SAM Labs Completes $6.75M in Series A Financing

SAM Labs, a London, UK-based edtech startup, completed a $6.75M (approx. £5.1M) in Series A financing.

The round was led by Touchstone Innovations and E15 Ventures.

The company intends to use the funds to develop a number of new educational products.

Founded in 2014 by Joachim Horn, CEO, SAM Labs provides teachers with a STEAM solution including lesson plans, apps and electronics. By combining engaging software with user friendly hardware, the company teaches coding and engineering to children of all skill sets and interests. Its projects span across a variety of subjects — from biology, to probability, to music.

By focusing on learning outcomes and efficacy, SAM Labs will continue to improve student and teacher experiences by adding new technology, cross-curricula lesson plans and schemes of work, professional development, and hands-on customer support, and growing its partnerships with government organizations like the City of Helsinki and the UAE Ministry of Education, as well as companies like Microsoft Education and Intel Education.

FinSMEs

14/11/2017

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