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littlebits.com

Founded Year

2011

Stage

Acquired | Acquired

Total Raised

$81.09M

About littleBits

littleBits is the New York-based hardware startup that is empowering kids everywhere to become inventors. Through its platform of easy-to-use electronic building blocks, littleBits allows anyone to create and prototype with electronics, independent of age, gender or technical ability. By embracing STEAM (Science, Technology, Engineering, Art and Mathematics), both girls and boys can invent solutions to the problems that matter to them.

littleBits Headquarters Location

601 W. 26th Street Suite M274

New York, New York, 10001,

United States

917-464-4577

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Research containing littleBits

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned littleBits in 1 CB Insights research brief, most recently on Aug 31, 2020.

Expert Collections containing littleBits

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

littleBits is included in 2 Expert Collections, including Baby and Kids Tech.

B

Baby and Kids Tech

1,268 items

Companies developing tech-enabled products and services that primarily serve babies, children up to approximately 12 years old, and their parents.

E

Education Technology (Edtech)

2,551 items

littleBits Patents

littleBits has filed 17 patents.

The 3 most popular patent topics include:

  • Computer connectors
  • Electrical connectors
  • Electrical signal connectors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/21/2019

5/10/2022

Printed circuit board manufacturing, Computer connectors, Electrical signal connectors, Electrical connectors, Sensors

Grant

Application Date

3/21/2019

Grant Date

5/10/2022

Title

Related Topics

Printed circuit board manufacturing, Computer connectors, Electrical signal connectors, Electrical connectors, Sensors

Status

Grant

Latest littleBits News

Grouphug, a tiny solar startup in Brooklyn, nabs Mark Cuban as an investor - CNET

Mar 24, 2020

Grouphug, a tiny solar startup in Brooklyn, nabs Mark Cuban as an investor Founder Krystal Persaud, a LittleBits alum, basically crushed it on Shark Tank. Listen - 03:10 Eric McCandless/ABC OK, let's try some good news for a change. Frankly, I could use it, so here goes. Over the summer (aka in the Before Times), we had a chance to profile Krystal Persaud , a whip-smart and quirky 31-year-old New Jersey native who in 2018 created the Brooklyn startup Grouphug (I know, not a very social-distancing-y name). The company makes designer solar panels you can hang on your window to charge your phone and enjoyed early success on Kickstarter, where it raised $70,000 for that product. Persaud created Grouphug after leading product design for years at another New York tech startup,  LittleBits , which makes colorful DIY electronics and sold last August to Sphero . Last year, she was contacted by the folks at  Shark Tank to appear on the show after they saw her Kickstarter video. So, she flew out to Los Angeles in September to pitch her story to a lineup of famous investors, including Kevin "Mr. Wonderful" O'Leary and Barbara Corcoran. She assembled a bunch of prototypes for her presentation and brought pictures of "Solar Cat," a large cat-shaped solar panel that's affixed to a window of the New York Hall of Science in Queens. The 140-watt cat powers a phone charging station inside the museum. The sharks told her the cat was the future of her business, but many of them quickly dropped out, opting not to bid on her company. The only investor left in the running was Mark Cuban, the billionaire owner of the Dallas Mavericks and the most well-known investor on the show. "You're impressive, I think there's a lot of upside to the concept," he told her during the taping, which aired for the first time Friday. Persaud was looking for an investment of $150,000 in return for 10% of her business. Cuban offered her that amount, but for 25%. "Would you …" Persaud said. "No," he repeated. Persaud threw her hand in the air, smiled and said, "You've got a deal, Mark." She told me Cuban is now Grouphug's only outside investor, after she's bootstrapped the company up until now. She's been talking to him for advice and business contacts "basically every week." "Since I've been working with him, it has been totally worth it," she said of the new investment. Going forward, Persaud said she'll be leaning into the Solar Cat business model, selling more custom-designed and uniquely shaped solar-panel projects to businesses and organizations as a way for them to show off their solar roofs and green initiatives. "I'm actually working on a turtle-shaped solar panel right now," she said. That's for a museum in Iowa. Solar Cat and its phone charging station at that New York Hall of Science. Courtesy of Krystal Persaud These larger panels start at $5,000, a much steeper price tag than her consumer-focused window panels, which are $149 each. She said she'll continue to sell the smaller window panels, too, as a way of helping introduce the public to accessible solar tech and potentially find more larger projects. Of course, Grouphug's work is slower going now during the coronavirus crisis, especially because Persaud's manufacturer is in China, which was badly hit by the virus, and her co-working space in Manhattan is closed. But she expressed confidence for the future of this work. I asked Persaud if she plans to change the name of her business, since group hugs are not recommended these days. She laughed at that idea, explaining that she named the business Grouphug to harken to small collective group actions and the warm feeling of working together. "I actually think it's more important than before to talk about it," she said. Now playing:Watch this: Mining the sun in Kentucky coal country 1:31

  • When was littleBits founded?

    littleBits was founded in 2011.

  • Where is littleBits's headquarters?

    littleBits's headquarters is located at 601 W. 26th Street, New York.

  • What is littleBits's latest funding round?

    littleBits's latest funding round is Acquired.

  • How much did littleBits raise?

    littleBits raised a total of $81.09M.

  • Who are the investors of littleBits?

    Investors of littleBits include Sphero, True Ventures, Foundry Group, Threshold Ventures, Disney Accelerator and 17 more.

  • Who are littleBits's competitors?

    Competitors of littleBits include Makeblock and 5 more.

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