Tech EdVentures, a Dallas-based company focused on providing STEM-based education to young learners in PK-8th grade, raised $675k in seed funding.
The raise was structured as a convertible note and was syndicated by Tech Wildcatters, a venture capital seed fund and accelerator. The round included lead institutional investor, Deep Space Ventures, with the participation of angel investors from Dallas, Atlanta, and Pittsburgh.
The company intends to use the funds to continue to expand operations to include a new Dallas headquarters, develop a franchising model, and support marketing and sales programs.
Led by Dr. Allen Selis, CEO, Tech EdVentures provides in-person classes where kids learn to build robots, write computer code and design digital content under the direction of expert mentors. Launched in Dallas in 2014, the company entered the Tech Wildcatters Gauntlet accelerator program in February of this year.