Pi based kid-nerdifier Kano buried under freak cash avalanche

Your child makes the machine, we just sell you a box of bits

Educational hardware startup Kano announced on Monday that it had raised $15m from a Series A funding pot.

Brit economist and one-time Goldman Sachs asset management chairman Jim O'Neill was among the backers piling greenbacks onto the outfit.

Kano, whose computer is powered by the Raspberry Pi 2 and retails at $149 (£119.99), said it hoped to scoop up a further $500,000 from community donations.

Last time Kano turned to crowd-sourcing for funds, it managed to quickly raise more than $100,000.

Separately, the firm unveiled its Power Kit, which serves as an extension pack to - among other things - help speed up the Kano.

The company's co-founder Alex Klein encourages kids to build the computers themselves.

In a paging Steve Bong moment, Klein said:

"Code can be a creative art, and it starts with our new computer that anyone can make." ®