LEGO Ventures Story

March 23, 2022

Created with: 1
InvestmentsExits Select Investments
Mod.io, Piepacker, Area9 Lyceum, Light Brick
13 1
Studio, Homer

LEGO Ventures is LEGO Brand Group's

corporate venture capital arm, investing in Select FreshGrade
the future of creativity, learning and play. Exits N/A

Created with: Source: CB Insights 2

LEGO Ventures Investment Activity
From Jan 01, 2017 - Mar 23, 2022 as of Mar 23, 2022
Amount of funding ($M) Number of deals
5

$50M

$40M

3
$30M

2
$20M

1
$10M

$0M

2018 2019 2020 2021 2022

Created with: Source: CB Insights 3

LEGO Ventures Deal Size
From Jan 01, 2017 - Mar 23, 2022 as of Mar 23, 2022
($M)
Average Deal Size
Column
($M)

Median Deal Size

12 ($M)

10

2018 2019 2020 2021

Created with: Source: CB Insights 4

LEGO Ventures New/Follow-On
From Jan 01, 2017 - Mar 23, 2022 as of Mar 23, 2022
100% New

Follow-on

50%

0%

2018 2019 2020 2021

Created with: Source: CB Insights 5

LEGO Ventures Industry Analytics
From Jan 01, 2017 - Mar 23, 2022 as of Mar 23, 2022
Consumer Products & Services Mobile & Telecommunications Internet
N/A / 13 deals
$3.5M / 1 deals $50.35M / 4 deals $72.33M / 6 deals
1 company 4 companies 6 companies

Software (non-internet/mobile)
$19M / 2 deals
2 companies

Color determined by funding ($M) of sector, size determined by number of deals.

$3.5M $72.33M
Created with: Source: CB Insights 6
LEGO Ventures's Investments
13 Investments
Date Company Amount Round New? Co-Investors Sources

11/8/2021 Mod.io $26M Series A - II Yes GameTech Ventures, Makers Fund, OIF Ventur… 2

10/21/2021 Piepacker $12M Series A Yes Makers Fund, Serena Capital, and Undisclose… 5

4/13/2021 Area9 Lyceum Unattributed VC - II Yes 2

11/3/2020 Light Brick Studio $1M Seed VC Yes 2

9/30/2020 Homer $50M Series C Yes 3one4 Capital Partners, Gymbo Global Educat… 5

8/24/2020 Caper $0.35M Seed VC Yes Founders Factory 2

3/31/2020 Eedi Unattributed VC Yes 1

2/27/2020 FreshGrade Unattributed VC Yes 1

11/6/2019 61draw $11M Series B - II Yes KIRKBI, Matrix Partners China, and Qiming Ve… 10

8/15/2019 Klang Games $22.33M Series B Yes Firstminute Capital, Makers Fund, Neoteny, Ne… 5

Created with: Source: CB Insights 7

LEGO Ventures's Investments
13 Investments
Date Company Amount Round New? Co-Investors Sources

1/3/2019 Monti Kids $3.5M Seed VC Yes Gingerbread Capital, Kevin O'Leary, Learn Cap… 2

9/18/2018 Peppy Pals Unattributed VC Yes 1

9/17/2018 Evolve Additive Solutions $19M Series A Yes Stanley Ventures 4

Created with: Source: CB Insights

LEGO Ventures's Exits
1 Exits
Date Company Valuation Exit Acquirer Sources

4/8/2021 FreshGrade Acquired Higher Ground Education 3

Created with: Source: CB Insights 8

LEGO Ventures News Mentions
From Jan 01, 2021 - Mar 23, 2022 as of Mar 23, 2022
Number of News Mentions
8

Apr Jul Oct

2021

Created with: Source: CB Insights 9

LEGO Ventures's Recent News
72 News Mentions
Date Article Other Mentions

11/9/2021 Network with Xbox Games Studio, LEGO Ventures and more at Pocket Gamer Connects … Beyond Games and Xbox

11/8/2021 Mod.io raises $26m in Series A funding WeChat Work

10/21/2021 Piepacker raises $12M in funding round led by Lego Ventures Piepacker

10/21/2021 Social gaming platform Piepacker raises $12 million for mobile expansion Piepacker and Makers Fund

10/21/2021 Cloud Gaming Platform Piepacker Reels In $12 Million Investment Piepacker

10/14/2021 Piepacker raises $12m in funding round Piepacker

10/1/2021 Epic Games, Wizards of the Coast, LEGO and Miniclip join GI Live: London Miniclip, Epic Games, Wizards o…

9/23/2021 Former Head Of LEGO Ventures Joins Fast-Growing Developer Of Speech Recognition Te… SoapBox Labs and Head

9/23/2021 Building blocks: Former LEGO Ventures chief joins Soapbox Building Blocks, SoapBox Labs, …

9/23/2021 05:00 ET Former Head of LEGO Ventures Joins Fast-Growing Developer of Speech Reco… SoapBox Labs

Created with: Source: CB Insights 10

LEGO Ventures's Key People
3 People
Name Title Status Work History

Jamie Beaumont Managing Director Current

Charles Madon Investment Partner Former

Cathy Lego Owner Former Photonics Fund

Created with: Source: CB Insights 11

Jamie Beaumont Experience
Current
Managing Director at LEGO Ventures | Managing Director
LEGO Ventures Area9 Lyceum | Board Member
2021 - Present

Created with: 12
Source: CB Insights