Evollve Raises $3M in Series A Funding

OzoBot_LogoEvollve Inc., the Redondo Beach, Calif.- based hardware maker behind Ozobot, raised $3m in Series A funding.

The round was led by Tribeca Venture Partners.

Led by Nader Hamda, founder and CEO, Ozobot builds smart, small and social robots that teach the creative side of coding. By coloring on a piece of paper, users can bring the robot to life through a patented language of color commands, which can direct the Ozobot to spin, dance, speed up, slow down, zigzag and more.
Ozobots have three tiers of play:
1) color commands,
2) block-based programming with OzoBlockly, based off of Google’s Blockly, and
3) missions, which let users unlock new levels and discover more while boosting coding skills and creativity.

Ozobot is currently in 3,000 classrooms and is used to teach art, English, history, science and more.

The funds will be used to support product development of the Ozobot Bit, Ozobot Evo and additional missions and games.



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