Encantos Announces Funding Led by Cross Culture VC and Rock Star Advisory Board
Encantos Media Studios, PBC (“Encantos”), the purpose-driven family entertainment and education company building brands for a multicultural world, today announced that it has closed its pre-seed round of funding from prominent executives and early stage investors, including Cross Culture Ventures.
In addition to completing the funding round, the company is also announcing today its Encantos Advisory Board. Comprised of prominent executives across the technology, entertainment, advertising, media and marketing industries, Advisory Board members will provide Encantos with strategic advice in the growth and development of the company. Encantos Advisory Board members include Richard Dantas (CEO, Ayablu / Burt’s Bees Baby), Rosanna Durruthy (Head of Global Diversity, Inclusion & Belonging, LinkedIn), Joe Feczko (Former SVP Integrated Marketing, Macy’s), Nely Galán (CEO, Galán Entertainment), Melanie Healey (Former Group President, Procter & Gamble), Antonio Lucio (Global Chief Marketing Officer, Facebook), Dr. Freada Kapor Klein (Founder, SMASH Program and Partner, Kapor Capital), Richelle Parham (Partner, Camden Partners), Rick Richter (Partner, Aevitas Creative Management), Jay Sethi (Vice President Smirnoff & Nurture Brands Portfolio, Diageo) and Astrid Soto (Chief Operating Officer, Agro Imports U.S.). The Advisory Board will be managed by Encantos Chairman and Co-Founder Steven Wolfe Pereira.
Marlon Nichols, Managing Partner and Co-Founder of Cross Cultures Ventures, said, “Although our world is increasingly diverse, our content is not. That is especially the case for kids and families content. Encantos is a dream team comprised of talent from tech, media and marketing. They know how to build brands, engage audiences and grow a business. Best of all, I’m proud to support a Latina-led company that is innovating in the direct-to-consumer entertainment and education industry and making a real difference for both families and communities across the U.S. and around the world.”
Read the Forbes profile and interview, and the BusinessWire Press Release