Faba, the Treviso-based startup behind a fast-growing screen-free audio leisure system for youngsters, has secured €4.5 million in recent funding aiming to speed up its growth in Spain, considered one of its key progress markets.
The spherical was led by CDP Enterprise Capital, with participation from Oltre Impression and Ad4Ventures, a part of the Mediaset Group. This newest injection brings Faba’s whole funding to €8.2 million since 2022.
“This funding marks a key second in our internationalisation journey. We wish to be current in Spanish households with a proposition that educates, entertains, and stimulates youngsters’s creativeness,” stated Matteo Fabbrini, CEO and Founding father of Faba.
Based in 2019 and headquartered in Treviso, Faba gives an revolutionary various to screen-based leisure for youngsters aged 0 to 10. Its flagship merchandise — FABA Cuentacuentos and FABA+ — are interactive audio gadgets designed to help creativeness, language growth, and play via bodily sound collectible figurines known as “Personajes Sonoros”.
These collectible figurines unlock over 200 audio content material experiences accessible in Spanish, Italian, French, and English.
The startup has already made waves throughout Europe, reaching over 370,000 households in Italy, Spain, France, and Belgium. In Spain alone, Faba has been adopted by 30,000 households since launching in 2022, and with the brand new capital, the corporate plans to consolidate its market presence and proceed its upward trajectory.
Faba reported revenues of €10 million in 2024 and is aiming for €15 million in 2025, fuelled by this new spherical of funding. The workforce plans to broaden its workforce by 20 new hires by 2027, increase its omnichannel retail technique, and proceed investing in product growth and innovation.
In contrast to many digital-first toys that depend on screens, Faba says their design intentionally strips out visible stimuli, focusing as a substitute on high-quality audio storytelling and tactile engagement. The method has reportedly earned help from educators and researchers alike.
A examine performed by the Division of Life Sciences on the College of Trieste discovered that 46% of youngsters utilizing Faba confirmed marked enhancements in language and cognitive growth.
With over 1.7 million Personajes Sonoros bought, Faba has additionally acquired accolades together with the Toys Awards, Beloved by Mother and father, and the iF Design Award, cementing its fame as a trusted identify in early childhood schooling and leisure.
Working throughout greater than 2,000 shops in Europe, Faba’s mix of pedagogy, play, and expertise is positioning the corporate to probably develop into a market chief in Spain by the top of 2025.
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