To launch the initiative, SMV has made minority investments in two companies aligned with Spin Master’s growth plans within the Digital Games creative centre. SMV’s geographic focus will be global but will be North American and Europe-centric initially.

SMV’s strategy will comprise minority investments and will include both early-stage companies, with investments in new teams and novel ideas, as well as providing growth capital to emerging business that have proven product and market fit. Spin Master will initially allocate $100 million to SMV, funded from existing internal resources. SMV will be led by experienced industry veterans, with a deep focus by creative centre. Spin Master Ventures will establish us as the partner of choice for entrepreneurs looking for capital to start and grow a business in the kids’ space and will complement our acquisition strategy as well as bolster our product development pipeline.” “The pace of innovation within the toys, entertainment and digital games industries is accelerating rapidly and by investing with a long-term view in leading ventures with promising ideas, we can increase our access to potentially game-changing thinking and concepts. “We’ve always stayed true to our entrepreneurial DNA based on innovation, openness to ideas, partnerships and pushing boundaries,” said Ronnen Harary, Spin Master’s Co-Founder and Board Chair. SMV’s investment mandate will be centred on medium and long-term trends including emerging technologies, pioneering services and other areas where Spin Master’s offering can be strengthened.

SMV’s focus is to accelerate growth in each of the Company’s three creative centres comprising Toys, Entertainment and Digital Games, through strategic minority investments. (“Spin Master” or “the Company”) announced today the creation of Spin Master Ventures (“SMV”). 19, 2021 /PRNewswire/ - Spin Master Corp. Investments will advance the Company’s strategy and assist start-ups and entrepreneurs in the children’s entertainment space

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