Edurino, a Munich-based EdTech startup, has raised €3.35 million for its hybrid learning platform featuring an app and a toy fox named Mika.
The funding round was led by btov Partners, with backing from Emerge Education and Fabian and Ferry Heilemann through Pirate Impact.
All existing investors from the business angel round, including Jens Begemann (Wooga). New business angels include Verena Pausder (Fox & Sheep), Ben Drury (Yoto) and Christian Felgenhauer and Maurice Khudhir (StudySmarter), have also participated in the fundraise.
With the new financing, the company plans to bring more figurines to market and develop more content, such as numeracy. The goal of the company is to become a holistic learning system for preschool children, then older school children and integrate learning games for creativity, English as a second language, and the basics of coding into its learning platform.
Launched in 2021 by Irene Klemm and Franziska, Edurino is a playful and responsible digital learning and school preparation for children 4-8+ years. The platform introduces children from 4-8 + years to digital learning and prepares them for school. The company offers a combination of physical toys and a digital learning app and invites children on a history-based journey into the playful world of learning
While children learn through play, parents can track their children’s learning progress in a separate area and regulate screen time individually. The app independently announces the end of playtime and switches off when the screen time has elapsed. The learning journey thereby adapts individually to the developmental stage of the child.
Speaking about the platform, Co-founder of Edurino, Irene Klemm, said,
"We want to lay the foundation for responsible digital literacy at an early age. We were amazed at how few good digital products there were on the market. Together with our strong investor team from the areas of gaming, education & tech, we want to revolutionize the digital education industry,"
Adding further about the platform, Co-founder, Franziska Meyer, said,
"We want to create products children will love. You have to look at the world from a different perspective and understand kids’ sense of play. We have worked with over 20 kindergartens and seen how well Edurino can be integrated into a child’s daily routine. Our crowdfunding campaign went 60% beyond our target, so we see confirmation from parents that our hybrid approach is on the right track."
Education expert and investor, Verena Pausder, added:
"In order for our children to find their way in the digital world of tomorrow, we need to teach them digital skills. And that’s exactly what Edurino is training them to do."
In order to scale product development, Edurino also plans to triple their staff from ten to thirty people over the next 12 months. In the near future, it aims to launch their products in the retail sector as well.