K-12 Dealmaking: Kiddom Raises $15M; Tech Toy Developer Raises $4.2M

Contributing Writer

This week, K-12 collaborative learning platform Kiddom completed its Series B funding round. Also, Tech Will Save Us, a UK developer of STEM kits and toys, raised funding.

Kiddom Raises $15 Million: Kiddom, a collaborative learning platform for K-12 classrooms, has raised $15 million in a Series B funding round led by Owl Ventures, according to a company blog post. Previous investor Kholsa Ventures also participated in the round.

The purpose of the investment is to increase adoption of Kiddom’s enterprise product, Kiddom Academy, a collaborative learning platform for schools and districts the company just launched, Kiddom chief academic officer Abbas Manjee noted in an email to EdWeek Market Brief.

“Deployments of this scale will require us to pursue aggressive recruiting for technical roles, as well as implementation and support roles to ensure that each and every community that subscribes to Kiddom Academy is onboarded and equipped with a multi-year plan to take full advantage of the product,” Majee added.

The company raised $6.5 million in a funding round led by Khosla Ventures investment partner Keith Rabois in March 2017.

UK Tech Toy Startup Raises $4.2 Million: Tech Will Save Us, a UK-based creator of toys that kids can build and code themselves, has completed a $4.2 million Series A funding round led by Initial Capital with participation from Backed VC, SaatchInvest, All Bright, Unltd-inc, Leaf VC and other angel investors, according to a statement on The PE Hub Network.

The new financing will enable Tech Will Save Us “to further scale their business as they build the most empowering STEAM play universe uniting digital and physical toys” and expand its product range, the company said.

The funding comes as Tech Will Save Us prepares to launch their first partnership with Disney, which will be a Marvel Avengers-themed kit inviting children to help the superheroes complete secret missions, the company noted.

Language App Raises $420,000: Extempore, a language education app for K-12 schools and universities, has closed a $420,000 seed round led by Minneapolis’ Syndicate Fund.

The St. Paul, Minn.-based company said it plans to use the funds to increase their marketing and sales efforts, as well as to accelerate development of the platform, incorporating feedback from users.

“We’re helping schools and universities by replacing their traditional on-premise language labs with a cloud-based system that allows institutions to save money, space and time, tailoring their teaching to their students’ needs, in class or online,” said Stephen Fluin, technical co-founder of Extempore.

Developing Experts Raises $467,000: Developing Experts, a UK-based startup that aims to help tutors develop their skills and subject expertise, has raised approximately $467,000 from Anglia Capital Group, a group of angel investors, according to press reports.

Sarah Mintey, Developing Experts’ founding director and CEO, said she launched the company “because I was regularly asked to teach a subject outside my area of expertise and want all teachers to have access to resources which empower them to teach each subject like an expert,” according to the company’s website.

 

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