Today edtech startup Kide Science, a global early childhood science learning provider, has secured €1.5 miillion funding in a seed round led by Sparkmind.vc. Selected existing investors including Zanichelli Venture also participated, bringing the total the startup has raised to €2.4 million since launching.
Kide Science, founded in 2017, is all about helping children to be curious about science and the natural world in everyday life. The platform is aimed at kids aged 3 to 8 years and helps them learn through play-based learning, storytelling and dramatic arts. In fact, the pedagogical methods they use are based on rigorous academic research conducted at the University of Helsinki, Finland.
Kide Science’s research-led method has helped them to win customers in 14 global markets. In their home country of Finland, the business has a rapidly growing customer base, including the City of Helsinki and nation’s largest private kindergarten chain (200 locations and 10,000 children). It also produces a TV show on YLE, Finland’s national public service broadcaster. In addition, Kide Science has signed deals in MENA, the Far East and with a large chain of learning centres in China. The latter will see the company’s programmes delivered in 70 locations across 30 provinces.
The fresh funds will be used to accelerate Kide Science’s international growth, pursuing new opportunities in Asia and across key international homeschooling markets. It will also be used for rapid expansion of the startup’s existing parent product as well as funding key hires in global business development and marketing.
Sari Hurme-Mehtälä, Kide Science’s CEO commented: “We’re excited that this new investment allows us to rapidly scale our global sales and marketing activities. This will help us teach key science skills to even more children globally, enabling them to better understand their world. Being purely learning sector focused Sparkmind.vc is an ideal partner for us and we look forward to working with them.”
via https://www.AiUpNow.com/ by contact@bcurdy.com, Khareem Sudlow
