SAM Labs, a Cambridge, Mass.-based technology and education company, raised $8.9m in Series A2 equity funding round.
This new round includes social impact and education specialist investors including Partners in Equity through investor Hans Wackwitz and Inventures Investment Partners through Olivier de Duve.
The company intends to use the funds to scale operations and sales in the U.S., to supplement its international presence, and to bring new education products to markets in the U.S. and U.K.
Led by CEO and founder Joachim Horn, SAM Labs enables non-technical elementary and middle school teachers to deliver STEAM, coding, and problem-solving experiences to their classrooms through standards-compliant teaching kits. Students learn while designing, writing, building and debugging programs, applying sequencing, selection, and iteration. The learning experience features a mix of wireless electronics for easy classroom management, game-based apps for progression through coding, and teacher training.
The company’s flow-based programming and block-based coding resources are for students in grades K-8 and include STEAM for early grades and the recently released kit for grades 4-8, Learn to Code.
Originally launched with approximately $160k raised on the social investing site Kickstarter, SAM Labs has secured a total of $19.8m in investments including this latest round of $8.9m.