Optolexia, a Stockholm, Sweden-based provider of a test to screen for dyslexia in children, raised $5.6m (approx. €5.2m) in funding.
The round was led by Gabriel Urwitz, CEO of Segulah, with participation from The Pomona Group.
The company intends to use the funds to launch its test in the United States.
Founded in 2015 and led by CEO Fredrik Wetterhal, Optolexia offers a new screening method to identify children at risk of dyslexia already in the first years of primary school. Its method makes for confident decisions on whether an individual needs supplementary support, and if further investigation is necessary. This optimizes use of school resources to the benefit of students, staff and community.
The company is currently conducting pilots and is about to release its service in the UK and the US in 2017.