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LittleBits Gets $11.1 Million To Bring Its Lego-Like Electronics To Everyone

The company that makes electronics kits for home tinkerers is building its own platform so anyone can design products for LittleBits.

LittleBits Gets $11.1 Million To Bring Its Lego-Like Electronics To Everyone
[Image: Flickr user JSmith Photo]
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LittleBits, the maker of the popular, Lego-like electronics kits for home tinkerers, has bagged $11.1 million, which will go toward building out a platform that third-party partners can use to run their own LittleBits-compatible hardware.

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LittleBits began its business by selling electronics kits with bits of lights, motors, and other parts that magnetically click together in thousands of combinations. It recently introduced a $149 DIY synthesizer kit in partnership with KORG, the legendary synth maker.

LittleBits founder Ayah Bdeir told us last year that “Everyone is creative and everyone is a techie.” That spirit is fueling the next stage of LittleBits’ growth as a company: By building its own platform that outside designers can build upon, LittleBits is furthering its mission to democratize the traditionally top-down electronics industry. LittleBits plans to take a revenue share of products that will run on its platform.

The company says it already has a number of partners in the science and tech industries who are developing for its platform, but won’t name them until the first products come out next year.

About the author

Christina is an associate editor at Fast Company, where she writes about technology, social media, and business.

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