Ex-PayPal, YouTube and Yahoo Execs Raise Capital for Kid Activities in a Box

Mountain View, Calif.-based Kiwi Crate has raised $2 million in capital to help launch the company’s subscription-based service, which delivers a monthly package of hands-on activities for kids. The round was led by First Round Capital, with Mayfield Fund, Comcast Ventures, Felicis Ventures, Forerunner Ventures, Consigliere Brand Capital, UJ Ventures and 500 Startups also participating. The company was founded in 2011 by Sandra Oh Lin, former eBay and PayPal executive; Yu Pan, PayPal co-founder; and Yael Pasternak Valek, an ex-Yahoo product manager.


Latest Video

View all videos »

Search »

Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus