Edtech startup Edurino has secured a fresh €10.5 million investment to build a personalised learning platform for kids, equipping them with digital skills for the future. The Munich-based team now plan to expand.
It’s been reported that we are dealing with a digital skills gap. As our world has become increasingly digital, we need people with the tech skills and know-how to keep up with innovation, keep up with tech development, and continue moving things forward.
Teaching digital skills to the next generation is a key part of ensuring we can keep up. Given that in 10 years our children will likely be working in jobs that don’t even exist yet, a new era of digital education is needed. Aiming to provide this is Edurino, a Munich-based startup building an e-learning platform for kids, and it just secured new investment to grow.
- €10.5 million raised 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 participated
Founded in 2021, Edurino has quickly become one of Germany’s fastest-growing startups. Franziska Meyer and Irene Klemm launched the company with a mission to provide children with a safe introduction to digital learning through the magic of games.
Irene Klemm & Franziska Meyer, Founders of Edurino: “In 10 years’ time our children will be working in jobs that do not exist in this form today. To meet this skills gap, we have opened a new chapter of digital education with Edurino. Through the magic of games, we want to equip children with the skills and experience to understand and harness the positive power of digitalization. The strong feedback from thousands of families and the collaboration with our partner kindergartens is driving us to expand Edurino globally.”
Edurino gives parents and educators effective and engaging tools to guide children during the formative years of their physical and digital development. It offers a hybrid learning system.
The platform combines a learning app with analogue play figures and an ergonomic stylus. To prepare children for the digital (working) world of tomorrow, Edurino expands the classic school competencies of reading, writing and arithmetic with STEM subjects and beyond into the key competencies required to succeed in the 21st century – for instance, logical thinking, coding, natural science, creativity and media literacy.
Looking to the long term, the Munich-based startup wants to support young learners throughout their educational journey via a personalized learning platform fit for the 21st century.
Nenad Marovac, Investor at DN Capital: “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.”
Now launched in the DACH region, more than 100k Edurino products have been sold to families, and the hybrid learning concept for digital preschool lessons is being used in over 160 educational institutions. Edurino also counts agreements with over 10 major retail partners and online stores in the DACH region. These include a well-known book, electrical and toy retailers, such as Media Markt, Saturn, Müller, Thalia and My Toys.
The plan now is to expand into other European markets.
Dr. Götz Müller & Julia Lang from Tengelmann Ventures: “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.”