Tonies is the creator and publisher of tonies®, the innovative and award-winning audio system for children aged three and up.

The net proceeds of the capital increase are intended to be used to build up inventory to further accelerate its growth and its international expansion, particularly in the US, and to strengthen its balance sheet.

Armira is a Munich-based private equity investor that invests in established, market-leading and fast-growing companies in Europe.

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