Wonder Workshop, a San Mateo, CA-based creator of clever robots that teach kids of all ages creative problem solving, coding, and robotics, closed a Series C funding round and associated financing of $41m.
Backers included Tencent Holdings, TAL Education Group, MindWorks Ventures, Madrona Venture Group, Softbank Korea, and VTRON Group and current investors TCL Capital, Sinovation Ventures, Bright Success, WI Harper, and CRV.
The company intends to use the funds to expand its software platform, while growing its presence in the consumer market and schools.
Led by Vikas Gupta, CEO and co-founder, Wonder Workshop has created The CleverBots — Dash, Dot, and now Cue — which guide kids’ exploration of STEM principles through activities suited to all ages, and introduce kids as young as age five to lifelong-learning and fun.
Launched in September of 2017, Wonder Workshop’s newest robot, Cue, is an entertaining robot designed for kids aged 11 and up, with four hero avatars that take personality and interactive communication to an entirely new level.
The robots are currently used in more than 12,000 classrooms worldwide and are featured in the Wonder League Robotics Competition, which drew more than 20,000 participants last year.
Student who participate in the competition use coding and robotics skills to solve social impact challenges.
FinSMEs
31/10/2017