Baby and toddler brand Lalo has successfully raised $10.1 million in a Series A funding round, as announced in a company press release. The funding was led by Spin Master Ventures, with participation from Babylist, Kevin Durant and Rich Kleiman’s 35V, and Untold Holdings, founded by Sasha Plavsic of Ilia Beauty. Lalo intends to utilise the new capital to drive product innovation, enhance the customer experience, and expand its brand presence both domestically and globally. The company aims to challenge the established norms of the juvenile products industry and establish stronger connections with families. Lalo previously collaborated with furniture retailer West Elm and launched a collection that included high chairs, play kits, and dishware. Having raised $5.6 million in a seed funding round in 2021, Lalo’s focus remains on developing smart, functional, and stylish products for modern families, such as high chairs, bibs, and play gyms.

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