Edurino, a Munich, Germany-based EdTech startup, raised €10.5M in Series A funding.
The round was led by DN Capital joined by Tengelmann Ventures and FJ Labs. Existing investors btov Partners, Jens Begemann and Emerge Education all participate again.
The company intends to use the funds for international expansion in the DACH region.
Founded in 2021 by Irene Klemm and Franziska Meyer, Edurino is a hybrid learning platform that offers children from 4 to 8+ years a safe introduction to digital learning by combining a digital learning app, haptic play figures and an ergonomic stylus. More than 160 educational institutions use it for digital preschool lessons and over 100,000 products have been sold to families in the DACH region. Last year, the company signed with over 10 major retail partners and online stores in the DACH region. These include book, electrical and toy retailers, such as Media Markt, Saturn, Müller, Thalia and My Toys.
Edurino currently employs a remote team of over 45 people.
FinSMEs
02/03/2023