Edurino, a Munich-based female-founded edtech, has recently raised €10.5 million in a Series A funding round to promote digital game-based learning for preschoolers. The company provides a German language hybrid learning platform that features an app and a toy fox named Mika. The funding round was led by London-based venture capital firm DN Capital, which has previously invested in tech brands such as Shazam, Weezy, and GoStudent. German VC Tengelmann Ventures and US-based investor FJ Labs also joined the round, along with existing investors btov Partners, Jens Begemann, and Emerge Education.
Background and Founding
Edurino was founded in 2021 by Franziska Meyer and Irene Klemm to provide preschool-age children with a safe introduction to digital learning through games. The company combines a learning app with analogue play figures and an ergonomic stylus to provide children with the skills they need to thrive in the digital working world of tomorrow. The company integrates traditional school competencies with STEM subjects and beyond, including logical reasoning, coding, natural science, creativity, and media literacy, into the key competencies necessary to succeed in the 21st century.
Expansion and Future Plans
After a successful launch in the DACH region with more than 100,000 products sold, Edurino plans to enter other European markets this year. The company has already partnered with several retail brands, including Media Markt, Saturn, Müller, Thalia, and My Toys. The additional capital will be used to expand sales channels in the DACH region. With a remote team of 45+, the company is committed to providing children with effective digital education solutions that are accessible to all.
Nenad Marovac, an investor at DN Capital, stated, “At DN Capital, we uncover entrepreneurs building global businesses that change whole industries. Irene and Franziska are exactly the sort of pioneers we love to work with, bringing their passion, expertise, and drive to developing a hybrid learning platform that is truly fit for the needs of 21st century pre-schoolers, grounded in educational theory and offering a safe environment for digital learning. We’re thrilled to be the lead investor at Series A and know this startup will go far.”
Dr. Götz Müller and Julia Lang from Tengelmann Ventures commented, “The new normal in a post-Corona pandemic world requires effective digital education solutions that are accessible to all. Edurino rethinks digital learning and builds the bridge between home and educational settings. Their unique approach has the potential to enable children from diverse backgrounds to learn skills and acquire knowledge relevant to the future before they even start school.”