BFKN represented a fund managed by Pendulum Opportunities LLC, a wholly-owned subsidiary of Pendulum Holdings, LLC, in a deal that secured $7 million in Series A financing for A Kids Company About. The round was led by Pendulum, with participation from Backstage Capital, Emerson Collective and several well-known Black investors.
A Kids Company About is a black-owned, multichannel, kids media company that aims to challenge, empower, and lead important conversations that conventional children's programming has largely ignored. With the latest funding, the company will launch an extension to its best-selling book series A Kids Book About by accelerating beyond books to offer multimedia conversation starters, including streaming classes and a podcast network.
"From the beginning, we set out to tell stories that talked up to kids, not down to them, creating inclusive content from first-person perspectives and diverse voices," said Jelani Memory, Founder and CEO of A Kids Company About. "With this expansion, we can tell more stories from new voices, engaging kids where they need it most. This is the future of kids media—content that takes kids seriously and meets them exactly where they're at."
BFKN acted as counsel in advising Pendulum in this transaction. Barack Ferrazzano's team was led by Andrew R. Grossmann and Kait E. Kelly. Intellectual property matters were handled by Scott J. Slavick.
To read more about this transaction, visit: https://www.prnewswire.com/news-releases/a-kids-book-about-rebrands-to-a-kids-company-about-in-conjunction-with-7m-in-series-a-funding-301351787.html
Pendulum™ is an inclusive and strategic growth investing and advisory platform designed for a momentum-building generation of business builders and leaders who sit at the epicenter of culture and commerce. Based in Los Angeles, Pendulum was founded by Robbie and D'Rita Robinson in 2019. For more information, visit www.pendulumholdings.com.
About A Kids Company About
A Kids Company About is a new kind of kids media company that is working to empower a generation of kids through diverse storytelling. Founded in 2019 in Portland, Oregon, A Kids Company About is built on the belief that kids are ready to have challenging, important, and empowering conversations with the grownups in their lives. For more information, visit www.akidsco.com.