What is Two Bit Circus?
Two Bit Circus operates at the intersection of technology, art, and education, functioning as a Los Angeles-based entity dedicated to fostering innovation through hands-on learning. By integrating STEAM principles into Makerspace installations and professional development programs, the company bridges the gap between academic theory and practical application. Their market position is bolstered by a dual-pronged approach: providing high-impact educational experiences for youth while simultaneously offering sophisticated corporate team-building solutions that leverage creative problem-solving and collaborative technology. This hybrid business model allows the organization to maintain a nonprofit mission while engaging with enterprise-level partners to drive revenue and social impact.
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 Techstars Ventures, Foundry Group, and Intel Capital
Series B (2017): $15M led by Dentsu Ventures, Georgian Pine Investments, Intel Capital, Foundry Group, and JAZZ Venture Partners
Debt (2021): $1.2M supported by PPP
Key Investors in Two Bit Circus
Intel Capital
A division of Intel that invests in innovative startups targeting artificial intelligence, autonomous vehicles, and next-generation compute technologies.
Foundry Group
A venture capital firm focused on early-stage information technology, Internet, and software startups, leveraging deep industry expertise to support growth.
Dentsu Ventures
A corporate venture capital fund that facilitates collaboration between startups and large enterprises to foster global innovation and business development.
What's next for Two Bit Circus?
With the recent influx of capital, Two Bit Circus is well-positioned to expand its footprint in the educational sector and refine its corporate service offerings. The strategic focus will likely shift toward scaling its STEAM Lab infrastructure and enhancing the digital storytelling components of its curriculum. By leveraging the expertise of its high-profile investor base, the company is expected to deepen its integration into school districts and corporate environments, ensuring that its mission of inspiring the next generation of entrepreneurs remains both scalable and financially sustainable. Future growth will likely prioritize the development of proprietary sustainable materials and the expansion of its professional development network for educators nationwide.
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