Kindaba is just one of the players in the growing landscape of European startups developing family technology solutions in Europe. According to Tech.eu research, the “Fam-Tech” sector secured 140 deals with over €270 million invested from 2015-2018 (Q2). During this time, the UK, Sweden, and Germany accounted for over half of total investment. While Kindaba has not disclosed the amount raised in this deal, the average round size invested in European companies in this space is €2.42 million (median round €1 million) over the last three years.
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