Magikbee - reimagining kids’ learning and screen time
by Startacus Admin
Portugal-based EdTech startup Magikbee, who are on a mission to reimagine kids’ learning by using 
the childs own world to teach in a fun and engaging way, secures a further $250,000 round of funding, that will help the company to continue to develop its edtech portfolio.
Aiming to reimagine screen time by creating an ecosystem that promotes active fun and learning, over the past two years, the award-
winning company has introduced a number of innovative technologies in the education segment, including Magik Play, aset of interactive building blocks that synch with the iPad, and a video streaming app for preschoolers called kiddZtube.
In addition, building on the same technology found in Magik Play, the company recently launched Magik Book - a paper catalogue that links to a tablet, with digital content synchronised to each page.
Magikbee has earned several international recognitions including as a finalist of the Silicon Valley World Cup Tech Challenge in the AR/VR category, finalist of the Prémio Nacional Industrias Criativas and a STEM award from Purdue University in the US.
The funds raised will now be used to roll out an SaaS platform for Magik Book, aimed at small businesses looking to
use this technology as a marketing tool. At the same
time, the company intends to further expand the content and customer features of its video app, kiddZtube.
The latest round values the company at $3.3 million and is funded by Portuguese angel investor Ideias Glaciares, which also led the first round, Bluemind Investments and a private investor, James Fitzgerald, Global Vice-President of Silicon Valley-based cloud services company ServiceNow.
James, who will join Magikbee’s Board, successfully led ServiceNow’s expansion in Asia and has years of international experience across the globe that will be critical to Magikbee’s growth.
“We are delighted to have investors that share our vision and our passion. This round represents an important milestone in the company’s strategy, allowing us to expand the team, strengthen the product offering and test the market with some new products,” explains Hugo Ribeiro, Magikbee CEO.
If you like the sound of this edtech startup you might want to read up on:
- Spotify for textbooks Perlego raises $4.8m
-
Mrs Wordsmith - The EdTech startup for kids that's making learning new words a doddle
-
Toppa wants to be the Netflix of bitesize learning
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Software has become a powerful tool for businesses to harness. here are 4 software essentials your startup could adopt right now.
The Dublin-based MedTech company that is enabling remote monitoring of those with mild to moderate COVID-19 symptoms who are in self-isolation
The new FinTech platform that provides “the easy way to sell your unused and unwanted foreign cash currency at the best rates”.
In order to combat some of the impact caused by the coronavirus, many tourism focused attractions are turning to tech solutions. Here's a few!
The Trinity College spinout that has created a cost-effective hand hygiene training system teaching the WHO technique…
The lowdown on Budget Music Videos, the Belfast-based startup that will help you make a music video in a matter of minutes
BMW’s Innovation Lab next two sprints focuses on improving internal customer-led efficiencies or tech solutions that provide valuable data insights and analytics
WebARX create a COVID-19 cyber threats page to collect all the cyber attacks and online threats surrounding the COVID-19 pandemic
Require external capital to fund growth and worried about the potential impact coronavirus may have on your funding plans?
In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
Published on: 17th September 2018
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Chivas Venture divides this year's $1m Venture Fund between 26 global Startups 23rd Mar 2020 In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
- The open-source design of emergency ventilators for COVID-19 patients 20th Mar 2020 World Wide Community of over 500 designers engineers & medics finalising prototypes for safe scalable manufacture & rapid field deployment..
- Positive-ish reaction from small business and startup community to UK Chancellor’s Corona budget 11th Mar 2020 New UK Chancellor Rishi Sunak just delivered his first UK Budget. We took a look at first reactions from small business and startup leaders.
- Hyper-realistic plant-based meat company THIS™ raises £4.7m 11th Mar 2020 Major investment news for THIS™, arguably the world's most realistic meat alternative company, to help it keep up with growing demand
