NEW YORK, Feb. 1 (UPI) -- Sesame Street is intersecting with Wall Street to create a venture capital arm to invest in startups focused on children's development, it announced Monday.
Sesame Workshop, which has produced children's educational programming and related offshoots since 1969 when Sesame Street debuted, announced Sesame Ventures will partner with other venture capital firms to "extend the brand," Sesame Workshop CEO Jeffrey Dunn said, and fund startup companies involved in children's education, nutrition and health.