innovation and entrepreneurship through hands-on projects, technology-driven storytelling, and the use of sustainable materials. The organization's programs encompass STEAM Labs, Makerspace installations, and professional development for educators, all designed to foster creativity and enhance problem-solving skills in young individuals. Furthermore, Two Bit Circus extends its impact by offering corporate team-building experiences aimed at cultivating collaboration and sparking creative solutions.
How much funding has Two Bit Circus raised?
Two Bit Circus has raised a total of $22.7M across 3 funding rounds:
Series A
$6.5M
Series B
$15M
Debt
$1.2M
Series A (2015): $6.5M with participation from Intel Capital, Techstars Ventures, and Foundry Group
Series B (2017): $15M led by JAZZ Venture Partners, Dentsu Ventures, Intel Capital, Georgian Pine Investments, and Foundry Group
Debt (2021): $1.2M supported by PPP
Key Investors in Two Bit Circus
JAZZ Venture Partners
JAZZ Venture Partners is an investment firm that likely focuses on companies within the technology and entertainment sectors, given their name and typical VC investment patterns.
Dentsu Ventures
Dentsu Ventures is a corporate venture capital fund that invests in startups, leveraging the resources of the Dentsu Group to support business development and foster innovation through collaboration between startups and large enterprises.
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting a wide range of technologies including artificial intelligence, autonomous vehicles, and cloud computing, providing business development support.
What's next for Two Bit Circus?
The recent major strategic investment in Two Bit Circus suggests a pivotal moment for the organization, likely enabling expansion of its STEAM education initiatives and potentially the development of new experiential learning platforms. The company's consistent funding history, particularly the Series B round which attracted significant venture capital, indicates strong investor confidence in its unique approach to education and engagement. This backing is expected to fuel further innovation in their program offerings and outreach, solidifying their position as a leader in hands-on STEAM education and creative problem-solving.
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