Early-stage startups in the baby and kids tech space are gaining increasing investor attention.
Deal activity to baby and kids tech startups reached record levels in 2016 at 176 total, and 2017 deals are on track to surpass that figure by year-end. However, dollar funding has fallen off so far this year, and is on pace to reach less than half of total 2016 dollar funding.
The comparatively high level of dollar funding in 2015 and 2016 can be attributed to a number of large $100M+ deals that took place during both years. These included a $448M investment to China-based online parenting platform Babytree in Q3’16, as well as a $150M Series D to China-based baby products sales platform Mia.com in Q3’15.
Read more at CB Insights.