Avallain, a Swiss provider of e-learning and EdTech solutions, raised €8M in funding.
The round, which included both a revenue-based loan and an equity component, was led by Round2 Capital.
The company intends to use the funds to introduce product innovation for customers and to expand further into existing and new markets.
Founded in 2002 by Ursula Suter and Ignatz Heinz, Avallain works with brands worldwide to unlock human potential through innovative and technology-enabled education. Its software enables publishers, schools, universities, edupreneurs and corporate training teams, to create engaging digital learning and training experiences. . Enjoyed by teachers, trainers and learners everywhere
Its team covers five continents and represents more than 14 nations.
FinSMEs
14/12/2022