According to Eu-startups, Finnish Edtech startup Kide Science announces today that it has just secured a capital investment of €1 million. Based in Finland, Kide is aiming to encourage new ways of learning and has been awarded the Education Finland Award for its fresh approach to education.
This round was led by Sparkmind Fund, in syndication with Tesi (Finnish Industry Investment Ltd) and also included an R&D loan from Business Finland. This investment will take Kide Science’s total seed funding to €3.2 million since launching in December 2017.
The fresh capital will be used for accelerating Kide’s growth in the US – enabling Kide to pursue new US partnerships and explore key international homeschooling markets. In addition, Kide has also picked up plenty of attention in its home market of Finland.
Aiming to encourage learning that is based on a child’s curiosity and sense of wonder, Kide wants to motivate 3-8 year-old children to learn how the world around them works, whilst also making life a little easier for overburdened teachers.