Elmo, Big Bird and the Cookie Monster get into venture capital

Cookie Monster
The not-for-profit behind Sesame Street has unveiled a new investment arm dedicated to exploring tech innovation for learning, called Sesame Ventures. Sesame Workshop, which has been producing the show since 1969, has announced an initial $ 10 million partnership with early Kickstarter backer Craig Shapiro’s Collaborative Fund to create the Collab+Sesame Fund. Sesame Workshop launched in the US but now has a presence in more than 150 countries and typically partners with educators to ensure its resources are relevant to school curriculums. Although a non-profit, the company has made significant money through partnerships with companies like HBO, which signed a five-year exclusive deal to on-demand Sesame Street last year, and so…

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